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Perpetual Wealth Management adds five senior advisers

ANDREW MCKEAN  |  MONDAY, 28 APR 2025
Perpetual Wealth Management has recruited five senior financial advisers to its team. Michael Innes and Antony Pupovac will join the private clients team in Queensland as partners in May, while Sandra Kent and Laura Bosman will join the team in Western ...

Private capital, active ETFs to continue shake up of financial services: Deloitte

KARREN VERGARA  |  MONDAY, 28 APR 2025
Private capital, active ETFs and tokenisation are set to take the financial services sector by storm over the next three to five years, Deloitte predicts. Deloitte's 2025 Financial Services Industry Predictions report lays out six major forces that ...

Family offices favour real estate: Study

KARREN VERGARA  |  MONDAY, 28 APR 2025
The world's richest families love to invest in real estate more than any other asset classes, a new analysis shows, as more than half feature property in their portfolios. The research conducted by familyofficehub, a provider of global family office ...

Bravura chief exits: 'Right time to step aside'

ELIZA BAVIN  |  MONDAY, 28 APR 2025
... is the right time for me to step aside to allow the board to find a successor who can capitalise on this position and continue the positive trajectory." The board said it will commence a comprehensive international search for its next chief executive ...

Generation Development Group enters ASX 200

ANDREW MCKEAN  |  THURSDAY, 24 APR 2025
Generation Development Group has posted record inflows across its managed accounts and investment bonds businesses and capped off the milestone by entering the ASX 200. The group's funds under management (FUM) increased to $26.8 billion in the March ...

Australian equity fund manager in a league of its own: Mercer survey

ANDREW MCKEAN  |  THURSDAY, 24 APR 2025
An Australian equity fund manager has run circles around its rivals over the year to March, according to Mercer's most recent investment survey. The Forager Funds Management Australian Shares Fund returned 21.7% before fees, outperforming all 123 investment ...

Sidra Capital expands in Australia

KARREN VERGARA  |  THURSDAY, 24 APR 2025
... Sidra's first investment in the Australian market made in 2018. Sidra head of investments APAC Azlan Firman commented: "We continue to refine our strategies to adapt to the ongoing developments in global markets, and we consistently seek to identify ...

Global X to launch AI infrastructure ETF

KARREN VERGARA  |  THURSDAY, 24 APR 2025
... software names like Nvidia, Google and Microsoft, AI infrastructure companies represent an untapped growth area which will continue to expand alongside AI technologies. Hence, AI infrastructure can complement these existing holdings as it focuses on ...

Funds SA deputy investment chief to depart

JAMIE WILLIAMSON  |  WEDNESDAY, 23 APR 2025
... leave a hole which will be hard to fill, I am extremely fortunate to have a strong and deep team at Funds SA who will continue to strive for excellent outcomes for our clients and members."

Selfwealth shareholders resoundingly greenlight takeover proposal

ANDREW MCKEAN  |  WEDNESDAY, 23 APR 2025
... interest on customer cash in trading accounts, and the current period of cyclical upswing in interest rates is unlikely to continue indefinitely. "Scale is increasingly important in the online equity trading market, and there is no certainty that Selfwealth ...