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| | | The wealth group will consolidate its self-employed licensees under one brand, to be owned by the advisers via a new equity model. It has also confirmed it will divest most of its holding in Godfrey Pembroke and is looking to sell Millennium3. Insignia ... |
| | | | The wealth management sector is at a critical juncture, confronting declining fees and escalating compliance costs, according to Citigroup research. Accordingly, the Citi Disruption and Transformation in Wealth report suggested a need for wealth managers ... |
| | | | The Australian Competition and Consumer Commission (ACCC) has outlined eight principles designed to combat greenwashing by businesses and protect consumers. The ACCC has published a draft guidance to address "concerning conduct" arising from a recent ... |
| | | | The ETF industry in Australia has surpassed $150 billion in funds under management, bolstered by net inflows of $4.8 billion since the start of 2023. Betashares chief executive Alex Vynokur highlighted that ETF adoption among Australian investors is ... |
| | | | The listed wealth group will acquire and merge the businesses of Castle Corporate and Castle Legal for $3.15 million. Castle Corporate assists accountants, financial advisers, and lawyers with the formation of companies, trusts, and self-managed super ... |
| | | | Cromwell Property Group (Cromwell) and Australian Unity Property have agreed to bring two unlisted property funds under the one roof, creating a $1.1 billion entity. The deal will result in unitholders in the Cromwell Direct Property Group (CDPF) and ... |
| | | | The alternatives fund manager has launched a strategy to wholesale investors that targets secured real estate loans located in Australia and New Zealand. iPartners' Property Credit Fund is capped at a $50 million raise before first close, with iPartners ... |
| | | | Global X launched its first broad-based commodity ETF down under, the Bloomberg Commodity ETF (BCOM). BCOM tracks the Bloomberg Commodity Index 3-Month Forward Excess Return, offering investors access to both soft and hard commodities such as grains ... |
| | | | Cromwell Property Group (Cromwell) and Hong Kong-based asset manager Value Partners Group have established a joint venture, exchanging on the sale of a 50% stake in the Cromwell Italy Urban Logistics Fund assets. The seven properties that make up the ... |
| | | | While recent volatility has undoubtedly rattled the investment management landscape, it hasn't deterred asset managers from their future plans, according to a recent global study. The study, conducted by Coalition Greenwich in partnership with Northern ... |
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