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| | | The North Managed Portfolios Insight Report by AMP indicates the mainstream popularisation of managed portfolios in the past year. The report references recent IMAP and Milliman data showing total managed portfolio assets under management (AUM) has ... |
| | | | Financial advice firm Lorica Partners is merging with Multiforte Financial Services, uniting the two companies under the Lorica Partners brand. Multiforte's clients will continue working with existing advisers for the next 12 months, as the staff ... |
| | | | Norges Bank Investment Management (NBIM), the investment management arm of Norges Bank, has committed $2.3 billion (US$1.5bn) to Brookfield Asset Management's Global Transition Fund II (BGTF II) to expand its current mandate from the government. The ... |
| | | | About three years ago, robo-advisers, one by one, began dropping like flies. The likes of Six Park, Upstreet and Advice Intelligence either folded or were acquired. Even Ellerston Capital's ethically based robo-adviser, which launched in early 2023 ... |
| | | | Equip Super has promoted Michelle Cheong to chief risk officer, effective October 6. Cheong brings nearly two decades of experience in the superannuation and financial services industry. Starting her career at Ernst & Young, Cheong moved into senior ... |
| | | | The Guardians of New Zealand Superannuation, manager of the New Zealand Superannuation Fund, has announced Maaike van Tol as the new head of risk. Van Tol will begin her new position on September 29, after over a year with the Guardians' asset allocation ... |
| | | | First Sentier Group has appointed Harry Moore to replace outgoing chief executive Mark Steinberg who steps down at the end of the year. "We are very pleased to make this an internal appointment. Harry brings significant experience from his various senior ... |
| | | | The Reserve Bank of Australia (RBA) has released its 2025 Assessment of the ASX Clearing and Settlement (CS) Facilities, slamming the market operator for continued failures. The RBA determined the ASX has "considerable work to do" to meet the central ... |
| | | | Mergers and acquisitions (M&A) in the US wealth management sector have reached unprecedented levels over the last five years and the local sector is poised to benefit highly from this, according to Berkshire Global Advisors (BGA). Bomy Hagopian, a partner ... |
| | | | While financial services organisations may be comfortable with taking risks, certainly when it comes to investing, there are other types of risks they're not so familiar with. It may be 2025, but we continue to consistently see examples of organisations ... |
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