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| | | ... also boasted stellar performance compared to the end of 2023 when they collectively made $443 million in net losses. For product lines, revenue for individual disability income insurance (IDII) steadily increased over the 12 months to June to $1 billion. ... |
| | | | ... things that matter, despite the lasting impact and benefits of an ongoing advice relationship." AMP general manager of product and pricing Gai Ferrington added: "North is committed to supporting advisers in their mission to provide quality advice to ... |
| | | | ... and relatively poor investment strategy implementation. Overall, median fees and costs for members were lower across all product types. MySuper products' fees were down 2.3bps to 0.248%. Platform TDPs fees were down to 0.468% while non-platform TDPs ... |
| | | | As funds under management (FUM) hits nearly $5 billion, K2 Asset Management (KAM) flagged it is "now actively exploring mergers and acquisitions". KAM's responsible entity (RE), trustee and administration business drove FUM growth in the 12 months ... |
| | | | ... globally," the manager said. "The addition of a currency hedged active ETF completes the suite of listed and unlisted product types for Loftus Peak's Global disruption strategy." As at July 31, the Loftus Peak Global Disruption Active ETF has $662 ... |
| | | | The government has dumped the inquiry into wealth management companies that would have dissected the collapse of firms like Dixon Advisory and the impact on the Compensation Scheme of Last Resort (CSLR). In September 2024, the government referred the ... |
| | | | ... representations of Shield's performance; and failing to properly assess Shield before adding it to the firm's approved product list. ASIC said MWL also did not disclose its use of lead generators and failed to advise clients of their rights to ... |
| | | | ... greenwashing. Earlier this month, the government commenced a consultation on the introduction of sustainable investment product labels, similar to those introduced in the EU. When the rules were introduced in the EU, many investment managers abandoned ... |
| | | | Revolution Asset Management is set to launch a private credit product on the ASX and is targeting a $400 million raise. Revolution Private Credit Income Trust, under ticker coder REV, will debut on September 22. Already, Revolution co-founder and chief ... |
| | | | QIC has made an investment via its $150 million QIC Critical Minerals and Battery Technology Fund (QCMBTF) to support Ark Mines' Sandy Mitchell Rare Earths Project. The project, located 230km northwest of Cairns, contains significant resources of ... |
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