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Nominate now for the MAX 2026 Awards

STAFF WRITER  |  TUESDAY, 24 MAR 2026
... professionals with under five years' industry. Those working in financial services are encouraged to nominate the exceptional business development, marketing, advertising, and public relations talent they work with. Nominations close April 3, with ...

Managed accounts increase confidence amid volatility: Research

RIDDHIMA TALWANI  |  MONDAY, 23 MAR 2026
... industry expected to grow to $400 billion by the end of 2027. Almost six in 10 advisers said managed accounts improved their business profitability. Investment Trends chief executive Eric Blewitt said managed accounts have increased profitability by ...

Sequoia offloads InterPrac in $50k fire sale

KARREN VERGARA  |  MONDAY, 23 MAR 2026
... Financial Planning for $50,000 to Conquest Investment Partners. Sequoia said the "increasing platform withdrawals for new business for remaining advisers, despite their not being involved whatsoever with the failures of the Shield and First Guardian ...

AI layoffs a correction from overhiring: Morningstar

RIDDHIMA TALWANI  |  FRIDAY, 20 MAR 2026
... companies are being made from a high starting point, where in the past decade hiring could have outpaced the needs of the business. Atlassian recently laid off 10% of its workforce impacting 1600 jobs. Block, the owner of Australian Afterpay, told its ...

BNP Paribas AM to turbocharge $2.6tn AUM by 2030

KARREN VERGARA  |  FRIDAY, 20 MAR 2026
... management and insurance. The majority or 66% of its total assets of nearly $4 trillion come from the asset management business. Across strategies, about $1.9 trillion are in actively managed and ETF products, while $490 billion sits in alternatives. ...

Treasury downgrades productivity assumptions

ELIZA BAVIN  |  FRIDAY, 20 MAR 2026
Speaking at the Australian Business Economists event in Melbourne yesterday, Treasurer Jim Chalmers shared a somewhat bleak outlook for the Australian economy. However, he said the government will work to mitigate the risks facing Australia in the May ...

Camilla Love heads to RBC BlueBay

ELIZABETH FRY  |  THURSDAY, 19 MAR 2026
... Capital co-founder Camilla Love as it seeks to re-establish its local presence. Love will be appointed country head of the business which represents RBC Global Asset Management outside North America and oversees US$419 billion. Her appointment comes ...

Barings nabs Challenger's fixed income lead

ELIZABETH FRY  |  THURSDAY, 19 MAR 2026
... Robinson's appointment also supports Gryphon's broader integration within Barings' global asset-based finance business. At Challenger, Robinson oversaw multi-strategy credit portfolios and served as portfolio manager on flagship vehicles ...

PIMCO appoints local managing director

ELIZABETH FRY  |  THURSDAY, 19 MAR 2026
... PIMCO has promoted a senior Australian fixed income manager to managing director, recognising his leadership in the local business. Adam Bowe, who heads Australian portfolio management and sits on the Asia-Pacific portfolio committee, joined PIMCO 14 ...

Geoff Lloyd to lead Perpetual wealth spin-off

ELIZABETH FRY  |  THURSDAY, 19 MAR 2026
... the Financial Services Council. In 2010, Lloyd left a leadership position within BT's advice and private banking business to head Perpetual Private Wealth, later becoming Perpetual's chief executive in 2012. He remained in the role until mid-2018 ...