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Labor wins: What super, advice industries want

ELIZA BAVIN  |  MONDAY, 5 MAY 2025
Industry groups representing financial advice and superannuation have congratulated Anthony Albanese and the Labor government for the overwhelming federal election win over the weekend. Super Members Council (SMC) said it is looking forward to working ...

Wealth managers' recovery looks promising: Research

KARREN VERGARA  |  FRIDAY, 2 MAY 2025
AMP, Insignia Financial and Challenger are poised to benefit from improved flows, lighter regulation and emerging longevity solutions despite the market volatility, analysis from Morgan Stanley shows. AMP's flow momentum is set to continue, combined ...

No US recession priced in yet: UniSuper

ELIZA BAVIN  |  FRIDAY, 2 MAY 2025
... between bonds and derivative markets, it looked like a lot of holders who had borrowed money to buy the bonds had to quickly close out those positions, and so all at once, everyone's trying to reduce risk - they're selling bonds. "The reason ...

JP Morgan AM hires from Vanguard

ELIZABETH FRY  |  THURSDAY, 1 MAY 2025
JP Morgan Asset Management has appointed an exchange-traded fund specialist from Vanguard to bolster distribution in the rapidly growing market. Stefania Vivarini is credited with launching Vanguard's ETF-based separately managed accounts. Vivarini ...

SS&C scores another super mandate

ELIZA BAVIN  |  THURSDAY, 1 MAY 2025
SS&C has been awarded a mandate from REI Super to serve as the superannuation fund's administrator. SS&C Global Investor & Distribution Solutions (GIDS) will provide the $2.5 billion fund with superannuation administration services and streamlined operations ...

Platinum mulls L1 Capital merger

JAMIE WILLIAMSON  |  THURSDAY, 1 MAY 2025
Platinum Asset Management is currently in discussions with L1 Capital to combine forces, a move that would create an $18 billion investment manager. Platinum Asset Management is considering merging with L1 Capital, confirming via the ASX it is discussing ...

Finfluencer failed to disclose paid promotions, says regulator

JAMIE WILLIAMSON  |  WEDNESDAY, 30 APR 2025
... promoting a particular asset during an online trading simulation, all designed to resemble Reddit, X, and YouTube posts. Close to 40% of those exposed to the posts purchased the promoted assets, compared to just 10% of those who weren't. It also found ...

KKR, Capital Group debut first public-private investment products

ANDREW MCKEAN  |  WEDNESDAY, 30 APR 2025
KKR and Capital Group have launched their first two public-private investment products, interval funds focused on credit strategies, while announcing ambitions to deepen the exclusive strategic partnership they formed last May. The private markets firm ...

Inflation figures point to May rate cut

ELIZA BAVIN  |  WEDNESDAY, 30 APR 2025
... materialising in some of our key trading partners, including the US, where the US Economic Policy Uncertainty index remains close to historical highs," Chesler said.

Perpetual Wealth Management adds five senior advisers

ANDREW MCKEAN  |  MONDAY, 28 APR 2025
... 'Advice for Women, by Women' program, which focuses on the comprehensive and unique financial needs and goals of women. Close to 60% of Wealth Management's advice team are women, and women represent approximately 40% of the business' client groups. As ...