ASIC has cancelled the Australian financial services licence (AFSL) of ABL Funds Management Pty, based in regional New South Wales. The corporate regulator said the licence of the Forbes, NSW firm had ...

Each has been designed to offer single trade exposure to globally diversified portfolios covering Australian and international equities, fixed income and real assets, such as global listed ...

Investors are becoming more demanding regarding value-add from asset managers and more selective on the number of providers they use, according to Capital Group. With more consolidation taking place ...

Adviser Ratings has appointed Sivan Atad as chief information officer, calling it “one of the most important hires” in the firm’s history, while outlining its plans to evolve into an AI-first platform ...

The firm brings a team of 20, half of which are financial advisers, and works with individuals, families, and business owners as well as philanthropic organisations and family offices, and is led by ...

Almost one in every 1,000 Australian residents could be an ultra-high-net-worth individual (UHNW) in five years’ time, according to Knight Frank. Over the next five years, the UHNW population is ...

Global assets under management (AUM) may have tripled over the last 15 years but industry profit margins remain largely unchanged, according to a sector report from Boston Consulting Group. The Global ...

Prior to VBP, Jacobsen held several senior executive positions including managing director of listed company Diverger, managing director of Paragem, and general manager roles at Perpetual Private. He ...

Founded in 1846 by Independent Order of Odd Fellows (IOOF), it listed on the ASX in 2003 before changing the name to Insignia Financial in 2021 following the acquisition of MLC Wealth. The bidding ...

While the next generation prepares to up their involvement in family office operations, global research shows a severe lack of preparation for when founders eventually hand over the reins. The study ...

Merlon Capital Partners has been awarded an Australian equities mandate from industry fund Prime Super. The industry fund will utilise Merlon’s Concentrated Australian Share strategy, which focuses on ...

With advisers relying on business development managers (BDMs) to explain complex alternatives funds, having access to investment teams is becoming a critical sticking point for senior distribution ...