Sequoia Financial Group has terminated the sale of the licensee to Conquest Investment Partners, citing post-signing developments that have made the deal no longer in the best interests of ...

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 ...

JANA Investment Advisers has appointed former Morningstar APAC chief investment officer (CIO), Matt Wacher, to the firm. Wacher will join JANA as CIO, strengthening the firm’s leadership as it ...

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 ...

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 ...

AMP’s North has released a Retirement Philosophy framework to help advisers assess and address the risks clients face in the post-work phase beyond just products. The Retirement Philosophy framework ...

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 ...

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 ...

The Third Link Growth Fund has named Zenith co-founder David Wright to its investment committee to bolster its governance and investment oversight capabilities. Wright has spent the bulk of his career ...

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 ...