ASIC has banned a former AFSL director after he failed to adequately address fees-for-no-service conduct by one of his firm’s representatives. Brendan Rodwell was a director at Crown Wealth Group, but ...

Passive ETFs are seeing stronger flows than their active counterparts despite the proliferation of active launches this year, according to Morningstar. In its Australian Asset Manager report for Q3 ...

Former CEO of Global X, Evan Metcalf, has taken up a new position at a specialist ETF provider. Metcalf worked at Global X ETFs Australia for a decade and was appointed as its CEO in September 2022 ...

Russell Investments has partnered with financial advice firm Invest Blue to launch the Cornerstone Private Markets Managed Portfolio, to expand private market access for Australian advised investors.

The experience of public markets can be viewed as a cautionary tale for private markets that growth may be strong currently, but the future could be less profitable and more operationally challenging, ...

Blackwattle Investment Partners has hired a trio from First Sentier Investors to run its first Equity Income Fund. Rudi Minbatiwala, Jason Moodie, and Marlon Chan have worked together for the past 17 ...

Ausbil is to expand its active ETF range with two launches, one focusing on global small caps and one on listed infrastructure. The firm launched its first active ETF in September, which was the ...

ASIC has canceled the AFSL of Sydney-based asset consultant and research firm. CPG Research & Advisory, which operated in the Sydney CBD, saw its AFSL cancelled after ASIC became aware that CPG had ...

ASIC’s FY25 annual report has detailed that it had commenced 252 formal investigations during the year, alongside 829 surveillances. Outgoing ASIC chair Joe Longo said that investments in the agency’s ...

Platform HUB24 has launched a client reporting solution to improve adviser reporting across custody and non-custody assets. The firm said it understood many advisers still manually report on ...

Chief distribution officer at Allianz Retire+ Brendon Rodda has departed after less than two years to take up a senior role at Generation Life. Rodda joins Generation Life effective immediately as ...

AMP has settled on two court proceedings: one class action which affected superannuation members and a second regarding insurer policies. In two separate ASX announcements on 15 September, the firm ...