ASIC takes action on two Qld AFSLs; Winners of the Fund Manager of the Year Awards 2024 revealed

The corporate regulator has made a suspension and a cancellation of the Australian financial services licence on two Queensland-based firms.

More than 20 winners from the funds management industry have been crowned at this year’s awards.

With yields at their highest levels in over a decade, cash is gaining prominence as an asset class that can help investors navigate the uncertain macro outlook.

Appearing before the Senate economics committee, WT Financial managing director Keith Cullen has described the first tranche of QAR legislation as a “ticking time bomb” in its current form.

Licensees are figuring out how to navigate the annual superannuation performance test to avoid any clients being stuck in affected funds and whether they need to start running their own internal tests.

Infrastructure is one of the backbones of economic prosperity and societal well-being, and here, in the 21st century, it has never been more crucial.

Ausbil Investment Management has announced a restructure of its Australian equities team as its co-head departs after 23 years.

Marking a departure from April’s muted inflows, the ETF industry reported the highest level of monthly inflows for the year so far during May at $2 billion.

In this episode of Relative Return, host Laura Dew speaks with Mischa Bennett, managing director of Capital Executive Search, to dig into the intricacies of fund management recruitment.