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MM Newsletter
03 Dec 2024
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Latest News
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Financial planning
‘Like winning the Grand Final’: Entireti’s Younger on AMP deal completion

Entireti chief executive Neil Younger has shared the responsibility and privilege he feels as the head of Australia’s largest advice licensee, and how he aims to prevent attrition as it integrates AMP advisers.

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Financial planning
AFCA and FAAA at odds over causes of
industry failure

The FAAA and AFCA are in disagreement regarding how much of an industry collapse, such as Dixon Advisory, relates to product failure and how much relates to advice.

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Promoted Content
The Role of Cash

With yields at their highest levels in over a decade, cash is once again gaining prominence as an asset class.

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Funds management
Asset managers vie for slice of robo-advice pie

Global asset managers are seeking out acquisitions and strategic partnerships in the area of technology and robo-advice to benefit from an evolving wealth management landscape and futureproof their business.

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Funds management
Magellan debuts first long-short product

Magellan has announced the launch of its first long-short product, its third fund arising from its strategic partnership with Vinva Investment Management.

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Financial planning
Netwealth passes $100bn FUA milestone

Two months after reporting its highest-ever quarterly growth, Netwealth announced it has passed $100 billion in funds under administration.

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Financial planning
Entireti unveils leadership team as AMP divestment completes

AMP expects to make a $36 million loss from its advice divestment, while Entireti has announced a new senior leadership structure as the deal completes.

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Funds management
Aussie managers bring 2 equity funds to market

OC Funds Management and PAN-Tribal Asset Management have both launched equity funds, investing in Australian mid-caps and global equities, respectively.

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Funds management
Gender diversity improves in portfolio management, analyst roles

An FSC report found female representation in portfolio management and analyst roles has improved in 2024 amid diversity efforts, although the figure dipped drastically for C-suite positions.

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Feature
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Features
‘Winner of hearts and minds’: Choosing the right fund manager successor

Money Management explores what is needed for a successful fund manager succession plan as a generation of managers approach retirement and how firms can mitigate the risk of outflows.

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