In its half-yearly results, Netwealth’s FUA has risen to $78 billion with net inflows of $9.5 billion, largely underpinned by a new cohort of financial advisers adopting the platform.

Diverger managing director, Nathan Jacobsen, is expected to depart once the firm merges with Count next month.

HUB24’s underlying NPAT was $30.4 million in the first half of FY24, while the firm is expecting net inflows to double in the second half to reach a full-year record of $16 billion.

Bravura is seeking to be a market leader in digital advice as it focuses on rebuilding the business after a period of turbulence, with chief executive Andrew Russell admitting it is “not out the woods yet”.

In this latest Meet the Manager profile, Money Management speaks with Wilson Asset Management portfolio manager Matthew Haupt about Australian equities, the US presidential election, and the outlook for India.

Janus Henderson has made two new appointments, including a newly created role, to boost its presence with financial advisers and intermediaries in Australia and New Zealand.

Active and passive investment strategies have been battling for investors’ attention for many years, but the tough conditions in markets currently make a strong case for active taking up a greater share of portfolios, writes Louise Watson.