Pinnacle has seen a return to inflows in the first half of FY2023–24 as funds under management surpass $100 billion for the first time.

Key performers emerging across Asia could see the region outperform the US market over the long term as a ‘growth de-synchronisation’ plays out, according to fund manager abrdn.

Perpetual saw $4.3 billion in outflows from its asset management division in the last quarter to 31 December, but market movement meant overall AUM increased.

Despite accounting for over 50 per cent of fund launches in 2023, active ETFs recorded approximately $1 billion in outflows last year, confirming investors’ preference for passive strategies.

Ethical asset manager Australian Ethical has expanded its product range with an infrastructure debt fund in association with specialist manager Infradebt.

JP Morgan Asset Management has announced a strategic partnership with wealth investment firm Craigs Investment Partners.