MM Newsletter
23 Aug 2023
Latest News
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Prime Financial signals ‘acceleration mode’ with $100m revenue target

The firm has announced revenue growth of almost 30 per cent to $33.7 million in its annual results and will be seeking to reach $100 million by 2030, doubling its previous target.

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Former Sydney adviser has assets frozen amid ASIC investigation

ASIC has commenced “urgent proceedings” in the Federal Court of a former Sydney financial adviser amid an investigation regarding fees charged to client super funds.

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Key themes and stock ideas from Alphinity’s recent travels
Alphinity Global recently visited Nvidia’s headquarters, trialled Epiroc’s drill, and tested Intuitive Surgical’s machines, gaining valuable insights on global earnings leaders for their portfolios.
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HUB24 targets $100bn platform FUA

HUB24 is targeting platform funds under administration of up to $100 billion by FY25 as it looks to build the ‘platform of tomorrow’.

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Bravura appoints global head of product and CCO

Bravura has appointed Greg Johnson as global head of product, just days after appointing Shezad Okhai as chief commercial officer.

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Tides turn for gender financial equality in the June quarter

After two consecutive quarters in decline, the Financy Women’s Index has improved, helped by the number of women appointed to ASX 200 boards.

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JPMAM launches two ETFs on Cboe

J.P. Morgan Asset Management will launch two active ETFs focused on fixed income and emerging markets on the Cboe Australia exchange.

Expert Analysis
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Choice super options put to the test: what advisers need to know

The annual superannuation performance test results are just days away and some Choice options will also be under the microscope for the first time, writes Craig Day.

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