In a shifting landscape that includes limited advice models and a growing number of micro-AFSLs, business development managers face new challenges in connecting with advisers, according to Wealth Data.

The firm has announced a 55.6 per cent drop in EBITDA to $5.5 million, but remains determined in its strategic growth ambitions, with further acquisitions likely heading into FY24.

Five major platforms have reported significant growth in funds under administration in the last financial year and have carved out ambitious new targets moving forward.

APRA has announced 96 trustee directed products and one MySuper product failed to meet the benchmark of its 2023 superannuation performance test.

Zenith has identified various asset managers which have performed strongly and those which have struggled in the second quarter of this year.

In this episode of Relative Return, host Maja Garaca Djurdjevic chats to Gary Monaghan, investment director for Asian equities at Fidelity, about opportunities in Asia and the firm’s recent win at the Fund Manager of the Year Awards.