Capgemini has identified how wealth management firms can boost their revenue after they report “substantial pressure” in the face of slower market growth and a challenging macroeconomic landscape.

Three of Australia’s largest licensees saw growth in their financial advice numbers over the past week, despite an overall double-digit decline across the wider industry for the second week.

ASIC has cancelled the AFS licence of a Sydney wealth firm, the fifth Sydney firm to see a cancellation since the start of
the year.

There have been four major deals in the private markets space since March as asset managers look to capitalise on the rapid growth in demand for alternatives.

Funds under management at Magellan have returned to growth in May after a lull in April.

The corporate regulator has issued a warning that its logo is being misused to perpetuate a social media scam promoting fake investment.

In the latest episode of Relative Return, host Laura Dew chats with Manny Damianakis, head of sales at Global X, about the popularity of thematic ETFs and the benefits they offer advisers.