From multiple fund launches and personnel changes to major outflows and a scrapped deal, Money Management has collated the most significant news in the funds management industry over the past 12 ...

ASIC has permanently banned a financial adviser after he allegedly concealed information from clients and misused client funds, among other breaches.

Two active fund managers have outshone rivals to report double-digit share price growth of more than 40 per cent for FY25, but another has lost more than 50 per cent.

Results are out for the latest sitting of the ASIC financial advice exam, with the pass rate falling for the second consecutive sitting.

ASIC has confirmed the industry funding levy for the 2024–25 financial year and how much licensees can expect to pay.

Private equity giant TA Associates has made a strategic investment of an undisclosed sum into a major Australian wealth and investment player.

The word "tariff" often sparks immediate fear in economic circles, conjuring images of the Smoot-Hawley Tariff Act of 1930 and the devastating ripple effects it had on the global economy. As the Trump ...

State Street has rebranded its State Street Global Advisors arm, which has US$4.6 trillion in assets under management, following a series of deals with financial services firms in recent months.

Going forwards, advisers’ use of platforms will be divided into those “core” offerings and “peripheral” ones, with those in the latter category facing an existential threat.

Advice licensee Count has seen an appeal filed to a class action against it which was dismissed earlier this year.

Northern Trust Asset Management (NTAM) has appointed a new head of international and responsible investing. Pedro Guazo will join in August with the dual mandate of leading the asset manager’s ...

Shaw and Partners chief executive, Earl Evans, has said the firm is seeking to double the assets under management at its latest New Zealand acquisition ISG, having made the “left field” decision to ...