5+ hour, 10+ min ago   (330+ words) Pinnacle affiliate Antipodes Partners will acquire 100 per cent of Bennelong Funds Management Group while 4D Infrastructure will join Perennial Partners. Antipodes has now signed a binding agreement with Bangarra Group, the owner of Bennelong. The transaction is expected to be completed…...

18+ hour, 6+ min ago   (436+ words) Esencia Wealth has merged with Generation Wealth Partners, a Sydney advice practice specialising in high-net-worth clients. The merger brings principals Peter Lee and Joe Jutrisa to Esencia Wealth, both joining as partners and senior financial advisers. Being part of a…...

1+ day, 20+ min ago   (518+ words) The growth of ETFs is sitting parallel with growth in managed funds in Australia, a trend contrary to ones seen in the US and Europe. The latest MSCI ETF Survey questioned 75 investment professionals and found 73 per cent of respondents want…...

18+ hour, 56+ min ago   (433+ words) Franklin Templeton has appointed a new manager to run its Franklin Global Growth Fund and active ETF which it says will result in a “substantial repositioning” of the portfolio. The appointment of Putnam, an affiliate of Franklin Templeton, brings about…...

1+ day, 4+ hour ago   (390+ words) ETF Shares has launched two currency-hedged ETFs focused on US technology on the ASX. The ETFS Magnificent 7+ Currency Hedged ETF (HULK) and the ETFS US Technology Currency Hedged ETF (HTTP) will list on the ASX from 15 September. The ETFS US…...

2+ day, 6+ hour ago   (427+ words) Australians are becoming more comfortable using AI for financial information, but professional financial advisers remain more trusted for major financial decisions, according to new TAL research. More than three million Australians are already using AI to help manage financial activity,…...

2+ day, 7+ hour ago   (514+ words) Advisers should not necessarily view the gating of a private credit fund as a bad thing, according to Morningstar and HarbourVest, with funds using a greater number of liquidity mechanisms than many would expect. A private credit report by Morningstar,…...

2+ day, 10+ hour ago   (383+ words) Russell Investments is launching two new retirement solutions on CFS Edge as more Australians move into retirement, and life expectancy lifts. The investment firm points to “competing needs” for individuals between having to plan for longer lives and accessing money…...

2+ day, 9+ hour ago   (403+ words) The new team will initially consist of three professionals, including Kim Nguyen as an investment director, and an unnamed investment manager and investment analyst. Nguyen most recently served as executive director, investments at the NSW Government’s Energy Security Corporation and…...

5+ day, 9+ hour ago   (343+ words) The number of ETFs available in Australia has surpassed 500 after 11 were added in August, according to Betashares. The product volume now stands at a total of 505 ETFs after 11 ETFs were launched during the month. Launches during August included State Street’s…...