ASIC’s FY25 annual report has detailed that it had commenced 252 formal investigations during the year, alongside 829 surveillances. Outgoing ASIC chair Joe Longo said that investments in the agency’s ...

Advised investors switched out some of their blue-chip stocks for ETFs in September, according to the latest AUSIEX trading data. The monthly statistics showed that Betashares US Equities Strong Bear ...

Fidelity International has appointed Thomas Taw to the newly created role of head of ETF distribution for APAC, joining from a decade at BlackRock. Based in Hong Kong, he will be responsible for ETF ...

Advice firm Apt Wealth Partners has appointed Andrew Dunbar as CEO to lead the firm in its next growth phase, while former CEO James McGregor will step up as executive chair to focus on M&A plans.

Up to 20 per cent of wealth and asset managers are set to be acquired by 2029, according to Morgan Stanley, with focus expected to move to ‘inter-sector’ deals between industries. The firm’s report, ...

ASIC has canceled the AFSL of Sydney-based asset consultant and research firm. CPG Research & Advisory, which operated in the Sydney CBD, saw its AFSL cancelled after ASIC became aware that CPG had ...

Private wealth firm Escala Partners is seeking to become a leading player in the Australian advice landscape, helped by backing from US player Focus Financial. It was announced in July that private ...

ASIC has banned the former CEO of Lighthouse Partners from providing financial services for 10 years after failing to report fees for no service conduct, the second individual banning from this firm.

Netwealth has reported record quarterly net flows to managed accounts in the September quarter, along with strong growth in total funds under administration (FUA) on the platform over this period. In ...

A “large dependency” on research houses, poor performance indicators, and a failure to close underperforming options are among platform trustee problems flagged by APRA. On 7 October, APRA issued a ...

Avantis Investors has launched its first ETFs in the Australian market, backed by American Century Investments. These dual-access active ETFs will cover global equities, global small-cap equities and ...

ETF provider Global X has expanded its GARP ETF range with the launch of a vehicle focusing on Australian equities. The Global X S&P Australia GARP ETF (GRPA) will target 50 leading local companies ...