To better serve high-net-worth (HNW) clients, financial advisers require a broader range of specialist expertise to meet their complex needs, according to HUB24.
Over the past decade, private equity (PE) and venture capital (VC) in Australia have yielded an 18% return on investment compared to 9% for the ASX 100 and 8% for the ASX Small Ordinaries Index.
Macquarie Asset Management (MAM) has launched its first range of actively managed ETFs in Australia, offering a listed access point to its managed funds.
Wealth managers are increasingly demanding better ways to access and utilise data form their custodians and expect advances in artificial intelligence (AI) to make this possible, according to BNP Paribas.
State Street is reducing management fees on six of its SPDR exchange-traded funds (ETFs) following a pricing review, impacting almost 70% of the SPDR business’ total local assets under management (AUM).
Five female advisers have received $2000 each from the Council of Australian Life Insurers (CALI) as it looks to boost the number of women in risk advice.
State Street has rebranded for the first time in over five decades, saying its new look represents its “history of firsts”, with the branding unveiled alongside its new global headquarters.