Money Management

Coastal Advisory secures Brisbane base with M&A deals

Coastal Advisory Australia has acquired two Brisbane-based advice firms, Capital Focused and True Journey Financial Planning, solidifying its foothold in Queensland. Founded in 2001 and based in ...
Money Management

Boutique fund manager nabs super mandate

Merlon Capital Partners has been awarded an Australian equities mandate from industry fund Prime Super. The industry fund will utilise Merlon’s Concentrated Australian Share strategy, which focuses on ...
Money Management

Three Sydney advisory firms back Arcpoint OCIO

Its first three mandates come from ek Private Advisory, Capella Advisory, and United Advisory. ek is a private client advisory firm, Capella is a multi-practice licensee, and United Advisory is an ...
Money Management

Scaling without sacrifice in today’s practice market

As the advice industry reaches an inflection point in M&A and consolidation in its search for scale, research suggests that using the old ‘growth for growth’s sake’ strategy will only increase ...
Money Management

Capstone unveils self-licensing services venture

Capstone Financial Planning has opened the doors on a new venture, CapBack Licensee Solutions, as an offshoot of the business focused on supporting self-licensed practices. CapBack is a comprehensive ...
Money Management

Timing right for Aussie government bond ETFs

Pitcher Partners has argued its case for Australian government bond ETFs as faith in the asset class waivers after disappointing performance in the post-COVID era. The shine has come off government ...
Money Management

Adviser sentiment on the rise but admin remains a bugbear

Over two-thirds of advisers are confident their advice business will remain stable in the year ahead, according to CoreData. The research firm said confidence was already on a upward trend with ...
Money Management

AZ NGA backs regional NSW advice firm

Advice platform AZ NGA has entered a partnership with Back to Back Financial Planners (B2B), using its first deal of the year to extend its reach in regional New South Wales. Founded in 1990 by ...
Money Management

Australian Ethical launches private markets wholesale fund

The fund has received Australian Government backing via the Clean Energy Finance Corporation (CEFC) with a cornerstone commitment up to $125 million, alongside a $500 million seed investment from ...
Money Management

The biggest ETF launches of Q1

The Silver Miners ETF (SLVM) will provide access to a global portfolio of companies across the exploration, mining and production of silver, benchmarked against the Solactive Global Silver Miners Net ...
Money Management

Russell Investments completes Zurich IM acquisition

The deal was first announced in January and provides a $2 billion boost to Russell’s retail and wealth funds under management (FUM), pushing it to $11 billion. The Zurich suite of funds will be ...
Money Management

Avantis moves active ETFs over to ASX

Last September, the firm launched three active ETFs in Australia on Cboe; Avantis Small Cap Value Active ETF (AVSV), Avantis Global Equity Active ETF (AVNG) and Avantis Emerging Markets Equity Active ...