Over the same period, the levy for advisers has risen from $24.1 million in FY25 to $78 million in FY26 and is set to reach an expected $120 million in FY27, with 90 per cent of complaints to the CSLR ...

Lewthwaite suggested Macquarie’s Global Yield Maximiser Active ETF which invests in high yield and leveraged credit between BBB-B. Launched this February, this ETF invests in high yielding fixed ...

Jessica Tan, head of Americas for global product solutions at BlackRock, said: “Active ETFs have seen tremendous growth. In 2019, active ETFs made up 2 per cent of the market and today, they make up 9 ...

Like when you sell an investment property or a regular company share, selling an ETF on the ASX can result in capital gains tax. That means you need to keep records of your purchases and sales. This ...

Overall net inflows for the month across the industry were $3.8 billion which pushed total funds under management to $273.7 billion. Speaking to Money Management last month, JPMAM’s global head of ...

As well as Restall’s promotion, Giulia Siccardo has been appointed as managing director and regional leader for Quinbrook’s North American division, joining from the US Department of Energy in ...

Licensee Centrepoint Alliance has completed the acquisition of Brighter Super’s annual review service advice book. The deal with the Queensland superannuation fund was executed via Financial Advice ...

Australian fund managers are actively seeking to launch Cayman versions of their funds, according to a lawyer, as they seek to maximise assets from overseas investors. These Cayman vehicles, ...

The corporate regulator has launched Federal Court proceedings to appoint receivers to the responsible entity for three managed investment schemes with around 600 retail investors. ASIC announced on ...

To unpack this further, three recruiters have shared with Money Management the benefits and disadvantages of hiring a candidate from overseas. The benefits of hiring an overseas candidate include ...

Just days after the last of its advisers officially exited the FAR, ASIC announced it has cancelled the licence of an AFSL caught up in the Shield and First Guardian collapses. ASIC has cancelled the ...

Natixis flagged this optimism at their expected returns is at odds with individuals’ risk tolerance, with 83 per cent of investors globally describing themselves as “conservative” or “moderate” ...