Latest News | Money Management
3 days ago · 6 November, 2024. Magellan FUM flat as firm launches 2 funds. Funds under management at Magellan Financial Group were unchanged in October as the firm launched its first two funds with Vinva Investment Management.... Read more. Funds management. 3 October, 2024. Magellan adds to Airlie portfolio management team.
Super fund or adviser: Where do retirees turn for help?
May 28, 2024 · The research highlighted that 45 per cent of retirees turn to their adviser for information on their investments and super. Meanwhile, 37 per cent of retirees seek support from their super provider. However, these statistics differed for pre-retirees. The majority (51 per cent) of this cohort go to their super provider for education, while 42 ...
News - Money Management
Platform v adviser: Who decides on product selection? With multiple funds seeing assets frozen, three platforms have shared with Money Management how they guard against holding a troubled product and how much responsibility ... Financial planning.
How did Aussie fund managers fare in FY24? | Money Management
Sep 9, 2024 · There were several Australian fund managers exhibiting the results of their turnaround efforts in FY24, while others still have a way to go to recover their previous best. Pinnacle Investment Management. The first firm to report its results, on 2 August, said its total funds under management (FUM) were $110.1 billion, up from $91.9 billion a ...
Putting the income back in fixed income | Money Management
Aug 28, 2024 · Currently, Australian investors hold around 14 per cent of their portfolio in bonds compared to 30–40 per cent by investors overseas. “Investors, all of a sudden, are drawn to fixed income because the income really is back in fixed income. We’ve seen rising interest rates in the last couple of years, and it looks like in Australia that ...
Aussie wealth management amounts to $3.06t
Aug 18, 2021 · Aussie wealth management amounts to $3.06t. The wealth management has seen an increase of $266 billion during the financial year 2020-21 despite the overall share in the financial services market declining by 0.9% points, according to Roy Morgan. The sector accounted for over a quarter of the entire financial services market in Australia and ...
Financial planning - Money Management
Specialist network an ‘absolute must’ for advisers. Over 70 per cent of financial advisers are regularly working with other specialists in tax, aged care and estate planning, according to Viridian, to meet increasingly com... INDUSTRY NEWS.
Aussies overestimating funds needed for comfortable retirement
Apr 24, 2024 · Colonial First State (CFS) research has highlighted how much advised and unadvised Australians believe they will need to retire comfortably. The investment firm’s Rethinking Retirement Report 2024, surveying over 2,200 Australians including 430 retirees, revealed how much Australians expect they will need to retire with.
wealth management | Money Management
The 2 factors driving wealth management M&A boom. The wealth management sector is bucking the global trend of declining M&A and two industry-specific factors could mean it sees a further uptick in 2025, according to Delo... Financial planning.
funds - Money Management
Lazard Asset Management has reduced the management fee on two of its Australian equity funds for institutional and retail clients....