MM Newsletter
06 Apr 2023
Latest News
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How many more adviser departures could the industry see?

Data from the latest Adviser Ratings’ Landscape Report of adviser sentiment has found there could still be thousands more exits over the next few years as a question mark hangs over the experience pathway.

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Magellan Aussie equity FUM falls by a third

Magellan has seen funds under management fall to $43.2 billion with Australian equities falling by a third.

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UBS tipped to re-enter Australian wealth space

The firm’s emergency rescue of Credit Suisse could mark its return to wealth management in Australia.

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Spark Financial launches digital investing solution

The newly launched digital investment portfolio solution, Spark Invest, will see all profits from its management fees directed to charitable benefactors.

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Maple-Brown Abbott rebrands Responsible Investment fund

Maple-Brown Abbott has changed the screening process for its $35 million Responsible Investment fund to allow a greater focus on sustainability, renaming it the Australian Sustainable Future Fund.

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Global X announces US corporate bond ETF

Leaning into the growing demand for fixed income assets, Global X has launched a new exchange traded fund that will help Australian investors tap into the US corporate bond market.

Expert Analysis
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Why digital is key to dealer groups’ adviser proposition

Dealer groups that win the adviser relationship will be those that place digital at the centre of their adviser value proposition, according to Midwinter.

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