Some 11 Australian asset managers have been highlighted by Morningstar as receiving a low ranking for their ESG commitments, while one has received the highest score.

The investing app has launched its US Investing service, previously announced in July, which will allow Australian investors access to a selection of US-listed ETFs and stocks.

Janus Henderson has launched an emerging markets equity fund for Australian investors.

IMAP’s census of managed account FUM has risen by 9.8 per cent to $161.9 billion in the first six months of 2023.

In its first FUM update since releasing its full-year results, Magellan has announced its retail and institutional flows during August.

ASIC has taken aim at distributors of over-the-counter derivatives after a review found improvements are needed in how they meet design and distribution obligations, having already issued 10 interim stop orders.