Fund managers may be strapped for cash in a squeezed operating environment, but they are willing to pay up for specialist talent to diversify their fund range.
The latest recruitment guide from financial services recruiter Keegan Adams found growth is becoming challenging for asset managers as they struggle to raise capital and face higher compliance and regulatory costs.
They are also…
The Australian Financial Complaints Authority (AFCA) has confirmed United Global Capital’s (UGC) membership will not be extended to accept further complaints, avoiding a repeat of the Dixon Advisory scenario.
In its April meeting, the AFCA board resolved to expel UGC as a member as of 5pm AEST on 31 May 2025.
“From that time, AFCA will not be able to accept any new complaints about UGC….
Barings has appointed a former Zenith sales head as it seeks to expand its reach in the Australian wealth management market.
John Nicoll has taken up the newly created position of sales director at the global investment manager, which has more than US$421 billion ($673 billion) in assets under management, as of 31 December 2024.
In the Melbourne-based role, he will oversee the development and…
In this week’s episode of Relative Return Unplugged, AMP chief economist Shane Oliver joins the show to unravel the web of tariffs that US President Donald Trump launched on trading partners and take a look at the way global economies are likely to be impacted.
The so-called Liberation Day has shaken up the conventions of international trade, and how affected nations respond will go a long…
Lower fees and trustworthiness are the top factors enticing unadvised Australians to seek a financial adviser, according to Fidelity International.
The firm’s Next Generation research, surveying over 1,000 Australians aged between 18 and 59 years old, assessed the top considerations driving individuals’ likelihood to engage with an adviser.
Lower fees was cited by 61 per cent of…