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20 June 2023 • By Keith Ford • 1 min read

ASIC warns of AI FOMO, flags regulation

ASIC chair Joe Longo says that with AI adoption surging in wholesale markets, there is a real danger that entities could rush too fast without proper ...

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Bravura CEO steps down

Libby Roy has departed the firm after less than a year as chief executive. Bravura has announced that Libby Roy will step down as CEO and managing ...

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Wrap platform providers slam YFYS test extension

The government has confirmed it will include Choice and superannuation wrap products in its performance test. In a statement on Friday, Financial ...

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Schroders Australia makes internal CEO appointment

Simon Doyle has taken on the dual role of CEO and CIO after more than 20 years at the firm. Schroders Australia has announced the appointment of ...

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ETF management fee reduction trend continues

Another ETF provider has joined the growing list of firms reducing their management fees. Effective 3 July, the management fees for both the VanEck ...

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Allianz Retire+ welcomes industry heavyweights to retirement advisory board

The firm has appointed three former chief executives to help drive innovation within the retirement sector. Allianz Retire+ has announced three new ...

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Former Lonsec CIO joins Fidelity

The firm has welcomed Lukasz de Pourbaix as global cross asset specialist, effective 19 June. Fidelity International has announced the appointment ...

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ESG terminology under fire: Fund manager calls for clearer comms 

According to a fund manager, the term ESG causes more confusion than it’s worth. There has been a lot of focus on ESG (environmental, social and ...

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Emerging markets outlook brightens, sparks ‘cautious optimism’

The near-term outlook for emerging markets has been revised to the upside, with sustained disinflation supporting valuations and driving portfolio ...

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Unprecedented wave of wealthy individuals set to flock to Australia in 2023

Australia is expected to welcome 5,200 high-net-worth individuals in 2023. A new Wealth Migration Report composed by Henley & Partners has ...

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