Fixed income ETFs have attracted the most cashflow of any asset class in the first half of 2023, following the asset class’s worst performance in decades last year, according to research.

Bouncing back from regulatory action last month, Spaceship has secured additional funding from two major shareholders towards new offerings and the expansion of its existing operations.

Advice Intelligence has been acquired by global wealth management fintech firm, GBST.

Fidelity is betting on gains for insurance firms in its Australian equity portfolios, at the expense of the big four banks.

ASIC has lodged civil penalty proceedings in the Federal Court against Vanguard Investments Australia for alleged greenwashing, having previously issued the asset manager with three infringement notices last December.

Pengana Capital has appointed Mercer as an investment adviser on the portfolio construction for its new private credit arm.

It could make sense for Australian wholesale investors to include corporate bonds in portfolios, with the traditional role of bonds re-emerging in 2023, writes Bruce Murphy.