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MM Newsletter
17 Dec 2024
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Latest News
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Financial planning
Where could be the next M&A target in 2025?

Experts believe rival licensee AMP and technology software firms could be next on the list for private equity firms looking to enter the Australian market.

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Funds management
Insignia Financial appoints MLC &
OnePath custodian

The Australian wealth management firm has named a custodian for its MLC and OnePath businesses following an extensive tender process.

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Financial planning
E&P moves to non-executive board

E&P Financial Group has announced director Tony Johnson will move into a non-executive capacity next year, meaning chief executive Ben Keeble will be the only executive remaining on the board.

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People & Products
Firetrail’s investment strategy head Doyle among 4 to exit

Firetrail Investments has confirmed the departure of four executives over the last quarter, including head of investment strategy Anthony Doyle.

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Financial planning
ASIC confirms finalised industry funding levy

ASIC has announced its finalised industry funding levy, detailing how much licensees will have to pay for the 2023–24 financial year and how it compares to original estimates.

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Funds management
‘The love of the game’ for former
Magellan managers

Former Magellan managers Kris Webster and Michael Poulsen have shared their learnings from setting up and running their own boutique fund manager, Canopy Investors, this year.

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Funds management
Asian asset manager makes acquisition to support Australian private credit business

Global real asset manager CapitaLand Investment has announced a key acquisition from Wingate as part of its growth strategy in Australia.

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Funds management
International equities lead the charge in November ETF flows

November proved to be a standout month for international equities, with these ETFs witnessing nearly double the flows of the next closest category.

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Feature
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Features
Count’s Humphrey on leading the new world
of advice

Count CEO Hugh Humphrey is keen for the firm to be a leader in the new world of advice as the industry generates valuable businesses post-Hayne royal commission.

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