Where could be the next M&A target in 2025?; Insignia Financial appoints MLC & OnePath custodian

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.

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

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.

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

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.

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.

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

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

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.