CFM unveils long-term trend-following trust


Capital Fund Management (CFM) has launched a diversified and long-term trend-following trust, the CFM IS Trends Trust, with the alternative investment strategies firm saying demand was soaring for that type of produc.. Read More

CommSec, CFS offer new platform


CommSec Adviser Services and Colonial First State (CFS) have joined forces to develop a new platform for financial advisers to manage a range of client investments across listed securities and managed funds. Th.. Read More

AZ NGA acquires FHM


AZ Next Generation Advisory (AZ NGA) has announced its 31st practice acquisition, purchasing Sydney financial planning firm Farrow Hughes Mulcahy (FHM) Financial Services. In a statement, the group said the deal.. Read More

ARFP and CCIV to boost local fund managers


The Financial Services Council (FSC) has welcomed the government’s draft legislation about establishing a new Corporate Collective Investment Vehicle (CCIV) structure to facilitate further foreign investment in.. Read More

Mortgage Choice FP posts first profit


The financial planning arm of mortgage broking group Mortgage Choice has posted its first full year profit, delivering gross revenue of more than $10 million for the 2017 financial year after the company announced it.. Read More

Opinion – Drown out the ‘noise’ with advice benefits


We often hear, and quote ourselves, the statistic that only one in five Australians currently receive financial advice. It’s long been a statistic in the industry, and was more recently validated in Investment .. Read More

Diversification drives Perpetual profit jump


Perpetual has delivered a 4 per cent increase in statutory net profit after tax (NPAT) for the year ended 30 June 2017, with revenue also up by 4 per cent. In its annual results announcement yesterday the group.. Read More

Advisers insourcing funds management


Financial advisers were increasingly choosing to take client investment decisions into their own hands in order to justify increasing fees as a result of regulatory change and retain clients being lured by low-cost r.. Read More

Sonata sales underpin robust Bravura results


Listed wealth software firm Bravura Solutions has posted strong financial results for the 2017 financial year, with group revenue rising to $191.9 million and wealth management revenue reaching $122.7 million in 201.. Read More

Disruption offers significant returns


Investing in disruptive innovation, including blockchain technology, autonomous vehicles and artificial intelligence, could yield Australian investors returns that significantly outstripped traditional growth-focused.. Read More

EFP adds new practice


Melbourne advice firm Prognosis Wealth Management has joined Elders Financial Planning (EFP), becoming the eighteenth practice to join the dealer group in the past year. In a statement, EFP said Prognosis, heade.. Read More

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