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22 October 2021 • By Maja Garaca Djurdjevic • 1 min read

Pinnacle backs OpenInvest’s 'home-grown' tech platform with $3m

Pinnacle is backing OpenInvest’s new “home-grown" technology platform roll out with $3 million. Pinnacle Investment Management has invested $3 ...

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IOOF announces name change

The restructure of IOOF following its acquisition of MLC will result in a name change to Insignia Financial. IOOF is poised for a rebrand to ...

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BT Panorama reports rise in FUA

The wealth platform recorded FUA growth during the latest quarter following the BT Wrap migration. BT Panorama has reported a 4 per cent increase ...

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Fiducian posts strong FUMAA growth in Q1

Fiducian's funds under management, advice and administration (FUMAA) hit $11 billion as at 30 September.  Fiducian experienced growth in FUMAA of ...

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Institutional investors to boost exposure to alternative assets

More than half of institutional investors and wealth managers expect a dramatic increase in diversification. Institutional investors are set to ...

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Fintechs struggle to find the right investors as capital raisings soar

Over half of fintechs say they are struggling to find suitable investors. Fintechs have declared finding the right investors as their biggest ...

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Senate inquiry proposes laws to turn Australia into leading digital economy

Senator Bragg’s proposed market licensing regime for digital currency exchanges has been met with a welcome reception. The Senate select committee ...

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AMP Capital AUM drops again by over $7 billion

AMP Capital’s assets under management (AUM) have taken a slight hit in its Q3 2021 results, primarily due to a large increase in net cash outflows

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MA Financial Group upgrades earnings guidance

The upgrade was driven by continued momentum in the financial services group. MA Financial Group has upgraded its earnings guidance for FY21 on the ...

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More than half of investment managers are adopting defensive positions

A new survey from Citi shows how investors are responding to a range of macro and micro risks. Over 50 per cent of investment managers are adopting ...

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