Laura Dew

5 days ago | investordaily.com.au | Laura Dew

04 June 2025 12:26 PM By Laura Dew 5 minute read Facebook X LinkedIn Copy link Schroders has listed an active ETF on the ASX while reducing fees and distribution frequency on another. The Schroder Global Core Active ETF listed on the ASX on 4 June and is designed to target outperformance of the MSCI World ex Australia ex Tobacco Index.

5 days ago | moneymanagement.com.au | Laura Dew

Perpetual has appointed a head of credit and fixed income as managing director Michael Korber retires after more than 20 years with the firm. Vivek Prabhu will lead the team from 1 July, promoted from his current role as head of fixed income which he has held since 2016. He will remain as the fund manager of the Perpetual Diversified Income, Credit Income and ESG Credit Income funds. The credit and fixed income team collectively manages more than $8 billion in assets under management.

5 days ago | moneymanagement.com.au | Laura Dew

An active ETF run by InvestSMART is changing its mandate to include exposure to global equities as it believes growth opportunities have become limited to find Australia. From 1 July, InvestSMART’s Intelligent Investor Australian Equity Growth Fund - Active ETF will now be able to invest up to 30 per cent of its net asset value in global shares, primarily those in the US. This will see the ETF change its name to Intelligent Investor Equity Growth Fund.

5 days ago | moneymanagement.com.au | Laura Dew

AUSIEX has completed its acquisition of fixed income provider FIIG Holdings. The firm has acquired 100 per cent of FIIG’s issued shares, making it a wholly owned subsidiary of AUSIEX and finalising a deal previously announced to the market last month. Now the deal is complete, AUSIEX said it intends for the firm to “expand the range of products offered and provide services that meet a wider range of needs of institutions, family offices, financial advisers, high-net-worth and wholesale investors”.

6 days ago | moneymanagement.com.au | Laura Dew

With LGT Crestone completing its acquisition of CBA’s advice firm, Money Management details the M&A activities of the second quarter so far. LGT Crestone confirmed this week that it had completed the acquisition of Commonwealth Bank’s high-net-worth financial advisory business. This brought across some $5 billion in assets under advice to LGT Crestone which brought its total to $40 billion and 138 advisers.