Market Intelligence Articles

European assets under management (AUM) fell by 0.3% for the second consequent month in March 2023 and ended at €11.8 trillion. In the last six months however, AUM has increased by 2.5%.

Investment fund assets in Asia rose to US$4.8 trillion in March 2023. Over the last six months, the Asian funds industry has grown by 8.1%.

• Zurich Evolve health program launched

• Invest Blue and Lumiant launch digital advice platform

• HCF in civil proceedings with ASIC

• AMP Group companies to pay $24 million for charging dead clients fees

A new Vanguard study shows that having a financial plan and access to advice drives confidence in retirees.

• UBS unveils leadership team

• SuperFriend appoints deputy chair, director

• CareSuper welcomes investment implementation manager

• Rest appoints credit mandates specialist

• Aware Super appoints private equity portfolio manager

• Qantas Super welcomes deputy investment head

• Praemium appoints chief technology officer

• Perpetual farewells portfolio manager, two other promoted

• HESTA welcomes new director

• Capital Investment Partners AFS licence cancelled

• AustralianSuper refunding $70 million from duplicate accounts

• Class action against IG Markets in CFD trading

• Ord Minnet fined $880,000 for buy-back blunder

• VanEck introduces US bond ETF

• Mine Super closing one Choice option

• BetaShares launch global shares ETF

• Dalton Street fund shuttering

• State Street launches carbon asset service