02/19/2021

Netwealth cash margin could squeeze

With bank profits recently under pressure and limited competition for deposits, the risk of ANZ renegotiating the cash rate +95bps they paid NWL is rising.

02/19/2021

FNZ continues fight over blocked merger

FNZ has defended its position and why the deal should go ahead after the Competition Appeal Tribunal referred the matter back to the CMA so it could reconsider its decision.

02/17/2021

Netwealth boosts profit, FUA

The average account size increased to $440,000 as at 31 December 2020, with the average annualised platform revenue per account increasing 6.5% to $1666.

02/16/2021

Silicon Valley wealth adviser Iconiq sets up European outpost

The San Francisco-based firm, which has about US$54 billion in assets under management, has backed companies including Snowflake, which went public in September, as well as Robinhood Markets and Epic Games, the creator of Fortnite.