The gradual growth in investor appetite for equities has driven total flows upward of $48.3 billion in 2025, according to Morningstar research.
The Joint Accounting Groups say the DDO regime confers powers on ASIC which the regulator has failed to adequately use on MISs.
ASIC has yet to take action against auditors who handled Shield and First Guardian but a ANAO report suggests the regulator is not blameless.
Bell Asset Management has further broadened its investment offering by luring Tyndall’s small companies team.