Momentum Markets expands its presence in financial services

Momentum Markets (www.momentummarkets.com.au) has confirmed the acquisition of leading financial media platforms Money Management and Super Review, and all associated events, websites and other assets, from FE fundinfo (www.fefundinfo. com) based in the UK.

Money Management and Super Review are Australia’s oldest media brands for the financial services industry.

Created in 1988, they are universally recognized as essential reading for all financial planners, fund managers, pension and investment industry professionals.

The acquisition marks a significant milestone for Momentum Markets and its wholly-owned subsidiary Momentum Media (www.momentummedia.com.au) – Australia’s leading media and business events company, and the company behind ifa .

Momentum Media is already a powerhouse in the financial services industry. InvestorDaily (www.investordaily.com.au), IFA (www.ifa.com.au) and SMSF Adviser (www.smsfadviser.com) have led the industry for more than a decade since their acquisition from Morningstar.

The newly acquired media platforms will also bolster Momentum’s other financial services media assets, including Risk Adviser, Fintech Business and Adviser Innovation.

According to Alex Whitlock, Director of Momentum Markets, the acquisition of these trusted media platforms further strengthens Momentum as the central hub of market intelligence and analysis for the Australian financial services industry – including investment managers. funds, the superannuation industry and the financial advisory community.

“The integrated portfolio of media assets now spans the breadth of the Australian financial services sector, and we look forward to expanding our role as a provider of news, content, events, insights and insights. to support the growth and diversification of the sector,” he said.

“As the new custodians of Money Management and Super Review, we will not only ensure the continuity of more than 35 years of delivering the trusted news and information the brands are known for, we will also ensure they drive their growth by leveraging of our particular talents in the media.”

Born out of the stock market crash of 1987 and originally part of the Fairfax stable of publications, Money Management and the interconnected Super Review have been the hallmark of excellence in financial journalism, breaking many stories that have contributed to shape robust financial services. sector that Australia has today.

The acquisition includes all associated event brands, including the Fund Manager of the Year awards, a program that is also 35 years old, and the Super Fund of the Year awards.

“We have ambitious plans for Money Management and Super Review as part of our financial services business, which will be bolstered by an ongoing partnership with FE fundinfo – a leading research and data provider for the Australian wealth sector.

As part of the acquisition, Momentum has selected FE fundinfo as its preferred provider of fund information for its entire range of financial services, including powering Money Management’s investment center.

“This privileged partnership will help ensure that advisors and their clients are connected to market information to make better investment decisions, backed by credible quantitative research,” said Mr. Whitlock.

FE fundinfo said Momentum was the ideal company to drive the growth of Money Management and Super Review and looked forward to entering into an expansive relationship focused on supporting the Australian financial services industry.

“The marriage of quantitative research and data, areas in which FE fundinfo excels, with content, analysis and interpretation, areas in which Momentum has unique expertise in the Australian market, will ensure growth and steady expansion of Money Management and Super Review,” Hamish said. Purdey, CEO of FE fundinfo.

Momentum Markets expands its presence in financial services

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Last update: September 21, 2022

Posted: September 21, 2022

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