Momentum Markets today confirmed that it has acquired leading financial media platforms money management and Great reviewas well as all related events, websites and other assets, of UK-based FE fundinfo.
money management and Great 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 an important milestone for Momentum Markets (www.momentummarkets.com.au) and its wholly-owned subsidiary Momentum Media (www.momentummedia.com.au) – Australia’s leading media and business events company. 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 new guardians of money management and Great reviewwe will not only ensure the continuity of more than 35 years of providing reliable news and information for which the brands are known, but we will also make sure to stimulate their growth by leveraging our particular talents in the media.
Born out of the 1987 stock market crash and originally part of the stable of Fairfax publications, money managementand the interconnected Great reviewhave been the hallmark of excellence in financial journalism, breaking many of the stories that have helped shape the robust financial services industry 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 to money management and Great review as part of our financial services business, which will be enhanced by an ongoing partnership with FE fundinfo (www.fefundinfo.com) – a leading provider of research and data for the wealth sector in Australia.
As part of the acquisition, Momentum has selected FE fundinfo as its preferred fund information provider for its entire suite of financial services, including powering money management 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 says Momentum is the ideal company to drive the growth of money management and Great review and looks forward to building a broader relationship focused on supporting the financial services industry in Australia.
“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 expansion regular money management and Great reviewsaid Hamish Purdey, CEO of FE fundinfo.