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Financial Planning

AXA buys Challenger's Genesys

BY RUTH LIEW | WEDNESDAY, 4 JUN 2008 12:43PM

AXA's influence in Australia's financial advice industry is set to escalate with today's $150 million purchase of Challenger's financial planning business Genesys Wealth Advisers and proprietary platform Synergy.

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Editor's Choice

AIA snags Acenda head of products

MATTHEW WAI | 12:01PM

AIA Australia has welcomed a new head of partnerships, who joined from Acenda after leaving the firm in March.

Praemium chief exits amid leadership renewal

RIDDHIMA TALWANI | 11:03AM

Praemium is reshuffling its top leadership to refresh its strategy, keeping the same goals but with "faster pace, better execution and increased focus on customers".

ASIC lifts stop orders against Remara

RIDDHIMA TALWANI | 12:25PM

ASIC has lifted three interim stop orders against Remara Investment Management's private credit products, after it amended its target market determination (TMD).

Brookfield-owned Oaktree raises US$2bn for private credit fund

RIDDHIMA TALWANI | 11:46AM

Brookfield-owned Oaktree has achieved its target fund raise of US$2 billion for its Asset-Backed Financial Fund.

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