Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1031 - 1040 of 9268 results for "Wealth"

Perpetual names new chief executive

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2024
... goes on gardening leave and continues to work with the board to complete the sale of Perpetual Corporate Trust and the wealth management unit that will overhaul the firm into a standalone asset manager. Kohlberg Kravis Roberts (KKR) is set to acquire ...

Channel Capital launches European Private Credit Fund

ANDREW MCKEAN  |  TUESDAY, 20 AUG 2024
... trust that accesses Goldman Sachs Asset Management's European private credit strategy, which was introduced in offshore wealth markets late last year. The fund aims to deliver risk-adjusted returns through exposure to directly originated senior secured ...

HUB24 sees profits jump 15%

ELIZA BAVIN  |  TUESDAY, 20 AUG 2024
... number of advisers using the HUB24 platform increased 13% to 4525 with 142 new distribution agreements signed. "As the wealth industry continues to transform, HUB24 is uniquely positioned with combined group capabilities to capitalise on emerging opportunities ...

Iress earnings up 52% to $67m

ANDREW MCKEAN  |  MONDAY, 19 AUG 2024
... 12 months. However, excluding divested businesses, revenue rose 4% compared to 1H23. Revenue growth was seen in the APAC Wealth, Trading & Global Market Data, UK, Canadian and South African businesses, but there was a decline in revenue in Superannuation. ...

MLC Asset Management names director of institutional distribution

ANDREW MCKEAN  |  MONDAY, 19 AUG 2024
... distributing investment solutions across private and public markets, such as retail superannuation, financial advice, and private wealth. Anderson also served as head of strategic accounts at Schroders before leaving the investment manager earlier this ...

Bell Financial half-year profit soars 50%, revenue up

ANDREW MCKEAN  |  FRIDAY, 16 AUG 2024
... the prior corresponding period, while revenue rose to $138.7 million, up 18.3%. The diversified financial services and wealth management firm also reported that its Retail & Institutional broking business had strong growth, with revenue of $90.7 million ...

Local private debt funds' growth potential 'remains strong': Preqin

ANDREW MCKEAN  |  THURSDAY, 15 AUG 2024
... markets were once considered the domain of institutional asset owners, but new products are increasingly available to private wealth investors. "Once considered 'alternatives', we can see a time - as portfolios evolve - when private debt will be an extension ...

AIA bolsters executive team

ELIZA BAVIN  |  THURSDAY, 15 AUG 2024
... that we're always striving to provide an excellent claims experience for our customers and partners," Mu said. "With her wealth of expertise, and her proven ability to lead with a balance of head and heart, Tracey is a natural fit to be our new chief ...

Cost cutting returns Bravura to profit

KARREN VERGARA  |  WEDNESDAY, 14 AUG 2024
... to use and develop Bravura's Sonata software, paying a one-off licence fee of £29 million. Bravura currently provides wealth management technology and related services to Fidelity subsidiaries. The agreement means Fidelity will have a perpetual, non-exclusive ...

New mandate boosts JANA's wealth division

MATTHEW WAI  |  WEDNESDAY, 14 AUG 2024
... by a Melbourne advice firm to provide managed account consulting services. JANA announced a new agreement with Investor Wealth, providing consultancy and support services related to managed accounts, including model management. The announcement follows ...