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Showing 1031 - 1040 of 9270 results for "wealth"

Insignia Financial books $185m loss, halts dividends

JAMIE WILLIAMSON  |  THURSDAY, 22 AUG 2024
The costs associated with the wealth giant's transformation and increased remediation provisions have resulted in a $185.3 million net loss and the need to pause dividends as it undertakes a strategic review. Releasing its full-year results to the ASX ...

Minchin Moore merges with Brand Financial

ELIZA BAVIN  |  THURSDAY, 22 AUG 2024
... and regional manager for Queensland. Brand is the founder of Brand Financial and brings over two decades of expertise in wealth management and financial planning. Minchin Moore said his deep knowledge of the Queensland market and his commitment to client-focused ...

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 ...