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Showing 1041 - 1050 of 9268 results for "Wealth"

Janus Henderson to buy private credit manager Victory Park Capital

ANDREW MCKEAN  |  TUESDAY, 13 AUG 2024
... long-standing partnerships with global institutional clients, including insurance companies, pensions, endowments, and sovereign wealth funds, will enhance Janus Henderson's position in the global institutional market. "In addition, Victory Park Capital's ...

How many advisers will Australia have in 2044?

KARREN VERGARA  |  TUESDAY, 13 AUG 2024
... numbers, core markets in retail superannuation and platforms appear to be growing. "Disintermediation and divestment by wealth managers continues to be the key themes in the financial advice space. This has an impact on the volume of funds under advice," ...

Acquisitions boost WT Financial Group results

KARREN VERGARA  |  TUESDAY, 13 AUG 2024
... 2023, WTL finalised its acquisition of Millennium3 Financial Services from Insignia Financial, paying $2 million. Some 75 wealth and personal risk insurance practices joined WTL, adding about $5 billion to funds under advice (FUA). The WTL advice networks ...

Vanguard, Betashares, iShares neck and neck in battle for inflows

ANDREW MCKEAN  |  MONDAY, 12 AUG 2024
... continuing and forecast growth in ETFs to reach $230 billion by year end. "Australian investors are allocating more of their wealth to ETFs, benefiting from a product that is cost-efficient, easy to trade, transparent and provides access to almost every ...

Iress snags Insignia Financial executive

ELIZABETH FRY  |  FRIDAY, 9 AUG 2024
... superannuation business, hiring from Insignia Financial. Sam Wall has over 25 years' experience in superannuation, investments, wealth and insurance, leading teams across product, advice, operations and technical services. He replaces Paul Giles ...

Australians urged to consider bequests amid $5.4tn wealth transfer

MATTHEW WAI  |  THURSDAY, 8 AUG 2024
... 3.7% ($7.6bn) in the UK, and 4.4% ($69bn) in the US. Pointing to Australia's economic landscape, NAB executive for private wealth Michael Saadie said the nation should consider contributing more. "Australia is a fortunate country with a strong economy ...

AMP sells advice licensees to Entireti, AZ NGA

JAMIE WILLIAMSON  |  THURSDAY, 8 AUG 2024
... individual practices. It comes as the advice business reports a net loss of $15 million. Entireti, formerly Fortnum Private Wealth, and AZ NGA will pay $10.2 million to acquire Charter Financial Planning, Hillross, AMP Financial Planning and support ...

Choice products require fairer framework: FSC

KARREN VERGARA  |  TUESDAY, 6 AUG 2024
... growth of managed accounts and non-superannuation vehicles to support advisers focusing on upper affluent and high-net-wealth (HNW) clients. The Choice sector makes up 70% of the market, yet regulatory and legislative processes continue to prioritise ...

Former wealth management chief ousted from financial services

ANDREW MCKEAN  |  FRIDAY, 2 AUG 2024
The founder and former chief executive of wealth management firm United Global Capital, Joel Hewish, has been slapped with a 10-year ban from providing financial services. Hewish, who is also prohibited from holding any role within a financial services ...

AMP Super trustee has additional licence conditions removed

ANDREW MCKEAN  |  FRIDAY, 2 AUG 2024
... outstanding matters raised by the Financial Services Royal Commission. N.M. Super, which controls the AMP Super Fund and Wealth Personal Superannuation and Pension Fund, which collectively manage approximately $114 billion in assets, was initially issued ...