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| | | ... double to 58.5% by 2031, outpacing anticipated global growth of 32.9% in the same period. Knight Frank head of private office, Australia Ari Petrovs said the projected growth in Australia reinforces the country's position as a significant wealth market ... |
| | | | ... to hiring a suitable successor to Matt has begun." Wacher was previously the investments chief at Cambooya, the family office for the Vincent Fairfax family. He also held several senior investment roles for firms such as Russell Investments, Qantas Superannuation ... |
| | | | Newly launched arcpoint OCIO scored its inaugural clients, winning mandates from three advisory firms. The Sydney-based firms are Capella Advisory, ek Private Advisory and United Advisory. For ek Private Advisory, which services high-net-worth (HNW) ... |
| | | | Australia's sovereign wealth fund has released a statement after reports alleging chief executive Raphael Arndt's leadership style may be forcing staff out the door. A report in the Australian Financial Review suggested some employees have described ... |
| | | | Hostplus is extending its custodial and fund administration services mandate with Citi for five years. Hostplus chief executive David Elia said via an in-depth process, "Citi remains best placed to deliver custodial services that are critical to supporting ... |
| | | | BNP Paribas' Securities Services business has been awarded a long-term strategic mandate with Janus Henderson to provide a wide range of fund and market and financing services across Australia, the UK, France and Luxembourg. The mandate is an extension ... |
| | | | A new report reveals the strength of Australia's private credit sector compared to global markets, which is attracting substantial offshore capital, particularly from high-net-worth individuals, family offices and insurance companies. This is according ... |
| | | | ... advice firms in the state. Merging with Financial 3 Wealth and Marsden Wealth Advisers will mark Esencia Wealth's first office in Brisbane, building on its national growth strategy. "Our expansion into Queensland represents a significant step in ... |
| | | | Rest is bolstering its total portfolio approach with a new mandate, while appointing an executive to help grow its digital member services. Rest will implement UK-based Rimes' total portfolio view capability through its investment platform, Matrix ... |
| | | | AllianceBernstein (AB) launched the AB Global Strategic Core Equities Fund - Active ETF on Cboe Australia. The fund offers investors access to global markets via a more defensive approach while still achieving long-term outperformance, AB said. The ... |
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