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Showing 201 - 210 of 616 results for "Wealth manager"

US wealth manager acquires three Aussie firms

ELIZABETH MCARTHUR  |  THURSDAY, 3 DEC 2020
NASDAQ listed Focus Financial Partners has created a new network of boutique financial advice firms and acquired three Australian businesses. Focus launched Connectus on December 1 in the US, and now the first Australian advice firms to join the boutique ...

Macquarie acquires US wealth manager

ANNABELLE DICKSON  |  THURSDAY, 3 DEC 2020
Macquarie Asset Management has entered into an agreement to acquire US-based asset and wealth manager Waddell & Reed Financial, Inc with further plans to offload part of the business to an advisory firm. The transaction values Waddell & Reed Financial ...

Channel Capital in management buyout

KANIKA SOOD  |  TUESDAY, 10 NOV 2020
The Sydney multi-boutique is bidding farewell to its minority equity partner Highbury Partnership, as it enlists a new passive investor to bring ownership back to the management. Highbury invested about $15 million in Channel Capital in 2017 when the ...

Emotions lead to losses: Oxford Risk

ANNABELLE DICKSON  |  TUESDAY, 10 NOV 2020
Making emotional decisions by increasing allocations to cash throughout market volatility can lead to long term losses, but diagnostic tools for financial advisers may solve the problem, according to a behavioural finance expert. Oxford Risk said investors ...

AMP valued at $1.85 per share

ELIZA BAVIN  |  MONDAY, 2 NOV 2020
... announced its board was undertaking a portfolio review of the group's assets and businesses. The embattled wealth manager said its board remains committed to AMP's transformation strategy and is confident that the review will deliver long-term ...

Ares bids for AMP

ELIZA BAVIN  |  FRIDAY, 30 OCT 2020
... announced its board was undertaking a portfolio review of the group's assets and businesses. The embattled wealth manager said its board remains committed to AMP's transformation strategy and is confident that the review will deliver long-term ...

Magellan's largest client asked to review costs

KANIKA SOOD  |  WEDNESDAY, 28 OCT 2020
... review at Magellan's biggest client, St James Place. But the risk to Magellan is low, says Credit Suisse. The UK wealth manager has been using Magellan's strategies since 2011 and was its first overseas client. It now accounts for $60 million or roughly ...

ESG ETF demand rises: Research

KARREN VERGARA  |  TUESDAY, 6 OCT 2020
Wealth managers are increasingly using ETFs to incorporate ethical and responsible investing, flagging that this strategy will eventually substitute the actively-managed part of their portfolios. More than half (55%) of the global 191 institutional ...

Super Recruiters announces chair

ANNABELLE DICKSON  |  WEDNESDAY, 23 SEP 2020
Wealth management recruitment firm Super Recruiters has appointed a former Rabobank executive as chair. Cathy Doyle has over 20 years' experience in human resources and was most recently group executive human resources at Rabobank for over three years. ...

Australian Ethical hires from BlackRock

ELIZA BAVIN  |  FRIDAY, 18 SEP 2020
... years' experience in financial services, and will be joining the Australian Ethical team based in Melbourne. The wealth manager said the hire was in response to the growing demand for ethical investing while it executes its growth strategies across ...