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Showing 211 - 220 of 9480 results for "Wealth"

Euroz Hartleys sells capital markets arm to Canada's BMO

RIDDHIMA TALWANI  |  TUESDAY, 30 JUN 2026
... business to Canada's BMO Financial Group (BMO) for $145 million in an all-cash deal. The divestment will allow the ASX-listed wealth firm to be a standalone pure-play private wealth business, it said. Both Euroz Hartleys executive chair Andrew McKenzie ...

ETF adoption hits 'meaningful threshold' among SWFs

KARREN VERGARA  |  TUESDAY, 30 JUN 2026
Nearly 40% of sovereign wealth funds have an allocation to ETFs, a new report from Invesco shows, underscoring their expanded roles among institutional investors as their rate of adoption hits a "meaningful threshold". Invesco's Global Sovereign Asset ...

Corruption, governance risks: The cost of doing business in emerging markets?

KARREN VERGARA  |  FRIDAY, 26 JUN 2026
... economies with weak governance frameworks. Countries like the Democratic Republic of Congo, she said, has vast mineral wealth, but struggles to translate natural resources into sustainable economic growth. "For somewhere with unbelievably rich mineral ...

HUB24 appoints Formica to board

VINNY VUCAGO  |  FRIDAY, 26 JUN 2026
... investment executive Andrew Formica as an independent non-executive director, effective July 1, strengthening its board as the wealth platform continues its growth trajectory. Formica brings more than three decades of experience across capital markets ...

Sovereign wealth funds ramp up direct private investments

RIDDHIMA TALWANI  |  THURSDAY, 25 JUN 2026
A new survey on global sovereign wealth funds (SWF) found assets under management allocated to private markets is becoming more active, with funds increasingly manage these exposures in-house than through third-party managers. The survey by Bain and ...

Kudu continues Australian expansion with fresh investment

MATTHEW WAI  |  THURSDAY, 25 JUN 2026
... Shin explained the appeal of the transaction and why Australia continues to position itself as a prime opportunity for wealth management expansion. "Australia represents a compelling market for wealth management, supported by strong secular growth drivers ...

Greens, Labor agree on LRBA ban on SMSFs

MATTHEW WAI  |  WEDNESDAY, 24 JUN 2026
The Australian government is backing the Greens' policy to put a stop on self-managed superannuation funds (SMSFs) from purchasing residential properties with any capital assistance, arguing the sector is currently gating nearly two million properties ...

Diversa drags Praemium into First Guardian lawsuit

KARREN VERGARA  |  TUESDAY, 23 JUN 2026
... having been thrown in the mix by Diversa Trustees. Praemium this morning announced, together with Powerwrap and One Vue Wealth Services (OVWS), it received notices of a cross-claim from Diversa Trustees relating to ASIC's proceedings taking action ...

NZ Super extends Movac relationship with $35m investment

MATTHEW WAI  |  TUESDAY, 23 JUN 2026
... cornerstone of Movac growth funds for the past decade. NZ Super has consistently been one of the top performing sovereign wealth funds globally, and we're fortunate and grateful to be the only NZ VC to have them as an investor. "We have our first Growth ...

Former Australian Ethical finance chief lands new gig

MATTHEW WAI  |  TUESDAY, 23 JUN 2026
... interim capacity in May 2026. Bringing more than 30 years' experience across Australian and global leadership roles in wealth and funds management, Shanahan was known for his dual responsibilities of chief financial officer and chief operating officer ...