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Showing 11 - 20 of 1782 results for "strength."

HESTA taps ESSSuper head as next chief executive

RIDDHIMA TALWANI  |  WEDNESDAY, 15 APR 2026
HESTA has appointed Robbie Campo as its new chief executive, set to take the reins from the outgoing Debby Blakey in August. Campo has served as chief executive of ESSSuper for around four years. Prior to that she led Cbus' brand, engagement, advocacy ...

AZ NGA acquires Tasmanian advice firm

RIDDHIMA TALWANI  |  TUESDAY, 14 APR 2026
AZ NGA has acquired Hobart-based financial advisory firm Foundation Wealth Advisers (FWA). FWA specialises in advice for retirees and pre retirees across Hobart and surrounding regions. It is led by principal and private client advisers Stuart Bale ...

Magellan shareholders say yes to Barrenjoey takeover

RIDDHIMA TALWANI  |  MONDAY, 13 APR 2026
Magellan Financial shareholders have approved the takeover of Barrenjoey at an implied valuation of $1.6 billion. Magellan first announced the merger in early March, noting Brian Benari will become the group chief executive under the new entity. Sophia ...

Macquarie-backed IDA sets up $150m credit warehouse

RIDDHIMA TALWANI  |  THURSDAY, 9 APR 2026
IDA, a specialist real estate private credit and investment manager backed by Macquarie Asset Management, has established a $150 million senior credit warehouse to support investments. UBS has provided the senior financing to the facility. IDA is backed ...

Challenger injects $3.7bn in BOQ, bolsters private credit book

KARREN VERGARA  |  TUESDAY, 7 APR 2026
Challenger has injected Bank of Queensland (BOQ) with $3.7 billion of capital via a whole-of-loan sale as it ramps up its private credit push. The $3.7 billion will be used to reduce BOQ's debt funding by about $3.4 billion and return $300 million ...

Blue Owl says its private credit loan books remain healthy

RIDDHIMA TALWANI  |  FRIDAY, 27 MAR 2026
US alternative asset manager Blue Owl Capital, with over US$307 billion in assets under management, is not seeing any increase in defaults in its loans amid rising concerns over the health of the country's private credit sector. Speaking at the Asia ...

Household wealth rises 2.5%

ELIZA BAVIN  |  FRIDAY, 27 MAR 2026
Total household wealth rose by 2.5%, or $453.7 billion, in the December quarter 2025, according to the Australian Bureau of Statistics (ABS). The main reason for the rise was driven by increased property values the value of residential land and dwellings ...

BNP Paribas AM to turbocharge $2.6tn AUM by 2030

KARREN VERGARA  |  FRIDAY, 20 MAR 2026
Now managing $2.6 trillion for investors following the takeover of AXA IM, BNP Paribas Asset Management is ambitiously looking to bolster assets by another $572 billion over the next four years. Outlining its priorities in the newly released 2030 Strategic ...

SMSFs continue to demonstrate competitive edge: Data

JAMIE WILLIAMSON  |  THURSDAY, 12 MAR 2026
Self-managed super funds (SMSFs) outperform APRA-regulated funds by about 1.1% on average, according to new analysis. Insights from Adelaide University show that in the five years to 30 June 2024, SMSFs' returns averaged 1.1% higher than APRA-regulated ...

Top investment teams built on diverse views, transparency

KARREN VERGARA  |  MONDAY, 9 MAR 2026
Successful female fund managers thrive in investment teams that are built on diverse views, trust and transparency, which are equally important in the companies they invest in. Looking at the progress of gender parity in wealth management, top female ...