Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11 - 20 of 117 results for ipo wealth

ASX listings dwindle as companies abandon public markets

ANDREW MCKEAN  |  FRIDAY, 11 OCT 2024
... companies now see private markets as a more efficient and flexible way to raise capital, circumventing the challenges of an IPO. This is evidenced in data from JPMorgan, which shows an explosion in the number of private companies in the US backed by ...

Netwealth FUA soars, names new chief financial officer

ELIZA BAVIN  |  THURSDAY, 10 OCT 2024
... officer, Grant Boyle, who will be assisting with the handover. Grant joined in 2017 and has been instrumental in our success from IPO to today with a focus on delivery of sustainable growth and performance. His expertise has been invaluable to our team ...

Alternatives market to hit US$30tn by 2030: Preqin

MATTHEW WAI  |  THURSDAY, 19 SEP 2024
... gaining momentum among retail investors. It also comes as private companies opt to stay private for longer, underwhelming IPO markets, and the decline in listed company numbers. However, Preqin advised that the internal rate of return (IRR) of global ...

Australia a 'regional private wealth hotspot': Preqin

ANDREW MCKEAN  |  WEDNESDAY, 28 AUG 2024
Australia is a top regional private wealth hotspot, with the greatest proportion of investors, many of whom are looking to alternatives, according to a Preqin report. The data provider's report highlighted that among all private wealth investors in ...

Local private debt funds' growth potential 'remains strong': Preqin

ANDREW MCKEAN  |  THURSDAY, 15 AUG 2024
... markets were once considered the domain of institutional asset owners, but new products are increasingly available to private wealth investors. "Once considered 'alternatives', we can see a time - as portfolios evolve - when private debt will be an extension ...

Fund managers nervously await 'golden visa' reforms

KARREN VERGARA  |  WEDNESDAY, 24 APR 2024
... Asset Management, Real Asset Management, IJ Capital, and Markuan Management which offer an array of SIV-compliant products. Wealth management firms such as Ord Minnett have a dedicated unit servicing this client base. KPMG Asia Pacific immigration leader ...

James Mawhinney arrested as Mayfair 101 saga rolls on

JAMIE WILLIAMSON  |  WEDNESDAY, 10 APR 2024
... 101's James Mawhinney was arrested yesterday and charged with engaging in dishonest conduct for allegedly claiming IPO Wealth Group owned companies that it did not. Mawhinney has been in a years-long battle with ASIC now, with the regulator taking ...

James Mawhinney applies to have ASIC's case struck out

ELIZA BAVIN  |  MONDAY, 8 APR 2024
... matter. This comes after the details of the $44 million settlement between Mayfair 101, Mawhinney and the liquidators of IPO Wealth Holdings were made public. In July 2022, the liquidators reached a settlement to abandon all claims against Mawhinney ...

Mayfair 101 regains control of assets, liquidators abandon claims

JAMIE WILLIAMSON  |  MONDAY, 18 MAR 2024
The terms of a $44 million legal settlement reached between Mayfair 101, James Mawhinney and the liquidators of IPO Wealth Holdings have been released to the public. In July 2022, Mayfair 101, its managing director James Mawhinney, and the liquidators ...

EG to target intermediaries

CHLOE WALKER  |  TUESDAY, 5 MAR 2024
... than public markets, and being in the public markets is not necessarily always a good thing - that's why firms aren't 'IPO'ing' as much as they used to," he said. "So, accessing the private markets now is very appealing for HNW Australians." This ...