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Showing 311 - 320 of 4259 results for "Wholesale"

Natixis, Generali merger creates $3.2tn fund manager

KARREN VERGARA  |  WEDNESDAY, 22 JAN 2025
... and others (14%). Insurers and pension funds hold 61% of AUM, while institutional investors have 14% and retail and wholesale clients represent 25%. The new entity is expected to be the ninth largest fund manager globally based on AUM. The transaction ...

Australian Ethical grows FUM to $13.26bn

ROSE MARY PETRASS  |  MONDAY, 20 JAN 2025
... another quarter of positive net flows and investment performance, surpassing $13 billion during the quarter. Retail and wholesale net flows hit $173 million, while superannuation flows of $101 million were below recent quarters, due to a seven-week services ...

GAM boosts local sales team

ELIZABETH FRY  |  THURSDAY, 16 JAN 2025
... managing director for Australia and New Zealand, GAM Investments has hired a new business development manager to look after wholesale clients. Reporting directly to Finnell, Malcolm Kazal brings with him years of experience in private markets within ...

Bell Financial expects revenues, profits to rise

ANDREW MCKEAN  |  THURSDAY, 16 JAN 2025
... also anticipated a 26% increase in profit after tax to $30.7 million (FY23: $24.3 million). Bell Financial's retail and wholesale broking revenues increased 12% on FY23 to $177.8 million, while profit after tax surged 115% to $9.2 million. Meanwhile ...

Local private wealth manager appoints new chief

ANDREW MCKEAN  |  THURSDAY, 16 JAN 2025
... to industry platforms. From 2009 to 2011, DeCarlo served as head of platform sales at AXA Australia, where he oversaw wholesale distribution for its investment platforms - Summit, AXA Generations, and AXA North. "Today, stepping into his new role as ...

Channel Investment Management secures RE mandate

KARREN VERGARA  |  TUESDAY, 14 JAN 2025
... Nuveen recently named Channel IM as the RE for its Churchill Private Credit Income Fund, which is now available to local wholesale investors.

SG Hiscock appoints head of research

ELIZA BAVIN  |  TUESDAY, 14 JAN 2025
... joining SG Hiscock, McKibbin worked at American Century Investments for over five years, most recently as the head of wholesale, Australia. He joined American Century from State Street Global Advisors where he was head of ETF Managed Portfolio Solutions ...

UBS injects $100m into Centuria Bass

ELIZA BAVIN  |  MONDAY, 13 JAN 2025
... around $285 million, including UBS' initial $100 million secured in July 2024, with the balance coming from private wholesale investors. Centuria Bass' assets under management has increased to $2.3 billion as at December 2024, a 45% annual increase. ...

Stamford Capital Investments launches new fund

ELIZA BAVIN  |  FRIDAY, 10 JAN 2025
... the investment management arm of Stamford Capital, has launched its fourth fund, seeking to raise $100 million from wholesale investors. It expects to raise $30 million by the end of January for the fund's first close. The Core Partners Fund 4 (CPF4) ...

Sanlam Private Wealth breaches licensee obligations, hit with enforceable undertaking

MATTHEW WAI  |  MONDAY, 6 JAN 2025
... specified classes of financial products, together with custodial and depository services. The AFSL covers both retail and wholesale investors. In 2023, Sanlam authorised representative, fintech Bobbob, was fined $53,280 by ASIC for misrepresenting its ...