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Showing 321 - 330 of 3358 results for "Wealth Management"

Former wealth management chief ousted from financial services

ANDREW MCKEAN  |  FRIDAY, 2 AUG 2024
The founder and former chief executive of wealth management firm United Global Capital, Joel Hewish, has been slapped with a 10-year ban from providing financial services. Hewish, who is also prohibited from holding any role within a financial services ...

Wilsons Advisory snaps up private wealth practice

ELIZA BAVIN  |  FRIDAY, 2 AUG 2024
... additions to the private wealth team. "James brings a wealth of experience and a proven track record in private wealth management. James will work with our head of Melbourne Ted Richards to further grow and expand our Melbourne capability, in conjunction ...

Private capital fundraising remains in the doldrums: Preqin

ANDREW MCKEAN  |  THURSDAY, 1 AUG 2024
... acquisition of PSC Insurance Group by Ardonagh Group for $1.5 billion, followed by Perpetual's hiving off its wealth management unit to KKR at $1.4 billion. APAC venture capital (VC) fundraising also experienced a rebound in the second quarter of 2024 ...

Positives remain at Perpetual, says Morningstar

JAMIE WILLIAMSON  |  THURSDAY, 25 JUL 2024
... Perpetual's management to cut costs, seek out higher-margin clients, and achieve a strong outcome from the sale of the wealth management and corporate trust capabilities to KKR. Morningstar has lowered its fair value estimate from $26 per share to ...

JANA wins investment consulting mandate

ANDREW MCKEAN  |  WEDNESDAY, 24 JUL 2024
... platforms, across three dealer groups. JANA said the collaboration is hoped to drive "innovation and excellence in wealth management," offering clients access to a broad range of investment opportunities and strategic advice. It added that the partnership ...

Perpetual net outflows top nearly $9bn

KARREN VERGARA  |  WEDNESDAY, 24 JUL 2024
... Perpetual's Corporate Trust business had funds under administration (FUA) reach over $1.2 trillion as at June 30. The wealth management division's FUA was $19.8 billion, reporting net inflows of $0.2 billion in the final quarter. Kohlberg Kravis ...

Generation Development Group corrals complete ownership of Lonsec

ANDREW MCKEAN  |  TUESDAY, 23 JUL 2024
... Generation development Group with full ownership of a highly strategic asset in an attractive segment of the wealth management sector. We believe that Lonsec is well positioned for future growth supported by strong industry and regulatory tailwinds and ...

Beaconsfield takes control of New Quantum

ANDREW MCKEAN  |  MONDAY, 22 JUL 2024
... receivers and managers to New Quantum Holdings, a non-trading holding company with operating subsidiaries including wealth management software platform New Quantum and options broker Morrison Securities. The appointment of receivers follows the company ...

Challenger executive joins Bell FG

KARREN VERGARA  |  MONDAY, 22 JUL 2024
... to the group's strategy to grow by investing in proprietary broking technology and a range of complementary wealth management products and services. "As group head of product, Kate will be responsible for unifying our product and services strategy across ...

Boutique ESG fund manager folds

KARREN VERGARA  |  FRIDAY, 19 JUL 2024
... December. Ethical Partners is also listed as one of NGS Super's fund managers and had a mandate with Crestone Wealth Management. The Ethical Partners Australian Share Fund, which required a minimum investment of $25,000, had $155 million in assets ...