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| | | Small caps investment house Spatium Capital has inked a merger agreement with Singapore's Conduit Group. Spatium Capital, based in Melbourne, is merging with Conduit Securities and Conduit Asset Management, subsidiaries of Conduit Group, as both parties ... |
| | | | LGT Crestone has inked a deal to scoop up Commonwealth Bank's (CBA's) remaining personal advice business, which serves high-net-worth and ultra-high-net-worth clients. Commonwealth Private Advice has around 500 clients with assets exceeding $5 billion. ... |
| | | | David Andrew, the managing director at Capital Partners Private Wealth Advisers, is stepping down after 25 years. Andrew founded the West Australian firm in 1999. It's since grown to employ more than 50 staff and service over $2 billion in assets. ... |
| | | | Donald Trump secured a decisive victory in the presidential election, sending US markets soaring overnight as investors anticipate lower taxes. However, concerns remain over trade tariffs and the impacts on inflation. Principal Asset Management chief ... |
| | | | The Federal Court has dealt ASIC a legal blow, dismissing its case against former Dixon Advisory director Paul Ryan and ordering the corporate regulator to cover his legal costs. The regulator accused Ryan of contravening his statutory duties as a director ... |
| | | | Ahead of naming the new investment chief, Funds SA chief executive John Piteo has bolstered the leadership team by making a series of promotions. After a year in the top job, Piteo has elevated nine staffers in investment, finance and operations, analytics ... |
| | | | Cbus has made several senior staff redundant in pursuit of its growth strategy. The $94 billion industry fund has let go of its head of compliance, acting head of brand and marketing, head of marketing, communications, and insights, head of strategy ... |
| | | | Morningstar has pointed out persistent leadership turnover and concerns about governance in a review of Cbus. "While turnover has not been high across the broader investment team and replacements have mostly been made, it's hard to view Cbus positively ... |
| | | | Digital investor communication platform Proxymity and MUFG Pension & Market Services have announced the expansion of their partnership to Australia. The partnership means that clients of MUFG Corporate Markets, a division of MUFG Pension & Market Services ... |
| | | | High interest rates (70%), economic downturn and inflation risks (both 68.8%), and the impact of central bank policy (61.3%) usurped any concerns about this year's election cycle for Australian financial advisers and investors, according to this year's ... |
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