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| | | ... said. He did, however, reset financial adviser incentives "to create a path toward client ownership" and introduced employee share vesting programs. Clime's private wealth businesses are Clime Private Wealth, MTIS Wealth Management and Investment ... |
| | | | Platinum Capital (PMC) shareholders have rejected Wilson Asset Management's (WAM) bid to be the investment manager of the listed investment company (LIC) in the hope of replacing Platinum Asset Management. WAM flagged its intentions of becoming the ... |
| | | | ... firms, managing collectively over US$55 trillion of assets. With the top five players representing less than 20% of market share, the report noted that the industry has historically been among the most fragmented in financial services. "This fragmentation ... |
| | | | ... the Solaris mandate was replaced by the Perpetual Wholesale Ethical SRI Fund. The PDS of the Fiducian fund stated: "The share portfolios comprise investments in companies that aim to be positive for society and for the environment and aim to avoid investments ... |
| | | | ... of this expansion, with India contributing 20-25%, based on anticipated real estate debt growth and the expanding market share of private credit through 2028, according to Knight Frank. Additionally, private credit now accounts for about $76 billion ... |
| | | | QIC delivered record FY25 results of $9.6 billion to its Queensland government clients in FY25, taking total earnings for the state to more than $22 billion since 2022. QIC said despite fluctuating market conditions during the financial year, assets ... |
| | | | ... However, much of this growth has been enjoyed by the largest 15 funds. According to APRA, these funds have seen their market share increase from 69% to 78% in the last five years. The top five funds by assets have increased their market share through ... |
| | | | Cbus and MUFG Retirement Solutions have reached a settlement relating to "unacceptable delays" in the processing and payment of death benefit and insurance claims made by Cbus members and claimants. MUFG said it "sincerely apologises to Cbus and its ... |
| | | | ... recently subjected to an ASIC interim stop order. Others include the Melior Australian Impact Fund, WaveStone Australian Share Fund, Bennelong Australian Equities Fund, VanEck Global Listed Private Credit (Aud Hedged) ETF, Forager Australian Shares Fund ... |
| | | | Financial advice firm Lorica Partners is merging with Multiforte Financial Services, uniting the two companies under the Lorica Partners brand. Multiforte's clients will continue working with existing advisers for the next 12 months, as the staff ... |
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