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First Guardian shaves $286m off Praemium FUA

MATTHEW WAI  |  TUESDAY, 21 OCT 2025
... inflows of $667 million excluding OneVue. Spectrum was the "standout" performer, recording net inflows of $299 million. It is now housing $13.6 billion in FUA. Praemium SMA also recorded net inflows of $237 million over the same period, lifting FUA to ...

Brookfield fully acquires Oaktree

KARREN VERGARA  |  MONDAY, 20 OCT 2025
Brookfield Asset Management is now the owner of Oaktree Capital after scooping up the remaining 26% stake in the credit fund manager for US$3 billion. The two firms first partnered six years ago. Brookfield paid about $6.8 billion for the 62% stake. ...

Qualitas co-founder trades in equity for $53m

KARREN VERGARA  |  MONDAY, 20 OCT 2025
... estate private credit and 17% is in real estate private equity. ASX-listed REIT, the Qualitas Real Estate Income Fund (QRI), now has $1 billion in FUM. Normalised NPAT of $37 million for the group grew 36% in the last financial year. Recurring earnings ...

IFM Investors, Nest complete first UK investments

ELIZA BAVIN  |  MONDAY, 20 OCT 2025
... this partnership, Nest committed close to £500 million to seed a global infrastructure debt fund managed by IFM, which has now completed its first two investments - both located in the UK. The investments include $82.6 million (£40m) to support the ...

APRA flags growing trustee complacency on retirement strategies

RIDDHIMA TALWANI  |  FRIDAY, 17 OCT 2025
... member accounts," she said. She said APRA is committed to increasing transparency of retirement product performance and will now publish fund-level data on retirement product investment returns and strategies. APRA will also work with Treasury to design ...

More suitors line up for Iress

KARREN VERGARA  |  FRIDAY, 17 OCT 2025
Iress flagged it now has more suitors vying to potentially acquire it in addition to Thoma Bravo and Blackstone. While Iress did not divulge how many other parties have entered the fray, nor did it name them, it did say that it made its "virtual data ...

China wants to be leader in renewable energy: Gore

MATTHEW WAI  |  FRIDAY, 17 OCT 2025
... advantages in pricing and efficiency in renewable technology production, such as solar panels and electric vehicles (EVs). "We're now seeing EVs begin to gain more attention around the world, in Australia as well. This is slower than the electricity ...

Bravura appoints new chair, deputy chair

JAMIE WILLIAMSON  |  FRIDAY, 17 OCT 2025
... prepares to welcome its new chief executive in Colin Greenhill. He replaces Andrew Russell who left the company in April. He's now chief executive and managing director of Iress. Shezad Okhai has been serving as acting chief executive since Russell left. ...

Federal Court dismisses Freedom Insurance staff allegations

KARREN VERGARA  |  FRIDAY, 17 OCT 2025
... prioritising driving insurance sales rather than customer needs. ASIC also claimed that Cohen breached his directors' duties. The now-defunct Freedom Insurance made headlines during the Hayne Royal Commission for shocking sales tactics that targeted ...

ASX announces changes following independent review

ELIZA BAVIN  |  FRIDAY, 17 OCT 2025
... Advisory Group members to be confirmed and an initial meeting called. "The panel was unanimous in reaching the conclusion that now is the right time to evolve the current approach to Australia's corporate governance principles and practices," Digby said. ...