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Showing 31 - 40 of 297 results for "Ultra"

Newmark Capital elevates distribution capabilities

MATTHEW WAI  |  FRIDAY, 22 NOV 2024
... He brings more than 30 years' experience in financial services to the fold. Early on in his career, Wares focused on the ultra-high-net-worth space through roles at BT Funds Management, Citigroup Asset Management, ANZ, Westpac and St George. More recently ...

LGT Crestone takes over remainder of Commonwealth Bank's advice business

ANDREW MCKEAN  |  MONDAY, 11 NOV 2024
... 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. As part of the ...

Best and worst performing ETFs revealed

ELIZA BAVIN  |  MONDAY, 14 OCT 2024
... geared exposure to the S&P 500 by combining investor funds with borrowed capital. At the other end of the spectrum, Global X Ultra Short Nasdaq 100 Hedge Fund (SNAS) was the worst performer with a -40.5% return over 12 months. A $1000 investment one ...

Mutual Trust adds three partners

ELIZABETH FRY  |  MONDAY, 14 OCT 2024
... staffers to partner. Mutual Trust - the Myer and Baillieu family office - said the promotions reflect the increasing number of ultra-high-net-worth families and individuals and the diverse needs of that market segment. Tanya Vanderpoel, Beni Pietropiccolo ...

Pitcher Partners executives launch advice firm

KARREN VERGARA  |  FRIDAY, 27 SEP 2024
Three Pitcher Partners executives have set off to launch Viola Private Wealth, an ultra-high-net-worth financial advice firm spearheaded by Charlie Viola. Viola, together with founding partners Sean Ward and Andrew Levi, bought out operational aspects ...

Acadian, Yarra among most commonly used external managers by super funds

ANDREW MCKEAN  |  THURSDAY, 26 SEP 2024
Every APRA-regulated super fund uses external investment managers; these are the most popular ones in traditional public asset classes, according to a Morningstar report. For Australian equities, the top managers by funds under management are IFM Investors ...

Apollo, State Street plot private markets ETF

JAMIE WILLIAMSON  |  THURSDAY, 12 SEP 2024
... is expected to continue to grow in the coming decade, but until now they have mainly been open to large institutions and ultra-high net worth investors." "We are pleased to be working with Apollo to democratise access to private asset exposures through ...

Rising HNW numbers fuel need for specialist advice

JAMIE WILLIAMSON  |  THURSDAY, 12 SEP 2024
... and Investment Trends show. Collectively, they manage $3.4 trillion in investable assets, up from $2.98 trillion in 2023; ultra-high-net-worth (UHNW) investors saw double-digit portfolio growth in the year. The report says that, because of the growth ...

Netwealth FUA nears $90bn

KARREN VERGARA  |  TUESDAY, 13 AUG 2024
... are using the Netwealth platform. Netwealth's client base is made up of 61% retail investors, 22% are HNWs, 10.2% are ultra HNWs and family offices, and the remainder are institutional. Rainmaker data shows Netwealth owns a 5% market share of the ...

Pandemic-era savings to dry up: CBA

ELIZA BAVIN  |  FRIDAY, 9 AUG 2024
... end of the year. CBA said Australians had accrued around $300 billion in additional savings during the period, as a result ultra-low interest rates and lockdowns reducing spending. "Australian households are generally net savers, as evidenced by a positive ...