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Showing 51 - 60 of 9316 results for "Wealth"

Sovereign wealth funds ramp up direct private investments

RIDDHIMA TALWANI  |  THURSDAY, 25 JUN 2026
A new survey on global sovereign wealth funds (SWF) found assets under management allocated to private markets is becoming more active, with funds increasingly manage these exposures in-house than through third-party managers. The survey by Bain and ...

Kudu continues Australian expansion with fresh investment

MATTHEW WAI  |  THURSDAY, 25 JUN 2026
... Shin explained the appeal of the transaction and why Australia continues to position itself as a prime opportunity for wealth management expansion. "Australia represents a compelling market for wealth management, supported by strong secular growth drivers ...

Greens, Labor agree on LRBA ban on SMSFs

MATTHEW WAI  |  WEDNESDAY, 24 JUN 2026
The Australian government is backing the Greens' policy to put a stop on self-managed superannuation funds (SMSFs) from purchasing residential properties with any capital assistance, arguing the sector is currently gating nearly two million properties ...

Diversa drags Praemium into First Guardian lawsuit

KARREN VERGARA  |  TUESDAY, 23 JUN 2026
... having been thrown in the mix by Diversa Trustees. Praemium this morning announced, together with Powerwrap and One Vue Wealth Services (OVWS), it received notices of a cross-claim from Diversa Trustees relating to ASIC's proceedings taking action ...

NZ Super extends Movac relationship with $35m investment

MATTHEW WAI  |  TUESDAY, 23 JUN 2026
... cornerstone of Movac growth funds for the past decade. NZ Super has consistently been one of the top performing sovereign wealth funds globally, and we're fortunate and grateful to be the only NZ VC to have them as an investor. "We have our first Growth ...

Former Australian Ethical finance chief lands new gig

MATTHEW WAI  |  TUESDAY, 23 JUN 2026
... interim capacity in May 2026. Bringing more than 30 years' experience across Australian and global leadership roles in wealth and funds management, Shanahan was known for his dual responsibilities of chief financial officer and chief operating officer ...

Evergreen founder exits Ascalon Capital

KARREN VERGARA  |  MONDAY, 22 JUN 2026
... a new venture. Ascalon acquired Evergreen Consultants in late 2025 in a bid to strengthen its position in the domestic wealth management market by leveraging Evergreen's independent research, disciplined portfolio construction and high-touch client ...

Equity Trustees opts out of super trustee business

RIDDHIMA TALWANI  |  MONDAY, 22 JUN 2026
... year. It said this is part of a strategic repositioning to focus on its core corporate trustee services and trustee and wealth services businesses. ASIC recently commenced a second proceeding in the Federal Court against ETSL, alleging failures in care ...

Kudu acquires minority stake in Drummond Capital Partners

MATTHEW WAI  |  MONDAY, 22 JUN 2026
... minority stake in boutique investment manager Drummond Capital Partners as it looks to expand scope across the domestic wealth management industry. Kudu's investment, although undisclosed, is structured as a "minority, non-controlling stake", with no ...

ATO reveals highest paid jobs, postcodes

VINNY VUCAGO  |  FRIDAY, 19 JUN 2026
... covering Hawthorn and Toorak, ranking second nationally with an average taxable income of $277,708. Sydney's traditional wealth enclaves remained well represented, with Bellevue Hill, Vaucluse, Rose Bay, Double Bay and Mosman all appearing in the ...