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Showing 51 - 60 of 616 results for "Wealth manager"

US financial market dominance can't last indefinitely: MSCI

ANDREW MCKEAN  |  MONDAY, 12 MAY 2025
The US stock market has returned nearly twice as much as international markets since the Global Financial Crisis, which subsequently resulted in its share of global equity market capitalisation approaching almost 70% by the end of last year. History ...

Alternative real estate investment manager launches new fund

ANDREW MCKEAN  |  WEDNESDAY, 7 MAY 2025
Investment manager Zagga has unveiled a new real estate private credit fund that invests directly in quality prime commercial real estate across Australia's east coast. The Singapore Variable Capital Company (VCC) - the Zagga Real Estate Credit Fund ...

Wealth managers' recovery looks promising: Research

KARREN VERGARA  |  FRIDAY, 2 MAY 2025
... Challenger, meanwhile, stands out for its life insurance-led business model and longevity growth options. But the wealth manager "needs to lift returns." Morgan Stanley said Challenger has yet to deliver on its full potential of building solutions for ...

Selfwealth shareholders resoundingly greenlight takeover proposal

ANDREW MCKEAN  |  WEDNESDAY, 23 APR 2025
Selfwealth shareholders approved the investment platform's acquisition by Singaporean digital wealth manager Syfe Group's holding company Svava on Tuesday. Of those who voted, 99.7% were in favour of the proposed offer, which will see shareholders receive ...

Insignia Financial trims $5bn off FUM

JAMIE WILLIAMSON  |  WEDNESDAY, 23 APR 2025
... requirements of the institution. This, combined with market volatility, saw a total decrease of $5 billion in the wealth manager's FUM, now coming in at $321.8 billion. This is spread across Wrap ($97.7bn), superannuation ($129.8bn), and asset management ...

Prime Financial Group buys Lincoln Indicators

JAMIE WILLIAMSON  |  TUESDAY, 22 APR 2025
The ASX-listed wealth manager is acquiring Lincoln Indicators, expanding its presence in the high-net-worth and self-managed super spaces. Based in Melbourne, Lincoln Indicators is a provider of investment research and portfolio, platform and funds ...

Mercer promotes wealth management lead

ELIZABETH FRY  |  THURSDAY, 17 APR 2025
Mercer Pacific has promoted Luke Fitzgerald, its head of wealth management, to partner. In the announcement, Mercer emphasised Fitzgerald's significant role over the past 15 years in expanding the firm's wealth management client base and supporting ...

AMP super and investments business see more outflows

ELIZA BAVIN  |  THURSDAY, 17 APR 2025
... through low fees, strong investment performance and a competitive insurance offer helping to drive retention." The wealth manager's platform business saw net cashflows of $740 million, up from $201 million in the prior corresponding period. "We have ...

Insignia gives PE firms more time to devise deal

JAMIE WILLIAMSON  |  THURSDAY, 17 APR 2025
... confirmed it had received revised bids from both Bain and CC Capital, both of which offered $5 per share and valued the wealth manager at $3.35 billion. Insignia then signed exclusivity deals with both parties so they could continue discussions for a ...

Blue Owl completes local private wealth team

ELIZABETH FRY  |  THURSDAY, 10 APR 2025
Blue Owl Capital, one of Wall Street's largest alternative asset managers, continues to add to the local headcount. Not quite nine months after PIMCO's John Valtwies joined Blue Owl as a principal, Larry Francis has come on board from Bentham ...