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Showing 691 - 700 of 9050 results for "BES"

Local private wealth manager appoints new chief

ANDREW MCKEAN  |  THURSDAY, 16 JAN 2025
Stellan Capital, a national private wealth management firm, has appointed a new chief executive. Jim DeCarlo has stepped into the role at the firm, which specialises in strategic financial planning, bespoke portfolio management, and family office services. ...

Economist's wishlist: Lower tariffs, bond yields settling

ELIZA BAVIN  |  WEDNESDAY, 15 JAN 2025
AMP deputy chief economist Diana Mousina has listed the top five things the AMP econosights team is hoping to see in 2025. Firstly, Mousina said that while higher trade tariffs are unavoidable given the incoming US President, she hopes the US will stop ...

Apollo scoops up Argo Infrastructure Partners

JAMIE WILLIAMSON  |  TUESDAY, 14 JAN 2025
Apollo Global Management is acquiring Argo Infrastructure Partners, in a deal that will see close to $10 billion added to Apollo's platform. Apollo has entered an agreement to buy Argo, a mid-market manager of essential infrastructure assets across ...

Industry breaks records for assets, flows, and product launches

ANDREW MCKEAN  |  TUESDAY, 14 JAN 2025
The Australian exchange-traded fund (ETF) industry has had a landmark year, breaking records pertaining to market capitalisation, net flows, and product launches. Last year, the ETF industry's funds under management (FUM) reached $246.3 billion ...

Magellan names interim chief financial officer

ELIZA BAVIN  |  TUESDAY, 14 JAN 2025
Magellan Financial Group has appointed Michelle Mutchnik as interim chief financial officer, effective January 24. Mutchnik replaces Kirsten Morton who announced her resignation on 13 November 2024. Mutchnik joined Magellan in November 2020 and has ...

Bitcoin now 7th largest global asset

ELIZA BAVIN  |  TUESDAY, 14 JAN 2025
Bitcoin finished 2024 up 123.4%, ranking as the seventh largest global asset by market capitalisation, according to new research from Binance Australia. However, momentum stalled in late December when the US Federal Reserve scaled back its planned 2025 ...

Insignia denies yet another takeover bid

ELIZA BAVIN  |  FRIDAY, 10 JAN 2025
Insignia Financial has denied that it has received a takeover offer from global investment giant Brookfield Asset Management, in response to media speculation. Making an announcement on the ASX, Insignia noted the speculation that Brookfield was actively ...

Monetary policy to underscore 2025 allocations

ANDREW MCKEAN  |  FRIDAY, 10 JAN 2025
Investors have head into the New Year with many of the same concerns they had at the start of 2024, with interest rates and inflation to dominate once again. Last November, RBA governor Michele Bullock indicated the central bank views its settings as ...

Perpetual awards mandate to Equity Trustees

KARREN VERGARA  |  TUESDAY, 7 JAN 2025
Perpetual has appointed Equity Trustees (EQT) to oversee two of its superannuation products as the new trustee. Equity Trustees Superannuation will takeover trustee duties on 1 March 2025 from Perpetual for the Select Super Plan and Select Pension Plan. ...

CC Capital Partners bids for Insignia

KARREN VERGARA  |  MONDAY, 6 JAN 2025
New York-based CC Capital Partners has expressed interest in taking over Insignia Financial, upping Bain Capital's offer that was recently rejected. CC Capital Partners is offering $4.30 cash per Insignia share, which is a 7.5% premium to Bain Capital's ...