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Showing 61 - 70 of 8679 results for "Wealth"

Analyst promotions: TCorp, Future Fund, CareSuper, Fidante, First Sentier

ELIZABETH FRY  |  THURSDAY, 17 APR 2025
... around two years as a senior associate at NSW Treasury, as well as roles at CLSA and HSBC. Meanwhile, another sovereign wealth fund has elevated Sahil Arora to senior investment associate within the credit team. Arora has been with the $300 billion Future ...

Longreach poaches CFS wealth director

ELIZABETH FRY  |  THURSDAY, 17 APR 2025
... Colonial First State Investments, to strengthen its fundraising efforts. Based in Brisbane, Skulskaya will cover private wealth and family office clients for Longreach Capital Advisors, which is led by Andrew King. "Our product and manager lineup is ...

Ex-MLC private equity exec joins Melbourne boutique

ELIZABETH FRY  |  THURSDAY, 17 APR 2025
... running a multi-billion private equity and venture capital book at MLC, Zimmermann worked at Singapore's sovereign wealth fund for nine years.. At Tamesk, he led teams in the city-state and London, assessing investment deals and advising investment ...

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 ...

Spender criticises Labor's 'lack of urgency' on advice reforms

ELIZA BAVIN  |  THURSDAY, 17 APR 2025
Ahead of the federal election on May 3, independent member for Wentworth Allegra Spender criticised the government for its lack of action on urgent advice reforms. Speaking at the Financial Advice Association Australia's (FAAA) federal election ...

AMP super and investments business see more outflows

ELIZA BAVIN  |  THURSDAY, 17 APR 2025
... super 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 ...

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 ...

Nearly $9bn leaves Perpetual

KARREN VERGARA  |  WEDNESDAY, 16 APR 2025
... trust business' total funds under administration (FUA) grew to $1.26 trillion, up 1.1% on the December quarter. The wealth management unit's total FUA was $21 billion, up 2% on the prior quarter, driven by net inflows of $0.9 billion but offset ...

Coalition targets 'ambitious' goal of 30k advisers

ELIZA BAVIN  |  TUESDAY, 15 APR 2025
... said in times of economic uncertainty Australians need access to affordable financial advice to protect their hard-earned wealth. "Labor has left Australia dangerously unprepared for future economic shocks, leaving Australians under-advised, under-insured ...

HUB24 sees record quarterly inflows of $4.9bn

ELIZA BAVIN  |  TUESDAY, 15 APR 2025
HUB24 saw record platform inflows in Q3 of $4.9 billion, thanks to the large migration of $1.3 billion from Clearview WealthFoundations to HUB24 Super. Total funds under administration (FUA) reached $124.1 billion, up 24% on the prior corresponding ...