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Showing 851 - 860 of 9268 results for "wealth"

Super balances drive household wealth growth

ELIZA BAVIN  |  THURSDAY, 19 DEC 2024
Household wealth rose for the eighth consecutive quarter, up 2.4% or $401 billion in the September quarter 2024, according to the Australian Bureau of Statistics (ABS). Total household wealth was $16.9 trillion in the September quarter, which was 9.9% ...

PE firm acquires Mason Stevens

KARREN VERGARA  |  THURSDAY, 19 DEC 2024
... cultural alignment, Adamantem's investment will allow Mason Stevens to further develop innovative solutions for advisers and wealth practices to deliver sophisticated investment offerings to their end-clients," Yule said. Adamantem managing director ...

Insignia rejects Bain Capital takeover proposal

ANDREW MCKEAN  |  WEDNESDAY, 18 DEC 2024
... Insignia Financial has rejected the takeover proposal put forward by Bain Capital last week. In an ASX announcement, the wealth manager said its board believes that, based on its view of the fundamental value of the company, the proposed transaction ...

Perpetual takeover 'not in the best interests of shareholders'

ANDREW MCKEAN  |  TUESDAY, 17 DEC 2024
The proposed acquisition of Perpetual's wealth management and corporate trustees' businesses by Kohlberg Kravis Roberts (KKR) has been deemed not in the best interests of shareholders. An independent expert informed the wealth manager that the risk ...

JBWere partners to launch fixed income funds

MATTHEW WAI  |  TUESDAY, 17 DEC 2024
... solutions" for those looking to add defensive components to a balanced, multi-asset portfolio, simultaneously underscore the wealth division's commitment in offering "high-quality investment", personalised for its clients. "Australian investors allocated ...

Invest Blue expands offering with new acquisition

ELIZA BAVIN  |  TUESDAY, 17 DEC 2024
Invest Blue - part of Ironbark Group - has announced the acquisition of wealth protection and estate planning provider Lambert Group. Lambert Group has a client portfolio of 700 families, coupled with a strong referral network and an experienced team ...

Australia home to 43 billionaires: UBS

KARREN VERGARA  |  MONDAY, 16 DEC 2024
... billionaires, while Singapore has 47. More broadly, the number of billionaires in APAC fell by 4% to 981 year on year. Their wealth flattened, increasing by only 1.8% to US$3.8 trillion. Gina Rinehart tops this year's AFR Rich List with an estimated ...

Renewable infrastructure opportunities for HNWIs

ELIZA BAVIN  |  FRIDAY, 13 DEC 2024
Australian Ethical's new head of private markets Adam Roberts thinks private wealth investors should forget the ASX, saying the best opportunities to capitalise on the energy transition are in private markets. Roberts told FS Private Wealth that ...

Iress reinstates dividends

ELIZA BAVIN  |  FRIDAY, 13 DEC 2024
... operational responsibilities, including for Iress' superannuation business, alongside his existing portfolios of APAC wealth and UK wealth and sourcing. Iress reported adjusted EBITDA increased by 52% to $67 million for the half-year ending 30 June ...

Ares launches private markets fund

ANDREW MCKEAN  |  THURSDAY, 12 DEC 2024
... access to Ares Private Markets Fund (AMPF) - as US registered management investment vehicle that's distributed through Ares' Wealth Management Solutions (AWMS) platform. AWMS is a private equity investment solution, anchored in secondary investments ...