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| | | ... targeted distributions. This fund builds on the success of our global private credit platform and creates access for a broader set of investors." Hamilton Lane head of private wealth Australia Scott Thomas said the fund launch is a significant milestone ... |
| | | | Financial advisers now have access to a suite of solutions specifically tailored to high-net-worth (HNW) clients, known as Praemium Spectrum. Users can access a range of comprehensive assets, tools, and capabilities to better facilitate holistic wealth ... |
| | | | ... recently announced J.P. Morgan is its new custodian, replacing NAB Asset Servicing. The $13.8 billion industry super fund is set to merge with Active Super on 1 March 2025. |
| | | | The global trading and investment platform is tapping into the superannuation sector with the acquisition of Spaceship, in a deal worth as much as $80 million. eToro has agreed to acquire Spaceship, expanding its local business and suite of offerings. ... |
| | | | ... private equity group now owns 55% of CFS which it acquired from Commonwealth Bank of Australia. Incidentally, KKR is also set to acquire the corporate trust and wealth divisions of ASX-listed Perpetual in a $2 billion deal set to be finalised next year. ... |
| | | | ... definitions for green and transition finance, enhancing consistency," McMahon said. Regulators globally have their sights set on AI and digital technology regulation, the report found, though the rules and pace of change varied greatly between jurisdictions ... |
| | | | GQG Partners was hit with a US$500,000 fine by the US Securities and Exchange Commission (SEC) for violating whistleblower protection laws via the use of non-disclosure agreements (NDAs). The watchdog found NDAs the fund manager entered with 12 potential ... |
| | | | Three Pitcher Partners executives have set off to launch Viola Private Wealth, an ultra-high-net-worth financial advice firm spearheaded by Charlie Viola. Viola, together with founding partners Sean Ward and Andrew Levi, bought out operational aspects ... |
| | | | Significant growth of the superannuation sector has set off alarm bells for the Reserve Bank of Australia (RBA). In the RBA's September Financial Stability Review, it said the super sector's growth and connections to Australian banks has increased its ... |
| | | | Household wealth rose for the seventh consecutive quarter - rising 1.5% or $250 billion - in June 2024, according to data from the Australian Bureau of Statistics (ABS). Total household wealth was $16.5 trillion in the June quarter, which was 9.3% ($1.4 ... |
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