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Showing 81 - 90 of 618 results for "Wealth manager"

CC Capital outbids Bain again, increases Insignia offer

JAMIE WILLIAMSON  |  FRIDAY, 17 JAN 2025
... Insignia Financial, Morningstar analysts described the offer as "relatively attractive" and said it vindicated the wealth manager's improved fundamentals. Morningstar analyst Shaun Ler said at the time that the proposal also vindicated the research house's ...

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. ...

Insignia denies yet another takeover bid

ELIZA BAVIN  |  FRIDAY, 10 JAN 2025
... a $2.9 billion takeover offer late last year. On 18 December 2024, Insignia rejected Bain's offer with the wealth manager saying the board believed the proposed transaction didn't adequately represent fair value to its shareholders. Kicking off ...

Iress wealth technology lead exits

MATTHEW WAI  |  THURSDAY, 19 DEC 2024
Iress' wealth manager chief technology officer Anthony Gerrits has called time on his tenure at the financial service technology software firm after seven years. Iress has confirmed the search of his replacement is currently underway. In the role, which ...

Insignia rejects Bain Capital takeover proposal

ANDREW MCKEAN  |  WEDNESDAY, 18 DEC 2024
... 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 doesn't ...

Perpetual takeover 'not in the best interests of shareholders'

ANDREW MCKEAN  |  TUESDAY, 17 DEC 2024
... Kravis Roberts (KKR) has been deemed not in the best interests of shareholders. An independent expert informed the wealth manager that the risk and magnitude of increased potential tax liabilities, if the transaction were to be implemented, mean that ...

AMP nabs Mercer wealth manager

ELIZABETH FRY  |  THURSDAY, 12 DEC 2024
Mercer Australia's wealth management business has lost its strategic relationship leader to the AMP superannuation and investments team. On Monday, John Allmey joined the firm as national manager of strategic partnerships. In his new role, Allmey ...

Nuveen extends private credit fund to Australian investors

ELIZA BAVIN  |  TUESDAY, 3 DEC 2024
Nuveen has extended access to its private capital platform to Australian wholesale investors via the launch of the Nuveen Churchill Private Credit Income Fund. Nuveen said the fund has already secured early investment from a range of Australian wealth ...

DWS, S64 launch sustainable infrastructure offering

MATTHEW WAI  |  MONDAY, 18 NOV 2024
DWS has launched a sustainable infrastructure focussed Wholesale Australian Unit Trust for Australian private wealth managers in a partnership with S64, the alternatives fintech. The offering empowers financial intermediaries to distribute private markets ...

Admin and compliance taking up 56% of advice practice costs

ELIZA BAVIN  |  MONDAY, 18 NOV 2024
Fintech firm elemnta has released new research looking at data-related challenges impacting Australia's wealth management sector. The research highlights data fragmentation and lack of standardisation as the primary hurdles preventing scalable ...