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Showing 1 - 10 of 5657 results for "Asset Management"

Pinnacle profits up amid heightened expenses

MATTHEW WAI  |  WEDNESDAY, 5 AUG 2026
... Pinnacle recorded a 31% increase in NPAT to $176.7 million in FY26. When adjusting for the acquisition of Pacific Asset Management (PAM) and net gains/losses on investments, NPAT was $138 million. Meanwhile, the aggregate of affiliates' FUM was $229.4 ...

Chiodo in ASIC's crosshairs again

KARREN VERGARA  |  TUESDAY, 4 AUG 2026
... would be used for a hotel development in Fiji located in Namuka Bay. Chiodo is the former director of Keystone Asset Management, which is in liquidation. He was also the director and co-founder of CF Capital, the investment manager of the Shield master ...

WAM returns 9.5%, increases dividend

RIDDHIMA TALWANI  |  TUESDAY, 4 AUG 2026
Wilson Asset Management (WAM) ASX-listed portfolio WAM Strategic Value returned 9.5% in the financial year, outperforming the S&P/ASX All Ordinaries Accumulation Index by 3.8%. The board declared an increased fully franked full year dividend of 6.5 ...

HSBC Australia sells $36b retail loan book to Blackstone

RIDDHIMA TALWANI  |  FRIDAY, 31 JUL 2026
... Australia and New Zealand to support corporates, institutions and superannuation funds. It also plans to grow its asset management and private banking businesses in Australia. "HSBC is focused on increasing leadership and market share in the areas where ...

Nesta pulls $247m mandate from Northern Trust over climate stance

VINNY VUCAGO  |  FRIDAY, 31 JUL 2026
... innovation foundation Nesta Trust has transferred £120 million ($247 million) of assets from Northern Trust Asset Management to Amundi after the US manager withdrew from major global climate initiatives, highlighting the growing commercial consequences ...

Insignia divests Antares Capital, Fairview stake to Janus Henderson

KARREN VERGARA  |  FRIDAY, 31 JUL 2026
... wealth manager and broaden the capabilities we provide to clients," Dibadj said. Insignia chief executive of asset management Garry Mulcahy commented the transaction would position both organisations for future growth. "The combination of Janus Henderson's ...

Perpetual rejects EQT bid again as growth continues

VINNY VUCAGO  |  WEDNESDAY, 29 JUL 2026
... quarter, with strong gains in Corporate Trust and Wealth Management helping offset continued net outflows in its Asset Management business. Perpetual chief executive and managing director Bernard Reilly said the group delivered another quarter of growth ...

Warakirri names head of wholesale

MATTHEW WAI  |  WEDNESDAY, 29 JUL 2026
Warakirri Asset Management has appointed a head of wholesale to lead the expansion of its market presence and relationships with consultants, key dealer groups and platforms. Emmanuel (Mani) Papakonstantinos has stepped into the role, reporting to head ...

Pengana threatens legal action against PIA

KARREN VERGARA  |  TUESDAY, 28 JUL 2026
Pengana Capital Group is threatening legal action against Pengana International Equities (PIA) - the Wilson Asset Management-led board LIC - after shareholders overwhelmingly backed a buy-back it objects to, alleging among other things, "material conflicts ...

EQT AB lifts Perpetual bid to $22.50 a share

KARREN VERGARA  |  MONDAY, 27 JUL 2026
... its simplification program, the value of its diversified earnings profile (provided by the corporate trust and asset management businesses) and the execution of the sale of wealth management." The latest development follows Perpetual's rejection ...
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