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Showing 1 - 10 of 110 results for "High-net-worth investor"

Apollo, State Street plot private markets ETF

JAMIE WILLIAMSON  |  THURSDAY, 12 SEP 2024
Apollo Global Management and State Street Global Advisors are working together to bring a private credit ETF to market in the US. Capitalising on the speedy growth of private markets in recent times, the two parties want to ensure investors of all types ...

Australia sees modest uptick in HNWIs: Study

CHLOE WALKER  |  MONDAY, 18 SEP 2023
... increased by 10,000 in the past year to 635,000, according to Investment Trends' latest research. The 2023 High Net Worth Investor Report, sponsored by Praemium, is based on a quantitative online survey conducted between June and July in which 1531 high-net-worth ...

Mercer picked to advise Pengana Credit

CASSANDRA BALDINI  |  WEDNESDAY, 26 JUL 2023
Mercer has been appointed as the investment advisor for Pengana Capital Group's recently launched private credit arm, making it the first appointment of its kind for the former's Australian business. Pengana will look to leverage Mercer's global ...

Crestone to be acquired by LGT Group

JAMIE WILLIAMSON  |  WEDNESDAY, 15 DEC 2021
Crestone Wealth Management is set to be acquired by one of the world's largest privately owned wealth managers, LGT Group. Under the agreement, LGT Group will acquire 100% of Crestone for $475 million. "The proposed transaction would enable Crestone ...

ASIC cracks down on investment guru

ELIZABETH MCARTHUR  |  TUESDAY, 11 MAY 2021
A self-styled investment guru and social media wealth expert has had her Australian credit licence cancelled by ASIC. Dominique Grubisa lost her licence for her company Master Wealth Control on the basis that the business was not engaging in the credit ...

BetaShares targets HNW market with new role

ELIZA BAVIN  |  TUESDAY, 16 MAR 2021
... groups and will be responsible for leading BetaShares' activities in the private bank, family office and high net worth investor space. Pattison joins BetaShares from Legg Mason (now Franklin Templeton) where he was director of sales and oversaw the ...

Generation flags Ascalon closure

ANNABELLE DICKSON  |  THURSDAY, 19 NOV 2020
ASX-listed Generation Development Group has confirmed its intention to wind up Ascalon Capital Managers, just two years after acquiring it from Westpac. It also announced plans to launch an income fund and a lifetime annuity. Generation has announced ...

Wealthy Aussies panic buy life insurance

ANNABELLE DICKSON  |  MONDAY, 17 AUG 2020
High net worth investors have resorted to panic buying life insurance products as a result of the COVID-19 pandemic despite low trust in the providers, according to the latest research from GlobalData. The analytics and data firm's 2020 Global Wealth ...

Platforms reveal merger details

ANNABELLE DICKSON  |  FRIDAY, 31 JUL 2020
... have access to the full suite of enhanced Praemium technology, strengthening the ability to serve the high net worth investor (HNWI) segment. "Praemium's capabilities with respect to reporting, and in particular tax reporting, offer a significant competitive ...

Receivers appointed to Mayfair 101 entity

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 MAY 2020
Receivers have been appointed to Mayfair 101's IPO Wealth, with Mayfair slamming the decision by the trustee and claiming this won't harm its Dunk Island development. Vasco Trustees Limited, the trustee of IPO Wealth, advised that on 22 May ...
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