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Investment

AMP delivers 33% profit jump

ELIZA BAVIN  |  THURSDAY, 6 AUG 2026
AMP chief executive Blair Vernon said the positive results reflect momentum in AMP's wealth and retirement businesses.

Bain Capital snaps up Gong cha in global growth push

VINNY VUCAGO  |  THURSDAY, 6 AUG 2026
Bain Capital has agreed to acquire bubble tea giant Gong cha Global from private equity firm TA Associates, adding another consumer brand to a growing list of acquisitions as the firm continues its global expansion.

BlackRock urgers broader diversification

VINNY VUCAGO  |  WEDNESDAY, 5 AUG 2026
BlackRock is urging financial advisers to move beyond traditional approaches to diversification, arguing heightened geopolitical uncertainty, artificial intelligence (AI) and structural economic shifts require more dynamic portfolio construction.

Warburg Pincus private equity strategy launches

KARREN VERGARA  |  WEDNESDAY, 5 AUG 2026
Warburg Pincus' private equity strategy is now available to Australian wholesale investors.

Pinnacle profits up amid heightened expenses

MATTHEW WAI  |  WEDNESDAY, 5 AUG 2026
Despite heightened expenses of $95.3 million in FY26, reflected by losses from its principal investments, Pinnacle Investment Management (ASX: PNI) saw its net profit after tax (NPAT) surge to over $30 million, with affiliates' funds under management ...

Findex expands in Adelaide with Wakeful acquisition

VINNY VUCAGO  |  TUESDAY, 4 AUG 2026
Findex has strengthened its South Australian presence with the acquisition of Adelaide based accounting, tax and self-managed superannuation (SMSF) firm Wakeful Partners.

Centuria Office REIT posts 379% jump in profit

RIDDHIMA TALWANI  |  TUESDAY, 4 AUG 2026
Centuria Office REIT (ASX:COF) has reported a profit of $55.2 million in the 2026 financial year, a 379% jump from the $19.8 million loss reported in the previous year.

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%.

HSBC Australia sells $36b retail loan book to Blackstone

RIDDHIMA TALWANI  |  FRIDAY, 31 JUL 2026
HSBC Australia will sell its portfolio of local home loans and personal loans valued at $36 billion to Blackstone.

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

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