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Investment

Perpetual flags $153.7m impairment

ELIZA BAVIN  |  THURSDAY, 21 AUG 2025
Perpetual has flagged a FY25 non-cash impairment of $153.7 million resulting from "greater than expected" net outflows.

Salter Brothers acquires Causeway AM

ELIZA BAVIN  |  THURSDAY, 21 AUG 2025
Salter Brothers has acquired Causeway Asset Management saying the combined capability has already garnered interest from several investment partners.

Global X ETFs on a hiring spree, readies for $12bn FUM

MICHELLE BALTAZAR  |  THURSDAY, 21 AUG 2025
Global X ETFs can't seem to stop hiring, adding five new team members to its operations this month as its asset base tips over $11 billion in June, well ahead of its FUM target.

Mutual Trust appoints family office specialist

MICHELLE BALTAZAR  |  THURSDAY, 21 AUG 2025
Mutual Trust, the country's largest multi-family office, recruits the founder of the Women in Family Business Network to join its expanding team.

Euroz Hartleys in 'early stage' talks with big investor

KARREN VERGARA  |  WEDNESDAY, 20 AUG 2025
Euroz Hartleys Group confirmed it is in the "early stages" of discussions with the Bank of Montreal (BMO) for the latter to potentially make a strategic stake in the Perth-based financial services company.

Vinva, Barrenjoey buoy Magellan's earnings

KARREN VERGARA  |  WEDNESDAY, 20 AUG 2025
Vinva Investment Management and Barrenjoey Capital Partners helped bolster Magellan Financial Group's (MFG) earnings in the 2025 financial year, offsetting lukewarm performance in the investment management business.

Fidante loses $11.4bn in insto money

KARREN VERGARA  |  TUESDAY, 19 AUG 2025
Challenger's Fidante Partners lost $11.4 billion in institutional client money in the last financial year with the majority of it exiting fixed income investments.

HMC Capital sees AUM soar 47%

ELIZA BAVIN  |  TUESDAY, 19 AUG 2025
HMC Capital has reported assets under management climbed 47% in FY25 to $18.7 billion.

Ares launches wholesale infrastructure fund

ELIZA BAVIN  |  TUESDAY, 19 AUG 2025
Ares Management has launched the Ares Core Infrastructure Fund for Australian wholesale investors.

Aberdeen to terminate three funds

MATTHEW WAI  |  MONDAY, 18 AUG 2025
Aberdeen Investments is shutting down three funds due to declining investor demand, which has seen the funds diminish in size.