News

Insignia Financial has experienced total net outflows of $1.8 billion in the most recent quarter as a result of client rebalancing. In its quarterly results for the three months to 31 March, it said ...
Prime Financial has flagged larger transactions will become a hallmark of its M&A strategy moving forward, as it seeks to step away from its “sleeping giant” reputation. Earlier this week, the firm ...
Pinnacle Investment Management affiliate Langdon Equity Partners has expanded its reach with the opening of an office in London. The Canadian firm became an affiliate of Pinnacle in 2021 and invests ...
Recruitment firm Kapital Consulting, which specialises in recruiting technology roles for financial services firms including investment and asset managers, has detailed salaries for technology roles.
Rose Partners, which has a strategic partnership with AZ NGA, has purchased an advisory and accounting business based in Queensland. The Melbourne-based accounting and advisory firm announced the ...
Australia’s “sophisticated” financial services industry is a magnet for offshore fund managers, according to a global firm. Financial advisers are increasingly looking to ETFs as an investment vehicle ...
The latest Morningstar asset manager survey believes ETF providers are likely to retain the market share they have gained from active managers. The firm’s Asset Manager 2025 Outlook covered the ...
Having rejected the possibility of going ASX-listed, Mason Stevens’ CEO details why the wealth platform went down the private equity (PE) route and how it intends to accelerate its growth ambitions.
Investment information firm Equity Story has signed a binding heads of agreement to acquire South Australian financial advisory and stockbroker Baker Young. The firm said the acquisition will enhance ...
Insignia Financial has provided an update on the status of its private equity bidders as an initial six-week due diligence period comes to an end. Both bidders have been granted an extra four weeks to ...
A former financial adviser has been sentenced after stealing $4.4 million from clients, family and friends to feed his gambling addiction. Anthony Del Vecchio pled guilty to 24 charges of obtaining ...
Net cash flow on AMP’s platforms saw a substantial jump in the last quarter to $740 million as a result of the firm seeking to make North a preferred platform for financial advisers. In its results ...