Mason Stevens has become the latest target of an acquisition as it enters a binding agreement with Adamantem Capital. Based in Sydney, private equity firm Adamantem manages over $2 billion in assets ...

The board of Insignia Financial has reached a decision regarding the possible acquisition of the firm by US private equity giant Bain Capital. Last week, it was announced that the licensee had ...

AMP non-executive director Kathleen Bailey-Lord and Iress non-executive director Susan Forrester have been appointed to the national board of the Australian Institute of Company Directors (AICD).

The Asia-Pacific region has experienced the highest growth rate of billionaires over the last decade, as Australian advisers shift their offerings to meet this expansion. The UBS Billionaire Ambitions ...

Wealth manager JBWere has announced the launch of two new fixed income strategies for wholesale clients, backed by UBS Asset Management (UBS AM). The new funds aim to meet the growing demand for ...

Shareholders in listed advice licensees have seen a good 2024 as six of the seven major players reported positive share price growth. Looking at share price performance from 1 January to 17 December, ...

An independent expert has ruled the Perpetual deal with KKR is no longer in the best interest of shareholders in light of the increased tax liabilities. Last week, it was announced that the Australian ...

AZ NGA is seeking to triple in size over the next five years as Oaktree Capital Management completes its $240 million investment in the company. On Tuesday morning, AZ NGA and Azimut announced they ...

ASIC has announced its finalised industry funding levy for financial advisers for the 2023–24 financial year. In July, the regulator published an estimated industry funding levy for the 2023–24 ...

Former Magellan managers Michael Poulsen and Kris Webster have shared their learnings from setting up and running their own boutique fund manager Canopy Investors. The pair previously worked together ...

Ares Management has announced a new offering aimed at providing Australian wholesale clients, investors access to its private equity investment strategies, anchored in secondary investments. It has ...