The number of Australian individuals with more than US$10 million ($15.7 billion) in assets has passed 42,000, rising by 3.9 per cent over the past year. Currently, there are 42,789 individuals with ...

Ares Management is the latest fund manager to enact M&A in the alternatives space, completing the acquisition of the international business of logistics and real estate asset manager GLP Capital. With ...

Both Bain Capital and CC Capital have made revised bids for Insignia Financial after completing a period of due diligence. The two parties both increased their bids from $4.60 per share to $5.00 per ...

On this episode of Relative Return Unplugged, host Maja Garaca Djurdjevic is joined by AMP’s chief economist Shane Oliver to break down the Reserve Bank of Australia’s long anticipated rate cut to 4.1 ...

PIMCO has confirmed the departure of its local managing director and named the successor to take up the position. Rob Mead has served at the fund manager for more than two decades and is currently its ...

Natixis Investment Managers has explored how financial advisers can leverage derivative income exchange-traded funds (ETFs) to enhance income generation. According to the investment management firm, ...

Active management in fixed income remains a compelling strategy, leveraging market inefficiencies to generate excess returns and manage risk, often more effectively than passive alternatives. Some ...

Key advice industry stakeholders have formed a committee to standardise fee reporting for SMAs following an explosion of growth in the asset class over recent years. The last five years have seen ...

Clime Investment Management has appointed a portfolio manager on its Clime International Fund, who transitions from a role as a private bank financial adviser. Adam Sferruzzi is based in Adelaide and ...

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year. Since the acquisition of AMP’s financial advice business, its entities AMP Financial Planning, ...

Magellan Financial Group reported outflows of $0.5 billion in February, according to its latest funds under management (FUM) update. In an ASX update, the firm said it saw institutional outflows of $0 ...

The rebranding of AMP advice division brings to an end a 176-year history for the firm in the advice space. AMP was founded in 1849 as the Australian Mutual Provident Society (AMP), offering life ...