Managed accounts see 23% jump in net inflows

managed-accounts/IMAP/separately-managed-accounts/funds-under-management/

Managed accounts saw net inflows of $14.3 billion in the six months to 31 December, according to the latest IMAP FUM census.

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Perpetual promotes executive to head up business transformation

Perpetual/hires/appointments/wealth-management/

Perpetual has promoted an executive to the role of chief transformation officer as it enacts plans to sell its wealth management division.

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5 questions when considering a semi-liquid fund

private-markets/private-equity/financial-advice/bfinance/

Bfinance Australia has shared five questions to ask when considering a semi-liquid private equity fund as their assets under management reach US$30 billion.

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Distribution shake-up needed to reach coveted private wealth market

private-markets/private-equity/distribution/business-development-manager/

The days of “lunch and a handshake” are long gone for alternative fund managers, Bain & Company has said, as a slick sales organisation is needed if they are to benefit from the huge source of capital in private investors.

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GQG sees net flows decline in February

GQG-Partners/gqg/FUM/fund-managers/

GQG Partners has announced its funds under management for February, but reported lower net flows during the month.

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Insignia bids raise company value to $3.3bn

insignia/insignia-financial/financial-advice/

The increased bids for Insignia from Bain and CC Capital value the company at $3.3 billion, while there is still a possibility for competing bids from rival players such as Brookfield.

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Beyond cat videos: AMP and Clime IM harness social media

Clime/amp/social-media/retail/

AMP and Clime Investment Management have shared how they are capitalising on the power of social media to help the firms reach a younger demographic and increase brand awareness.

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HNWIs on the rise in Australia

Australian-HNWI/HNWIs/wealth-management/commercial-property/

The number of Australian individuals with more than US$10 million in assets has passed 42,000, rising by 3.9 per cent over the past year.

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Ares completes alts acquisition to create US$525bn manager

Ares/Ares-Management-Corporation/M&A/Alternatives/

Ares Management is the latest fund manager to enact alternatives M&A, completing the acquisition of the international business of GLP Capital Partners to create a firm with US$525 billion in assets under management.

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Former NT adviser receives 7-year ban after dangerous drug conviction

ASIC/crime/

A former Northern Territory financial adviser has received a seven-year ban from ASIC, having been convicted of supplying dangerous drugs and receiving or possessing the proceeds of their sale.

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