Viola Private Wealth welcomes inaugural CIO

wealth-management/chief-investment-officer/appointment/

As Viola Private Wealth continues on its growth trajectory, the wealth management firm has appointed a seasoned investment professional to be its first chief investment officer.

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MA Financial sets its sights on $15bn AUM

private-credit/funds-management/private-markets/Alternatives/

MA Financial’s AUM surpassed $10 billion in its 2024 full-year results, as the alternative asset manager looks to achieve $15 billion in AUM by the end of next year.

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Mindset shift needed among advisers to maximise AI potential

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Financial advisers who wish to implement artificial intelligence in their practices need to undergo a change in their mindset as to how they use technology.

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HUB24 maintains top platform position for 3rd year

investment-trends/platforms/HUB24/netwealth/

Investment Trends has named HUB24 as the top investment platform in terms of overall functionality for the third year in a row.

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Nikko AM announces alts joint venture

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Nikko Asset Management has formed a joint venture with an Asian private asset manager, the latest in a series of alternatives deals by fund managers.

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Sequoia loses 5 advisers as new AFSL opens

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Sequoia Financial Group has declined by five financial advisers in the past week, four of whom have opened up a new AFSL, according to Wealth Data.

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Insignia’s Hartley seeks to expedite 3-way M&A process

insignia/insignia-financial/M&A/Scott-Hartley/private-equity/financial-advice/

Insignia Financial chief executive Scott Hartley has detailed whether the firm will be selecting an exclusive bidder for the second phase of due diligence as it awaits revised bids from three private equity players.

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Magellan reports 1H25 results amid appointment shuffle

Magellan/Magellan-Financial-Group/Magellan-asset-Management/Sophia-Rahmani/

Magellan Financial Group has reported its first half FY25 results while appointing a new chief financial officer and promoting Sophia Rahmani to chief executive.

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Netwealth sees 80% rise in net flows

netwealth/platform/private-markets/matt-heine/

Platform Netwealth has reported its financial results for the first half of FY25, reporting an 80 per cent increase in net flows, with its CEO viewing a “huge opportunity” from private assets.

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Schroders expands active ETF range with 2 launches

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Schroders Australia has launched two active ETFs and plans to further expand its listed range over the year ahead.

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