The global asset manager has announced a new chief executive to succeed Abdallah Nauphal, who has helmed the firm for nearly 20 years.
Regal Partners has announced a strong December quarter and 2024 calendar year performance, with funds under management climbing to $18 billion as at 31 December 2024.
GQG Partners has announced a decline in funds under management in December, fuelled by redemptions from its institutional channel, but annual net flows doubled to US$20.3 billion.
The ethical fund manager has appointed a new business development manager from Count with the aim of driving growth and enhancing support for financial advisers.
Centuria Bass Credit has appointed a former Wallabies vice-captain and Rugby World Cup-winning player as deputy CEO.
Magellan has estimated performance fees for the second half of 2024 will be $6 million, compared to “immaterial” fees in the same period a year ago.
As companies look to refine portfolios and adapt to regulatory changes, legal experts have flagged the financial services sector as one of the standout areas for M&A in the new year, particularly from overseas players.
MetLife Investment Management has confirmed it will acquire PineBridge Investments as it looks to accelerate further growth in asset management.
The acquisition of Mason Stevens by private equity firm Adamantem Capital demonstrates the value of outsourced chief investment solutions to the financial planning arena.
Private debt has “plenty of room for growth”, according to global fund manager BlackRock, and will be helped by a number of tailwinds in the next five years.
