Alternative manager to establish $5bn private credit platform

private-credit/macquarie/acquisition/

Alternative asset manager HMC Capital has announced it will acquire private real estate debt manager Payton Capital in a bid to establish a $5 billion private credit platform.

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How to ensure a successful onboarding post-M&A activity

M&A/mergers-and-acquisitions/hiring/

With more and more licensees looking at M&A activity, Business Health has shared 10 suggestions to ensure a successful onboarding process as the two firms come together.

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Former Millennium3 CEO to lead AZ NGA subsidiary

australian-unity/AZ-NGA/insignia/millennium3/

AZ NGA subsidiary Nestworth, which recently acquired the financial advice business of Australian Unity, has appointed a former senior Insignia executive as CEO.

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Genium makes third research appointment from Morningstar

fund-ratings/research-houses/

Research house Genium Investment Partners has made a third appointment from Morningstar in less than a year to work in its newly launched research ratings division.

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Will adviser numbers see greater stability in 2024?

amp/Wealth-Data/Colin-Williams/financial-advisers/

As YTD financial adviser growth approaches parity with 2023, Wealth Data’s Colin Williams is optimistic that adviser losses will be less severe in 2024 due to increasing steadiness in the profession.

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Work/life balance a key attraction in employee retention

recruitment/Robert-Half/remuneration/hiring/employment/

Employers should not panic if remuneration budgets are too stretched to offer salary bumps, according to two recruiters, as staff say they are also attracted to a greater work/life balance when accepting a promotion.

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Directors risking unintentional greenwashing by avoiding ESG obligations

PwC/ESG/Joe-Longo/ASIC/climate-change/climate-change-disclosure/

Failure to meet ESG compliance obligations can leave financial services directors walking a tightrope of risk, according to PwC, as ASIC urges firms to prepare for climate reporting.

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Relative Return: The role of real estate in a portfolio

Podcast/Relative-Return/Premium-Content/

In this episode of Relative Return, host Laura Dew speaks with Andrew Lockhart, managing partner at Metr

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Cromwell doubles down on Australia with European platform sale

Cromwell/Cromwell-property-group/Europe/

The property group has announced the sale of its European funds management platform for $457 million as it looks to Australia and New Zealand for future growth.

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Australian Ethical makes $5.5m acquisition of fixed income manager

Australian-Ethical/Altius-asset-Management/fixed-income/bonds/M&A/

Australian Ethical has announced it has entered into a binding agreement to acquire a sustainable fixed income manager, increasing its FUM by around $2 billion.

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