Platinum outflows improve by 65%

Platinum/Platinum-Asset-Management/outflows/funds-under-management/

Platinum Asset Management has released its latest funds under management, with outflows notably improving from the $841 million lost in November.

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Exploring the major PE players targeting Australia

M&A/KKR/Perpetual/Oaktree-Capital-Management/AZ-NGA/insignia/insignia-financial/private-equity/

With numerous private equity firms taking an interest in Australia, Money Management explores their backgrounds and the leading players who could take a stake.

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Insight Investment to welcome new CEO

Insight-Investment/ceo/

The global asset manager has announced a new chief executive to succeed Abdallah Nauphal, who has helmed the firm for nearly 20 years.

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Regal posts record net inflows for final 2024 quarter

regal-funds-management/Regal-Partners-Limited/

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.

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GQG annual net flows double to US$20.3bn

GQG-Partners/funds-under-management/fund-flows/

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.

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U Ethical sharpens adviser focus with BDM hire

business-development-manager/ethical-investing/

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.

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Former Wallabies vice-captain joins Centuria Bass Credit

Centuria/Centuria-Capital/credit/hires/appointments/

Centuria Bass Credit has appointed a former Wallabies vice-captain and Rugby World Cup-winning player as deputy CEO.

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Magellan sees performance fee improvement in 2H24

Magellan/Magellan-Financial-Group/funds-management/

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.

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Global interest could fuel financial services M&A in 2025

mergers-and-acquisitions/M&A/Herbert-Smith-Freehills/

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.

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MetLife to acquire PineBridge in US$1.2bn deal

PineBridge/MetLife/M&A/

MetLife Investment Management has confirmed it will acquire PineBridge Investments as it looks to accelerate further growth in asset management.

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