Platinum outflows improve by 65%
Platinum Asset Management has released its latest funds under management, with outflows notably improving from the $841 million lost in November.
Platinum Asset Management has released its latest funds under management, with outflows notably improving from the $841 million lost in November.
With numerous private equity firms taking an interest in Australia, Money Management explores their backgrounds and the leading players who could take a stake.
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.