ACQUISITION

Funds management

The resolution to approve the scheme of arrangement under which HUB24 will acquire all shares in Class has been approved by Class shareholders....

image
Funds management

Concluding weeks of negotiations, Wilson Asset Management has acquired the PM Capital Asian Opportunities Trust, although it required increasing its bid....

image
Financial planning

Sequoia Financial Group has announced the completion of the acquisition of the incorporated legal practice previously known as Topdocs Legal....

image
Funds management

Multi-boutique asset management firm, Pacific Current Group, has acquired a 35% stake in the US-based private equity real estate firm, Banner Oak Capital Partners....

image
Superannuation

HUB24 and Class have simplified the scheme consideration of the scheme implementation deed under which HUB24 agreed to acquire all Class shares....

image
Funds management

Carlyle Asia Partners has been given access to Link’s executive leadership and the firm has received another unsolicited proposal to acquire its banking and credit manage...

image
Funds management

Link Group will provide due diligence for Carlyle so that it can develop a revised proposal that is not subject to further due diligence....

image
Superannuation

The boards of Sydney Airport have recommended shareholders approve the 100% acquisition which will see security holders receive $8.75 per share....

image
Financial planning

CountPlus has announced the acquisition of Accurium from Challenger to expand its core service delivery to accounting firms and self-managed super funds. ...

image
Superannuation

The 100% acquisition is expected to accelerate HUB24’s platform strategy and consolidate the group’s position as a provider of integrated platforms, technology and data s...

image
Financial planning

AZ Next Generation Advisory has announced the acquisition of RI Newcastle and Lower Hunter in the New South Wales Hunter Region....

image
Financial planning

Since the acquisition of MLC, the firm has focused on organisational design which has resulted in its chief information officer leaving IOOF....

image
Funds management

The airport has received a third non-binding proposal from an IFM-led consortium for an acquisition and intends to grant the consortium due diligence. ...

image
Funds management

Pinnacle Investment Management has acquired third-party marketing and distribution firm, Winston Capital Partners, in a move to expand its retail distribution footprint. ...

image
Funds management

Acquisitions helped Macquarie Asset Management grow its assets under management by 22% but base fees and performance fees were both down during FY21....

image
sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

3 weeks ago

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

3 weeks 5 days ago

Interesting. Would be good to know the details of the StrategyOne deal....

1 month ago

Insignia Financial has confirmed it is considering a preliminary non-binding proposal received from a US private equity giant to acquire the firm. ...

5 days 14 hours ago

Six of the seven listed financial advice licensees have reported positive share price growth in 2024, with AMP and Insignia successfully reversing earlier losses. ...

1 day 5 hours ago

A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...

4 weeks 1 day ago