Acquisitions helped Macquarie Asset Management grow its assets under management by 22% but base fees and performance fees were both down during FY21....
Centrepoint’s acquisition of Clearview’s advice business will create a new combined entity that will be one of the largest financial planning groups in the country in ter...
Sequoia will continue to acquire mid-tier licensee service businesses to provide services to 1,000 advisers by 2025....
While several companies are potential merger and acquisition targets, much of this is ‘opportunistic’ targeting of businesses impacted by COVID-19 so investors would be u...
There are three sectors which could see increased merger and acquisition activity this year, according to Wealth Within’s Dale Gillham, as companies seek to utilise exces...
Advisers looking to sell their business as they exit the industry are likely to have to sell at a lower price than they expected because of the uncertain environment....
Companies are sitting with excess cash on their balance sheets following the pandemic, writes Catherine Allfrey, so they will have to work out how best to put this to use...
There is an estimated $100 billion in cash sitting on company balance sheets following the pandemic with the expectation for increased buybacks and acquisitions, say comm...
Singapore-based Ascent Fund Services, which is seeking to list on the Australian Securities Exchange, has appointed Eric Koolen to lead its Australian expansion....
Fund administrator Mainstream has terminated its scheme implementation deed with SS&C after it failed to beat an offer by Apex....
If AMP’s joint venture with Ares around its private markets business comes to fruition it will have topped up the company’s commercial war chest but reshaping the advice ...
A number of Godfrey Pembroke firms may be moving as a group to the new IOOF licenses but another significant firm has chosen to go its own way by joining Count Financial....
OneVue has formally transitioned to Iress and de-listed from the Australian Securities Exchange with founder Connie Mckeage stepping back to a consultancy position....
AMP has confirmed the opening bid from US private equity player, Ares, is valued at $1.85 per share....
Xplore Wealth shareholders have benefitted from the firm’s acquisition by HUB24 after shares rose 216%....
So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...
This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...
So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...