Mason Stevens has become the latest target of an acquisition as it enters a binding agreement with Adamantem Capital. Based in Sydney, private equity firm Adamantem manages over $2 billion in assets ...

The board of Insignia Financial has reached a decision regarding the possible acquisition of the firm by US private equity giant Bain Capital. Last week, it was announced that the licensee had ...

AMP non-executive director Kathleen Bailey-Lord and Iress non-executive director Susan Forrester have been appointed to the national board of the Australian Institute of Company Directors (AICD).

The Asia-Pacific region has experienced the highest growth rate of billionaires over the last decade, as Australian advisers shift their offerings to meet this expansion. The UBS Billionaire Ambitions ...

Wealth manager JBWere has announced the launch of two new fixed income strategies for wholesale clients, backed by UBS Asset Management (UBS AM). The new funds aim to meet the growing demand for ...

Shareholders in listed advice licensees have seen a good 2024 as six of the seven major players reported positive share price growth. Looking at share price performance from 1 January to 17 December, ...

ASIC has announced its finalised industry funding levy for financial advisers for the 2023-24 financial year. In July, the regulator published an estimated industry funding levy for the 2023-24 ...

Former Magellan managers Michael Poulsen and Kris Webster have shared their learnings from setting up and running their own boutique fund manager Canopy Investors. The pair previously worked together ...

Ares Management has announced a new offering aimed at providing Australian wholesale clients, investors access to its private equity investment strategies, anchored in secondary investments. It has ...

Hot on the heels of the Insignia Financial bid, experts believe rival licensee AMP and technology firms could be next on the list for private equity firms looking to enter the Australian market. Last ...

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