Growth ahead but don’t get caught in the raw
Anyone studying the returns for growth assets over the last 3 years (see table below) could be excused for thinking that inflation was still alive and well. The reality, however, is that in the last 3-4 years we have experienced the lowest rate of inflation for 20 years.
ASSET CLAS
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Intelliflo has been acquired by global investment firm Carlyle for $200 million, stating it wants to accelerate the software firm’s growth in Australia.
Asset and wealth manager Prime Financial Group is looking to M&A and technology for future growth after growing its FUM by 58 per cent in FY25.
Centrepoint Alliance, the third-largest advice licensee, has reported 40 per cent growth in its managed accounts business, but profits fell by a third.
Prosperity Advisers Group, a mid-tier advisory firm, has surpassed $1 billion in funds under management, hitting this milestone following a “sustained period of growth for the firm”.