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The days of “lunch and a handshake” are long gone for alternative fund managers, Bain & Company has said, as a slick sales organisation is needed if they are to benefit f...

The increased bids for Insignia from Bain and CC Capital value the company at $3.3 billion, while there is still a possibility for competing bids from rival players such ...

AMP and Clime Investment Management have shared how they are harnessing the power of social media to help the firms reach a younger demographic and increase brand awarene...

Ares Management is the latest fund manager to enact alternatives M&A, completing the acquisition of the international business of GLP Capital Partners to create a firm wi...

The number of Australian individuals with more than US$10 million in assets has passed 42,000, rising by 3.9 per cent over the past year....

A former Northern Territory financial adviser has received a seven-year ban from ASIC, having been convicted of supplying dangerous drugs and receiving or possessing the ...

Both Bain Capital and CC Capital have made revised bids for Insignia Financial after completing a period of due diligence....

Milford is to launch three funds following consultation with financial advisers while closing two other strategies which hold a small volume of assets....

The advice industry has reached triple-digit gains for the calendar year to date, with two licensees seeing gains of five during the week....

A founding member of fund manager IML is to depart the firm later this year after 27 years....

Targeting market leadership in digital advice, Bravura’s digital solutions are now available to over 6 million superannuation fund members. ...

Magellan Financial Group reported outflows of $0.5 billion in February but saw a slight increase in its infrastructure division despite the exit of head Gerald Stack....

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MARKET INSIGHTS

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

1 day 10 hours ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

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So we are now underwriting criminal scams?...

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Australian retirees could increase their projected annual incomes by as much as 51 per cent through comprehensive financial advice, according to a Vanguard study, but cos...

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After last month’s surprise hold, the Reserve Bank of Australia has announced its latest interest rate decision....

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Libby Roy has been appointed as an independent non-executive director on the board of AZ NGA....

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