Payton Capital creates head of credit role

Alternatives/private-credit/funds-management/

Payton Capital has appointed a head of credit to its ranks, representing a key step in its growth strategy as it builds out its private credit platform under HMC Capital.

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Perpetual scraps KKR deal

Perpetual/KKR/

Perpetual has made a major announcement about its deal with KKR after an independent expert ruled it would not be in the best interest of shareholders.

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‘Clear skies ahead’ for Clime IM after cost out completion

Clime/Clime-Investment-Management/board/appointments/infocus/Madison/

Clime’s disposal of advice licensee Madison “needed to happen yesterday”, managing director Michael Baragwanath has told Money Management, as he concludes a severe cost-out period at the business.

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What is AFCA ruling on UGC determinations?

AFCA/CSLR/compensation/complaints/

With United Global Capital expected to constitute a substantial portion of CSLR compensation in FY25–26, what has AFCA ruled in its determinations on the company so far?

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Viola Private Wealth welcomes inaugural CIO

wealth-management/chief-investment-officer/appointment/

As Viola Private Wealth continues on its growth trajectory, the wealth management firm has appointed a seasoned investment professional to be its first chief investment officer.

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MA Financial sets its sights on $15bn AUM

private-credit/funds-management/private-markets/Alternatives/

MA Financial’s AUM surpassed $10 billion in its 2024 full-year results, as the alternative asset manager looks to achieve $15 billion in AUM by the end of next year.

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Mindset shift needed among advisers to maximise AI potential

artificial-intelligence/financial-advisers/vanguard/advice-technology/

Financial advisers who wish to implement artificial intelligence in their practices need to undergo a change in their mindset as to how they use technology.

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HUB24 maintains top platform position for 3rd year

investment-trends/platforms/HUB24/netwealth/

Investment Trends has named HUB24 as the top investment platform in terms of overall functionality for the third year in a row.

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Nikko AM announces alts joint venture

Nikko/Nikko-AM/Nikko-Asset-Management/Alternatives/

Nikko Asset Management has formed a joint venture with an Asian private asset manager, the latest in a series of alternatives deals by fund managers.

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Sequoia loses 5 advisers as new AFSL opens

Sequoia-financial-group/Sequoia/Wealth-Data/adviser-numbers/

Sequoia Financial Group has declined by five financial advisers in the past week, four of whom have opened up a new AFSL, according to Wealth Data.

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