MetLife to acquire PineBridge in US$1.2bn deal
MetLife Investment Management has confirmed it will acquire PineBridge Investments as it looks to accelerate further growth in asset management.
MetLife Investment Management has confirmed it will acquire PineBridge Investments as it looks to accelerate further growth in asset management.
The acquisition of Mason Stevens by private equity firm Adamantem Capital demonstrates the value of outsourced chief investment solutions to the financial planning arena.
Private debt has “plenty of room for growth”, according to global fund manager BlackRock, and will be helped by a number of tailwinds in the next five years.
The global investment manager has appointed a head of alternative credit to lead the expansion of its emerging market alternative credit platform.
As financial advisers enter the new year, Assured Support shares eight strategies to help advice businesses thrive through focused and consistent planning.
Unveiling its performance for the calendar year 2024, AMP has noted a “careful” investment in bitcoin futures proved beneficial for its superannuation members.
KPMG’s analysis has revealed which generation has the highest ownership of shares, with younger generations demonstrating a more cautious approach due to financial stress.
Insignia Financial has received a takeover bid from a second US firm, topping Bain Capital’s offer with a bid of $4.30 per share.
Sanlam Private Wealth has admitted to breaching its AFSL obligations in areas such as failing to have an adequate number of experienced responsible managers and provided a court enforceable undertaking to ASIC.
Expanded product ranges fuelled by M&A will be critical for wealth and asset managers to compete in 2025, according to EY’s wealth and asset management leader Rita Da Silva.