Allianz Retire+ appoints CEO in leadership shake-up

Allianz/allianz-retire+/CEOs/

Allianz Retire+ has announced major leadership changes with the appointment of a new CEO and distribution heads to help expand its presence across the wealth channel.

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ASIC’s Kirkland reaffirms AFSL surveillance on managed accounts usage

ASIC/managed-account/Alan-Kirkland/IMAP/

ASIC commissioner Alan Kirkland has detailed the regulator’s intentions to conduct surveillance on licensees and advisers who are recommending managed accounts, noting a review is “warranted and timely” given the sector’s growth.

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AMP and HUB24 target heavy adviser growth on platforms

APRA/platforms/HUB24/amp/North/

AMP and HUB24 have shared the areas where they are seeking future adviser growth, with HUB24 targeting adding more than 2,000 advisers to the platform.

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Regal Partners FUM passes $20bn

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Regal Partners has passed $20 billion in funds under management, helped by $723 million in net inflows during the last three months.

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Fidante expands alts offering with London-based affiliate

Fidante/Alternatives/partnership/investment-management/

Global investment manager Fidante has formed a strategic partnership with a London-based asset manager to secure exclusive distribution rights across the APAC region.

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Bravura appoints board leadership as Quinn departs

Bravura-Solutions/chair/appointment/departure/

Bravura Solutions has appointed a new chair and deputy chair to take over from departing Matthew Quinn, while Shezad Okhai picks up another responsibility.

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‘A contact sport’: Advice firms battle for best acquisitions

M&A/advice-firms/Mergers/Acquisitions/

Two advisers say M&A is becoming a “contact sport” as competition heats up to acquire attractive advice firms, while a lack of new entrants creates roadblocks in organic growth opportunities.

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Integro prepares for national expansion with advice head appointment

appointment/hires/expansion/M&A/

Perth advice firm Integro Private Wealth has appointed a head of advice to spearhead a major business development initiative to expand nationwide.

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AZ NGA ups stake in ex-AMP advice firm

amp/M&A/AZ-NGA/Western-Australia/

AZ NGA has taken a larger stake in ex-AMP advice firm Geographe Financial Group, triggering leadership changes as it prepares for future M&A growth opportunities.

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Fortitude launches small-cap PE fund in evergreen structure

private-markets/private-equity/Small-caps/australian-equities/

Private markets manager Fortitude Investment Partners has launched an evergreen small-cap private equity fund.

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