DNR Capital establishes global SMID boutique

DNR-Capital/small-cap/mid-caps/equities/australian-equities/

DNR Capital has announced the launch of a specialist global small and mid-cap equity manager, as it also welcomes its second portfolio manager on board.

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Are you with Australia’s best growth superannuation fund of FY24?

Superannuation/super-funds/Chant-West/performance/

Analysis by Chant West of the annual performance of growth superannuation funds has uncovered which ones see the best performance.

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Seeking advisers leaving the large licensee rat race

M&A/self-licensed/financial-advice/licensees/AFSL/regional/

A national financial advice firm is targeting advisers looking to leave large licensees and providing them with tools and financial backing to run their own business.

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Praemium bleeds $414m in quarterly net outflows

praemium/platforms/investment-platform/anthony-wamsteker/

Praemium has seen net outflows of $414 million over the June quarter with Powerwrap outflows eight times higher than the previous quarter, and the platform expects this to continue for another six months.

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Clime IM appoints acting MD after Donat’s exit

Clime-Investment-Management/Clime/Annick-Donat/appointments/

Clime Investment Management has appointed an acting managing director following the resignation of group chief executive Annick Donat.

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DASH to acquire $10.6bn FUA portfolio solution

dash/platforms/investment-platform/financial-planning-software/mergers-and-acquisitions/

The financial planning technology group has entered into a binding share purchase agreement to acquire Integrated Portfolio Solutions, set to bring DASH’s FUA above $15 billion.

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Merlon buys out Fidante stake in business

Fidante/merlon-capital-partners/merlon/acquisition/M&A/

Fund manager Merlon Capital Partners has announced it has acquired the minority stake in the business previously owned by Fidante.

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Former Qld adviser permanently banned

banning/ASIC/financial-advice/

A former Queensland-based financial adviser has been permanently banned by ASIC from providing financial services.

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PGIM Real Estate introduces $750m Aussie debt fund

pgim/real-estate/real-estate-debt/bonds/fixed-income/

PGIM’s real estate investment management business has launched its first Australian real estate debt strategy, which is on track to meet its target of $750 million.

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Aussie small-cap managers announce merger

Monash-Investors/small-cap/micro-caps/M&A/

Two Australian small-cap asset managers have announced they are seeking to merge their businesses.

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