Regal posts record net inflows for final 2024 quarter

regal-funds-management/Regal-Partners-Limited/

Regal Partners has announced a strong December quarter and 2024 calendar year performance, with funds under management climbing to $18 billion as at 31 December 2024.

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GQG annual net flows double to US$20.3bn

GQG-Partners/funds-under-management/fund-flows/

GQG Partners has announced a decline in funds under management in December, fuelled by redemptions from its institutional channel, but annual net flows doubled to US$20.3 billion.

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U Ethical sharpens adviser focus with BDM hire

business-development-manager/ethical-investing/

The ethical fund manager has appointed a new business development manager from Count with the aim of driving growth and enhancing support for financial advisers.

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Former Wallabies vice-captain joins Centuria Bass Credit

Centuria/Centuria-Capital/credit/hires/appointments/

Centuria Bass Credit has appointed a former Wallabies vice-captain and Rugby World Cup-winning player as deputy CEO.

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Magellan sees performance fee improvement in 2H24

Magellan/Magellan-Financial-Group/funds-management/

Magellan has estimated performance fees for the second half of 2024 will be $6 million, compared to “immaterial” fees in the same period a year ago.

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Global interest could fuel financial services M&A in 2025

mergers-and-acquisitions/M&A/Herbert-Smith-Freehills/

As companies look to refine portfolios and adapt to regulatory changes, legal experts have flagged the financial services sector as one of the standout areas for M&A in the new year, particularly from overseas players.

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MetLife to acquire PineBridge in US$1.2bn deal

PineBridge/MetLife/M&A/

MetLife Investment Management has confirmed it will acquire PineBridge Investments as it looks to accelerate further growth in asset management.

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OCIO firms experiencing ‘perfect storm’ of demand

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The acquisition of Mason Stevens by private equity firm Adamantem Capital demonstrates the value of outsourced chief investment solutions to the financial planning arena.

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BlackRock forecasts boom for private debt

blackrock/private-markets/private-debt/private-credit/

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.

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Ninety One welcomes alternative credit head

Ninety-One/appointments/funds-management/

The global investment manager has appointed a head of alternative credit to lead the expansion of its emerging market alternative credit platform.

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