‘Everyone’s a winner’ in Australia’s PE advice landscape

private-equity/financial-advice/wealth-management/M&A/Ben-Marshan/

Rather than taking a controlling approach, the latest generation of overseas private equity deals is helping advice firms to achieve their growth ambitions, three commentators have said.

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Private markets symbolise ‘next frontier’ in managed accounts

private-markets/managed-accounts/mlc/MLC-Asset-Management/lonsec/

With BlackRock recently combining both private and public markets in a single managed account for US investors, commentators explore the challenges and opportunities of doing so in Australia.

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PM Capital hits back at rejected Platinum bid

PM-Capital/Platinum-Asset-Management/Platinum/LICs/listed-investment-companies/

PM Capital has hit out at Platinum Asset Management, saying the firm only provided “limited engagement” following its bid for two listed investment companies.

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Fitzpatricks Group creates product head position

Fitzpatricks/Fitzpatricks-Group/fitzpatricks-private-wealth/investment-strategy/

Private wealth firm Fitzpatricks Group has appointed a newly created head of product, who previously spent 20 years at CFS, to bolster its range of investment options.

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Platinum outflows steady after manager exits

Platinum/flows/morningstar/FUM/

Platinum Asset Management has seen outflows moderate during March, down 15 per cent from the previous month when it announced two major investment team changes.

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What to know for a first-time ETF listing

cboe/active-ETFs/ETFs/law-firm/

Two listing experts have shared tips for fund managers to consider when it comes to launching their first ETF on an exchange.

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‘This isn’t like MAFS’: Merchant’s Haintz on successful advice M&A

financial-advice/M&A/WT-Financial/AFSL/

Merchant Wealth’s David Haintz has described how the firm differs from the traditional private equity ventures jumping into Australia, and why M&A isn’t like Married at First Sight.

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Count merger strengthens South Australian presence

Countplus/Count-Financial/M&A/mergers-and-acquisitions/Hugh-Humphrey/

An Adelaide-based financial planning and accounting firm is set to merge into Count Adelaide, aligning with Count’s ambitions to form a national footprint of scaled equity partnerships.

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‘Like pigs to slaughter’: ASIC to shut down almost 100 scam websites

ASIC/scams/federal-court/Sarah-Court/

ASIC has been granted permission to shut down almost 100 websites running investment scams, with the Federal Court describing how its victims were “fattened like pigs to slaughter”.

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Over half of inheritors lack ongoing adviser relationship

CoreData/fidelity/Fidelity-International/inheritance/wealth-transfer/intergenerational-wealth/

Despite younger generations representing the largest group of potential inheritors, CoreData has discovered less than half of beneficiaries have professional advice to navigate this transition.

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