Perennial Partners has made a series of appointments to its distribution team across Australia, including a director focused on private wealth, while an ESG specialist departs.
PIMCO has named its head of ETF sales for Australia, having promoted an account manager who joined the firm in July 2024.
The Reserve Bank of Australia has made its first rate call of 2025, with commentators questioning whether the central bank will join its global peers in softening monetary policy.
Fiducian Group has enjoyed double-digit growth in its FUMAA and NPAT for the first half of FY25, as it looks to boost adviser numbers to 150 through potential acquisitions.
Iress has appointed the former head of Count Financial to a newly created executive general manager position in its wealth APAC team.
The parliamentary inquiry into the sophisticated investor test (SIT) has recommended making the test less subjective in order to prevent abuse by AFSLs.
Perpetual’s board is considering a revised proposal from private equity firm KKR following unwelcome ATO tax guidance at the end of 2024.
Centuria Capital Group has appointed its second former professional sportsperson as its healthcare fund manager.
AMP chief executive Alexis George says the company is “living and breathing organic growth” as it enters the final year of its business simplification program and looks to reprioritise growth.
Australian dealmakers are expectant of deals in 2025 to come from a silver tsunami of retiring practice owners who are planning for their succession, with generational shifts in leadership described as a “game changer”.
