M&A

Funds management

Platinum/L1 merger to ‘inject new life’ to asset manager

The merger with L1 Capital will “inject new life” into Platinum, Morningstar believes, but is unlikely to boost Platinum’s declining funds under management. ...

Financial planning

Coastal Advice Group ramping up M&A pipeline to triple revenue

Coastal Advice Group chief executive, Daniel Brown, has said the firm has no intention of slowing down, with plans to do as many as 15 acquisitions in the next 12 months....

Funds management

BlackRock to acquire real estate firm amid private market expansion

BlackRock has announced its plan to acquire real estate investment firm ElmTree Funds which will be integrated into its new private financing solutions business. ...

Funds management

Platinum brand in doubt as binding terms signed with L1 Capital

Platinum Asset Management has entered into binding terms for a merger with L1 Capital with the firm to be renamed upon completion...

Financial planning

National advice firms enact major merger

Two national advice businesses have merged to form a leading holistic advice business with $2.5 billion in funds under management....

Funds management

BlackRock flags US$190bn private solutions platform launch

BlackRock has successfully completed its acquisition of global credit investment manager HPS Investment Partners, with the intention now to create a US$190 billion privat...

Funds management

Metrics progresses consumer lending expansion with 2 acquisitions

Metrics Credit Partners has completed the acquisition of Taurus Finance Group and BC Investment Group as it looks to launch consumer lending arm Navalo....

Financial planning

Shaw and Partners’ CEO on his NZ goals post-ISG deal

Shaw and Partners chief executive, Earl Evans, has said the firm is seeking to double the assets under management at its latest New Zealand acquisition ISG, having made t...

Funds management

Regal Partners buys into hotel investor ahead of fund launch

Regal Partners has announced its latest alternatives acquisition, taking a 50 per cent stake in real estate and advisory platform Ark Capital Partners ahead of a future h...

Financial planning

3 areas to expect asset and wealth management M&A in H2

At the halfway point of the year, consolidation pressures continue to drive financial services M&A with three areas identified as targets for asset and wealth managers, a...

Financial planning

Shaw and Partners enters NZ with $62m acquisition

Aussie wealth manager Shaw and Partners has made its entry into the New Zealand market with a 75 per cent acquisition of investment firm Investment Services Group....

Funds management

Perennial Partners takes majority stake in responsible manager

Perennial Partners has acquired a majority stake in Melior Investment Management which will see it take over management of the Melior Australian Impact Fund....

Financial planning

Findex appoints senior M&A role to boost brand awareness

International advice group Findex has appointed a senior individual to spearhead its M&A and growth operations across Australia and New Zealand, seeking to make the brand...

Funds management

Platinum updates on L1 merger as due diligence concludes

Platinum Asset Management has provided an update on the possibility of a merger with asset manager L1 Capital following a period of due diligence....

Financial planning

Insignia shares’ rollercoaster ride during M&A bidding war

Having peaked at more than 40 per cent growth since the first M&A bid, Insignia Financial shares have returned to earth six months later as the company awaits a final dec...