MERGERS AND ACQUISITIONS

Funds management

Standard Life Investments has acquired Ignis Asset Management, signalling a major strategic shift into the funds management arena for the traditionally insurance-orientat...

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People & Products

Brisbane-based fund manager Blue Sky Alternative Investments has acquired hedge fund manager Investment Science....

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Financial planning

Signs are emerging of an upturn in merger and acquisition activity in the financial planning and accounting space....

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Financial planning

SMSF push results in purchase of Victorian practice....

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Financial planning

Hayes Knight NSW has sold stakes in its planning, accounting and superannuation administration business to Easton Investments....

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Financial planning

More than 80 per cent of Trust shareholders vote in favour of Perpetual bid....

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Financial planning

Onevue has announced it has raised $6.75 million to fund the business’ expansion and to create a stronger balance sheet for the group....

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Funds management

Fund manager Aberdeen Asset Management has announced the proposed acquisition of Scottish Widows Investment Partnership (SWIP) from Lloyds Banking Group for £550 million....

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Funds management

GPT Group counters Dexus/CPPIB with bid for Commonwealth Property Office fund....

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Funds management

Australian Unity Investments (AUI) has proposed to merge its Australian Unity Fifth Commercial Trust (FCT) with its unlisted Australian Unity Office Property Fund (OPF), ...

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Financial planning

Trust and Equity Trustees spar over revised offer. ...

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Funds management

ANZ has announced a strategic alliance with Swiss private bank Vontobel after it signed a co-operation agreement. ...

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Financial planning

The Trust Company has once again backed Perpetual’s takeover proposal after months of holding out for a potential better offer. ...

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Financial planning

Equity Trustees lifts offer for Trust ahead of end of month meeting....

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Financial planning

South Australian financial services firm Hood Sweeney has merged with boutique accounting business Shearer + Elliss, cementing its place as one of the biggest accounting ...

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Never miss the latest news and developments in wealth management industry

Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

4 days 3 hours ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

4 days 4 hours ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

5 days 3 hours ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 1 week ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

8 months 4 weeks ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 1 week ago