Pinnacle Investment Management has reported a 151 per cent rise in net profit after tax (NPAT) in its half-year results, helped by overseas expansion and affiliate performance fees. In its results for ...

The proportion of advisers working at a privately owned licensee rose to 78 per cent in the fourth quarter of 2024 as over 1,000 advisers switched from a diversified firm. According to the Q4 Adviser ...

The firm was founded in 2022 as an absolute return global equities manager by Lev Margolin, a former portfolio manager at L1 Capital, and is based in Melbourne. Fidante has taken a substantial ...

LGT Capital Partners has launched a new semi-liquid fund for wholesale investors across Australia and New Zealand. According to the global alternatives specialist, the fund enables wholesale investors ...

FundBase Group is set to launch a new platform for Australian retail investors looking to enter the private markets universe. The investment fund infrastructure provider said the platform will enable ...

Apt Wealth Partners has expanded its range of services with the introduction of its own legal services offering to meet clients’ evolving needs. The financial advice business – which has offices in ...

The departure of Gerald Stack from Magellan could lead to heavy redemptions given most of the assets in his Infrastructure Fund are held by institutional clients. It was announced last week that Stack ...

Wealth management leaders are being encouraged to maximise the value of new and existing talent through continuous upskilling, as one-quarter of Australian employees seek greater professional ...

Sequoia has gained a new shareholder after the Australian Wealth Advisors Group (AWAG) took a substantial stake, with AWAG chair Lee Iafrate saying he believes the advice licensee’s shares are trading ...

A former Perth financial adviser has pleaded guilty in court to stealing $1 million from his clients for his own benefit. Anthony Paul Torre appeared in the District Court of Western Australia on 28 ...

A third private equity player has emerged in the bidding war to acquire Insignia Financial, rivalling Bain Capital and CC Capital. Insignia Financial has announced that Brookfield Capital Partners (UK ...

Findings from Morningstar show over 250 sustainable funds globally changed their names or dropped key ESG terms during 2024 amid regulatory greenwashing fears. In the research house’s Global ESG Flows ...