Evalesco chief executive Jeff Thurecht will lead the combined business as chief executive, alongside director Marshall Brentnall and general manager Belinda Marley-Wallace. Principal Edge founder ...

Invesco Advisers was charged by the Securities and Exchange Commission (SEC) after it was found to have misled investors as to what proportion of its total assets were invested according to ESG ...

HMC Capital will acquire iseek, a leading Australian co-location data centre operating platform, for $400 million. HMC said the acquisition is consistent with its recently announced strategy to ...

Small caps investment house Spatium Capital has inked a merger agreement with Singapore's Conduit Group. Spatium Capital, based in Melbourne, is merging with Conduit Securities and Conduit Asset ...

LGT Crestone has inked a deal to scoop up Commonwealth Bank's (CBA's) remaining personal advice business, which serves high-net-worth and ultra-high-net-worth clients.

The Australian Financial Complaints Authority (AFCA) revealed some of the most common systemic issues it saw in the second half of FY24, including continued non-compliance with the Protecting Your ...

McCarthy Hockey told FINSIA 's The Regulators event that APRA's main priority for next year will be the Systems Risk Stress Test, which will get underway in the first half of 2025. The test will ...

Prudential Financial has appointed a former Morgan Stanley Investment Management (MSIM) executive to lead its US$1.4 trillion global asset management business, PGIM.

David Andrew, the managing director at Capital Partners Private Wealth Advisers, is stepping down after 25 years.

Prime Super has recruited a former Media Super chief investment officer to lead the investment team. Michael McQueen joins the $7 billion industry fund as general manager of investments, replacing ...

Federal Reserve chair Jerome Powell said he would refuse to step down if President-elect Donald Trump calls for it.

GQG Partners' funds under management (FUM) has taken a small tumble, slipping from US$161.6 billion to US$159.4 billion in October.