European private equity giant EQT has increased its bid for Perpetual. Perpetual said in an ASX announcement late on 16 July that it had received a revised non-binding, conditional and indicative ...

The Financial Services and Credit Panel (FSCP) has issued a written order cancelling the registration of a relevant provider. Peter Morrison-Dowd saw all of his registrations as a relevant provider ...

Advice licensee Count has completed its cornerstone investment in Tailored Lifetime Solutions, taking a 20 per cent stake. As part of the transaction, which was flagged in May, Tailored has also ...

Brisbane-based Sharpbridge Funds Management is looking to launch its first fund for retail investors. The global equities fund manager was set up last April with the fund structured as a information ...

ASIC has confirmed the estimated industry funding levy for the 2025–26 financial year, and how much licensees can expect to pay. According to its annual Cost Recovery Implementation Statement (CRIS), ...

Two licensees are leading the start of the financial year’s gains with more than 10 new advisers each, according to Padua Wealth Data. At the start of the year, it looked like a negative period was ...

Russell Investments is to be acquired by an investor consortium led by US venture capital firm B Capital. Based in California, B Capital is a venture capital firm and the investor consortium it has ...

Asset and wealth managers formed the bulk of financial services M&A in the first half of 2026, according to PwC, and alternative asset manager deals are set to rise in the second half. “Many of the ...

Netwealth has entered an agreement expanding its partnership with Morgan Stanley Wealth Management Australia to deliver a platform solution for ASX listed and domestic investments. Building on its ...

VanEck has rebranded its international equity ETF with the provider turning to generative AI-powered stockpicking for the fund. Last week, the provider announced in an ASX statement that the VanEck ...

Wealth management in Europe is being disrupted in five ways, which could prove to be bellwethers for Australian peers. Results from the 2026 McKinsey Affluent and Wealth Management Customers’ Insights ...

Australia gained 25,000 new millionaires in 2025, presenting an attractive opportunity for the new boom in private wealth managers. According to the latest Global Wealth Report from UBS, it said ...