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04 December 2020 • By Sarah Simpkins • 1 min read

Aware Super completes WA Super merger

Aware Super has completed the successor fund transfer to formalise its merger with WA Super. As of Friday, all WA Super members are part of Aware ...

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Macquarie to buy US asset manager

Macquarie has announced it will buy one of the oldest asset and wealth management companies in the US in a deal worth more than $2 billion

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Westpac sells insurance business

Westpac has sold its general insurance business as it looks to simplify its operations after a horror year of regulatory action and executive ...

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Cashwerkz keeps quiet on UBS acquisition talk

Cashwerkz has neither confirmed nor denied speculation of it teaming up with a boutique to make a bid for UBS Asset Management’s Australian fixed ...

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Perpetual completes Barrow Hanley acquisition

Perpetual has completed its acquisition of a 75 per cent stake in US investment manager Barrow Hanley, tripling its assets under management and ...

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Perpetual’s US asset manager purchase approved

Perpetual has received the green light for its acquisition of a 75 per cent stake in US investment manager Barrow Hanley. All conditions have been ...

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Are more wealth managers set to change hands?

Private equity players looking to crack Australia’s wealth market will have eight potential targets, according to stockbroking veterans EL&C ...

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Channel Capital buys out Highbury, US investor enters

Australian investment manager Channel Capital has teamed up with New York firm Kudu Investment Management for a management buyout, waving goodbye to ...

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Ord Minnett acquires E.L. & C. Baillieu

Ord Minnett has entered into an agreement to buy rival Australian wealth management group E.L & C. Baillieu. The purchase will see it gain E.L ...

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Ares gets serious with AMP bid

US private equity player Ares has released a preliminary valuation of AMP while noting that any transaction could involve third-party co-bidders

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