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15 April 2020 • By Sarah Simpkins • 1 min read

Boutique asset manager buys out owner

Boutique asset manager Wheelhouse Investment Partners has taken full ownership of its business, having acquired Bennelong Funds Management’s stake in ...

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Chant West takes Zenith deal to court

Chant West has fired legal action at previously agreed buyer and Zenith subsidiary CW Bidco in the NSW Supreme Court, after the company got cold feet ...

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Investor consolidation could rise as virus adds to industry challenges

Many active fund managers had already copped net negative flows before the coronavirus pandemic hit, with a report warning if markets continue to ...

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Buyer seeks exit from super research house sale

The sale of a superannuation research hub has hit a bump, with the buyer signalling it wants out in the current market conditions. Zenith ...

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Asset manager completes demerger, rebrands

An asset manager has launched its new brand after completing its demerger from its parent company. Investec Asset Management has split from ...

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Insurance, advisory giants merge

The multinationals confirmed they would be combining in an all-stock transaction with an implied combined equity value of around $121 billion ($US80 ...

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Morgan Stanley to buy E*TRADE

Morgan Stanley has pushed into retail in the largest Wall Street acquisition since the GFC. The purchase opens up a significant chunk of the retail ...

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IOOF profit plunges, P&I faces shake-up

IOOF’s profit for the half slumped, but the group has dived into a plan to reshape its business, with its chief hinting that the products in the ...

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IOOF completes OnePath deal, indicates profit to plummet

IOOF has signalled its expected profit for the first half of FY20 will plunge by almost 40 per cent year-on-year, following the wealth giant ...

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Perpetual buys ESG specialist, eyes US expansion

Perpetual is set to purchase Boston-based ESG investment firm Trillium Asset Management for $54 million, with plans to establish a US distribution arm

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