Overseas wealth management companies are looking to acquire successful Australian financial advice firms, says Connect Financial Service Brokers.
Australian M&A deals throughout the first quarter of 2017 saw an increase of more than 50 per cent by value compared with the prior corresponding period, according to Mergermarket.
ANZ’s planned exit from product manufacturing could include the listing of some or all of ANZ’s wealth businesses on the ASX, says the bank’s chief executive.
Executives behind Nippon Life’s acquisition of MLC Life Insurance have expressed optimism about the prospects for their first foray into the Australian financial services market.
Global advisory firm Willis Towers Watson has completed its acquisition of Russell Investments’ Australian actuarial practice.
Synchron selects new state manager
Fitzpatricks names new Melbourne advisers
Former AMP manager joins Evermore
Australia must embrace open APIs
French elections have Europe spooked
Making the argument for alpha