Ironbridge Capital, a private equity investor, has made a proposal to buy global wealth management software and technology company Bravura Solutions. In a statement to the Australian Securities Exchange this morning, Bravura announced it had yesterday received an “indicative, non-binding, conditional proposal” from Ironbridge Capital to acquire
Read more →BMO Financial Group (BMO) will expand its asset management business into Australia, operating as BMO Global Asset Management. BMO’s Australian branch will be based in Melbourne under the direction of Ravi Sriskandarajah, the former head of institutional business at BlackRock. Sriskandarajah has more than 15 years of
Read more →UK-based alternative asset manager Man Group has appointed Jamie Douglas as chief executive of its Australian business, Man Investments Australia. Douglas is the former managing director for all foreign exchange and emerging markets at JP Morgan London’s chief investment office. He will be responsible for providing local
Read more →Legal and General is undergoing a restructure which will see its unit trust business become a part of Legal and General Investment Management (LGIM) and its annuities business spun out as a separate division. Mark Gregory has been appointed group chief financial officer as a result of
Read more →“The launch of the ASX Managed Funds Service (AMFS) – informally known as AQUA II – may be one step closer to realisation following the release of a consultation paper by the Australian Securities and Investments Commission (ASIC). The regulator will reach a decision in November, and
Read more →Ian Pascal is replacing Rob Page, who will leave the company in July for Henderson Global Investors. Based at the London headquarters, Pascal will report to Harriet Steel, global head of business development and lead Hermes’ global institutional and wholesale marketing strategy and will head all corporate
Read more →In response to these new ASX Social Media requirements, Fishtank has tailored a number of seamless monitoring solutions – including a fully compliant basic offering starting from $300 per month, ranging up to a fully serviced offering which also provides key digital insights to help drive wider Social
Read more →Investec has reported net inflows of £4.9bn for its asset management and wealth and investment business, as part of its yearly results announced today. Profit before tax rose significantly in Investec’s wealth and investment business too, up 30.9 per cent to reach £50.7m from £38.7m the previous
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