US President Donald Trump has signed an executive order calling for the creation of a sovereign wealth fund.

Barrenjoey has set up shop in Hong Kong, offering Australian and New Zealand equities sales, trading, and research services following the acquisition of a local business.

Wilson Asset Management has launched the Founders Fund this week, based on chair Geoff Wilson's view that founder-led companies outperform over the medium to long term.

The major bank has appointed a new chief executive of business and wealth, catering to Westpac's private wealth clients.

Perennial Partners has appointed Luke Fay as co-head of Perennial Private Investments, as the firm strengthens its private markets capabilities. Fay will commence immediately and be based in Perennial ...

Dexus has appointed two new leaders within its funds management business to drive growth and performance. Michael Sheffield has been appointed as executive general manager, funds management, where he ...

The Australian Wealth Advisors Group (AWAG) has become a major shareholder in Sequoia Financial Group. AWAG, which is also ASX-listed, has an 18.02% stake in Sequoia across more than 22.37 million ...

LGT Capital Partners is providing wholesale investors in Australia and New Zealand access to a fully funded private equity portfolio.

Industry superannuation fund BUSSQ has lost its legal challenge against APRA, with the Federal Court dismissing its bid to ...

Resolution Life's trans-Tasman life insurer, Resolution Life Australasia, has completed the acquisition of Asteron Life New Zealand.

Bei Liu is ambitiously setting her sights on doubling the size of her hedge fund to $3 billion as it launches under a new outfit, Ten Cap.

A former financial adviser from Western Australia has pleaded guilty to five charges related to misappropriating $1.03 million of client funds.