This Month
The $18.4trn reason to listen to BlackRock’s three lessons in 2025
Wall Street and its biggest investors like the global investment giant influence the ASX more than anything else. That’s why you need to listen.
- Anthony Macdonald
December 2024
- Opinion
- Chanticleer
Santa quashes Bain Capital’s big Aussie buyout, for now
Behind the flurry of statements, there’s a game of M&A chess. Insignia Financial is this year’s Christmas special.
- Anthony Macdonald
Hospitality entrepreneur backs ex-BofA operative to hang out his shingle
Alex Pikoulas is busy establishing his own wealth management shop backed by Anthony Sullivan of Quantaco.
- Sarah Thompson, Kanika Sood and Emma Rapaport
PE giant Bain Capital zeros in on $2b Insignia; BofA on hand
Street Talk understands Bain Capital is running the ruler over ASX-listed over $2 billion ASX-listed financial services giant Insignia Financial.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Chanticleer
PwC client Perpetual now the ATO’s crash test dummy
It would be funny if it weren’t for Perpetual’s succession of own goals that have already turned it into an Australian funds management laughing stock.
- Anthony Macdonald
- Exclusive
- Investing
The eight postcodes with more than $1 million invested outside of property (Hint: they’re not where you think)
Search the interactive map to find out where Australia’s biggest investors live, and how your suburb stacks up.
- Michelle Bowes, Daniel Reti and Lucy King
Nine private wealth advisers defect from Perpetual
Street Talk understands nine advisers resigned from the 138-year-old investment group on Friday.
- Sarah Thompson, Kanika Sood and Emma Rapaport
November 2024
- Opinion
- Chanticleer
Inside the advice shop putting wealthy Australians into private equity
Australian private equity is only really starting to crack the holy grail – wealthy families. How are they doing it? One name keeps coming up.
- Anthony Macdonald
The start-ups challenging big banks on loans and payments
These top 5 fintechs on the Fast Starters list have found gaps in the market where the big banks fear to tread.
- Amelia McGuire
- Opinion
- Chanticleer
New CEO takes a turn to ‘Make MLC Great Again’
The last owner to make good money out of MLC was Lendlease, more than two decades ago. But it is coming back.
- Anthony Macdonald
Case closed: Escala loses bid to restrict defecting partners
Paul Sealey and Jonathan Vickers‑Willis defected to rival LGT Crestone in 2023 amid a spate of departures.
- Sarah Thompson, Kanika Sood and Emma Rapaport
October 2024
- Opinion
- Chanticleer
The inconspicuous investor in bed with Australia’s biggest super funds
Global asset managers swarm to Australia’s super system like bees to a honeypot. Few pick up mandates as big as Dimensional.
- Anthony Macdonald
Ex-Macquarie, CBA wealth boss joins Jun Bei Liu’s shop
Todd’s contact book is chock-full of private wealth types and should give Liu additional firepower to further grow her $1.7 billion Alpha Plus fund.
- Sarah Thompson, Kanika Sood and Emma Rapaport
What about me? UBS, Credit Suisse tech integration misfires with advisers
Street Talk understands wealth advisers are fired up about a global edict that will keep them wedded to the Credit Suisse platform.
- Sarah Thompson, Kanika Sood and Emma Rapaport
September 2024
- Opinion
- Chanticleer
Buyout maverick Crescent Capital shakes up private equity
One of Australia’s most successful private equity firms, Crescent Capital, like its founder Michael Alscher, is happiest operating below the radar.
- Updated
- Anthony Macdonald
Andrew Hagger and Guy Debelle in new advisory firm for the ultra rich
The startup, Famille Capital, has been quietly building up a team over the past year.
- Primrose Riordan
Macquarie vets CommBank’s ultra-high-net-worth advice business
Street Talk understands Macquarie is circling the disenfranchised group and seeking meetings with management.
- Sarah Thompson, Kanika Sood and Emma Rapaport
August 2024
Morgan Stanley Wealth shuffles the deck, snaps up MSCI exec
Street Talk understands head of managed product and capital markets Shaun Bornstein is on his way out the door after eight years.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Debt deal makers prepare to lend big for winner of $20b-plus AirTrunk
Both sides have arranged their own debt packages on top of the OpCo slice, where IFM and Blackstone are understood to be using different structures.
- Sarah Thompson, Kanika Sood and Emma Rapaport
MA Financial pens $1b deal with Humm financing vehicle
The investment bank and non-bank lender will acquire up to $1 billion in loans secured against a raft of assets from equipment to machinery.
- Aaron Weinman