Bain to look under Insignia hood after upping offer
Insignia has granted suitor Bain Capital limited due diligence after the PE firm matched rival CC Capital’s offer for the wealth manager.
Insignia has granted suitor Bain Capital limited due diligence after the PE firm matched rival CC Capital’s offer for the wealth manager.
Australian Foundation Investment Company boss Mark Freeman has cautioned on the outlook for equities and bank valuations.
A red tape ‘razor gang’, a review of the tax system and a growth agenda are top of the Financial Services Council’s wish list for the next federal government.
The nation’s ‘greenest’ super fund, run by the $140bn UniSuper, was one of the industry’s worst performers in 2024, despite a hefty allocation to listed equities.
The sharemarket is expected to rise on Monday but the rest of the week could be volatile as markets wait to see incoming president Donald Trump’s executive orders.
Bendigo Bank, AMP and Coles are among those ramping up the work from the office mandates this year.
The nation’s second-largest super fund sees a better return outlook for real assets following equities’ strong performance.
Super funds delivered bumper returns in 2024, with the best of the lot a retail fund focusing on younger members. See the top 10 performers.
BOQ is the latest to be exposed for charging fees against the accounts of dead customers and now it will be up to regulators such as ASIC to decide whether a financial penalty is warranted.
The Australian dollar hovering near five-year lows makes Australia look even more attractive to private equity firms hunting for bargains, fund managers say.
Original URL: https://www.theaustralian.com.au/author/cliona-odowd/page/16