The ‘sunrise’ opportunity identified by GQG Partners; Natixis IM hires distribution director from Pengana

GQG Partners’ chief executive Tim Carver has identified how private credit is a “sunrise” part of the asset management industry as it sets up its own private credit solutions business.

Global asset manager Natixis Investment Managers has appointed a distribution director for private wealth across southern Australia from Pengana Capital Group.

The launch of a new UK affiliate by Pinnacle Investment Management has hit a snag as delays mean Ironbark has pulled a planned $3 billion mandate from the firm.

Former Australian Retirement Trust chief executive Bernard Reilly announced he was joining Perpetual this week – what other CEO moves has the industry seen since the start of 2024?

Equity funds saw $2.2 billion in outflows during the first half of 2024, according to Calastone, despite reporting modest gains in the second quarter.

Pacific Current noted FY24 was a “transformational year” as it made multiple divestments to create a lower cost structure for the business.