Advisers Financial News

Morgan Stanley’s wealth management arm is searching for more financial advisers to target an ever-growing list of wealthy Australian families.

Almost 20 private wealth advisers, who together oversee some $3 billion in total assets, walked out Morgan Stanley Wealth Management Australia’s doors on Friday.

The proposed $20 billion takeover of Origin Energy by a private North American duo has now won support from all major proxy advisers, paving the way for a nail-biting lead-up to a decisive shareholder vote on a deal that is opposed by the electricity supplier’s biggest investor.

The German government’s panel of independent economic advisers is forecasting that the country's economy will shrink by 0.4% this year and grow only by a relatively modest 0.7% next year

Advisers for bankrupt crypto exchange FTX have been disclosing data from customers’ transactions and accounts with the Federal Bureau of Investigation (FBI), according to court documents seen by Bloomberg. 

Macquarie’s banking and financial services arm has cut the number of advisers on its books under the premise of a restructure, Street Talk understands.

There soon may be a new cure for sickle cell disease that attacks the disorder at its genetic source

The Smallcase angle Smallcase is a platform that allows advisers and analysts to curate and offer a number of ready-made portfolios of stocks or exchange-traded funds (ETFs) that, according to the firm’s website, track a theme, strategy or objective. People could invest in any portfolio of their choice for a fee. There was no restriction on the number of portfolios that advisers and analysts could offer.

Click here! At present, the individual investment advisers, principal officers of a registered non-individual investment adviser and persons associated with investment advices, were required to comply with the enhanced qualification and experience requirements by September 30, 2023. Sebi directed the BSE Administration & Supervision Limited (BASL)— a wholly-owned subsidiary of BSE—to bring the provisions of this circular to the notice of its members and also disseminate the same on its website.

₹46 trillion as of August this year. The number will only swell as more investors, especially from non-metro cities, delve into mutual funds and stocks.

Superannuation and investing start-up Spaceship, which is backed by tech billionaire Mike Cannon-Brookes, is sounding the market for potential buyers once again.

Federal health advisers have voted overwhelmingly against recommending approval of an experimental treatment for Lou Gehrig's disease, the fatal muscle-wasting disease

Not all is well at Escala Partners, the wealth management outfit now partially owned by New York-listed Focus Financial Partners.

Government advisers say the leading decongestant used by millions of Americans to treat nasal congestion doesn't actually work

NEW YORK (Reuters) — The U.S. Securities and Exchange Commission on Tuesday said it has charged five investment adviser firms for failing to meet requirements related to the safekeeping of client assets.

By Anna-Catherine Brigida

Russia and China, a paragraph on the war in Ukraine was classified as 'Chair Summary', while remaining 16 paragraphs became part of the 'Outcome Document' that was unanimously adopted by all the member countries, said an official release. Chief science advisers and the nominated equivalents from G20 members and guest countries met during the day at Mahatma Mandir here for the second meeting of the G20-Chief Science Advisers' Roundtable under India's G20 presidency. «We are very hopeful and convinced that the next presidency of Brazil will take it forward. In this roundtable, the focus was on three themes — One Health for better disease prevention, control, and pandemic preparedness, efforts to expand access to scholarly scientific knowledge and ensuring diversity, equity, inclusion, and accessibility in science and technology ecosystem» Ajay Kumar Sood, Principal Scientific Adviser to the government, said at a press conference. All the member countries collectively deliberated on these issues and expressed commitment towards fulfilling these common priorities, Sood added. «We recognise that interdependent health threats to human, animal, plant and environmental health should be addressed collectively through the One Health approach.

WeWork is tapping advisers for restructuring advice as it struggles with a heavy debt load and poor financial performance, Bloomberg News reported on Wednesday citing people familiar with the matter. Shares of the Softbank Group-backed WeWork fell about 15% to 0.12 cents in afternoon trade. The New York Stock Exchange (NYSE) suspended trading in WeWork's warrants on Tuesday due to «abnormally low» trading price levels and said will initiate proceedings to delist them. The flexible workspace provider has hired real estate adviser Hilco Global, engaged consultant Alvarez & Marsal and re-engaged law firm Kirkland & Ellis for advice on its options, according to the report. The company is seeking to avoid a Chapter 11 bankruptcy filing and restructure its debts out of court, the report added citing a person familiar with the matter. WeWork, Hilco Global, Alvarez & Marsal and Kirkland & Ellis did not immediately respond to Reuters' requests for comment.

FOX Business host Charles Payne reacts to the disparity in what Americans save versus what they need on Making Money.

It’s one of the largest players in the sector in Asia, and now Pupuk Indonesia appears to be getting serious about Incitec Pivot’s fertiliser business.

The rush is on in the booming build-to-rent sector, and the $16 billion Investa, run by Peter Menegazzo, does not intend to be left behind.