Australiaassetmgmt

Wealth management firm AMP (ASX:AMP) has finalised its $150 million on-market share buyback.

Chartered Accountants Australia and New Zealand launched a review into KPMG Australia and other major tier-one firms.

Raiz Invest (ASX:RZI) said Brendan Malone stepping down from his dual roles as managing director and CEO.

AMP (ASX:AMP) announced the appointment of Jackie Cleary as its new CFO.

Pinnacle Investment Management (ASX:PNI) won approval from both regulators for its acquisition of Pacific Asset Management.

Pimco bought all $400 million of bonds issued Monday by a Blue Owl Capital private credit fund, according to people with knowledge of the matter. The deal is a vote of confidence for a private credit industry that's been battered by record redemption requests and deepening concerns over valuations, liquidity and transparency. Bloomberg's Sinead Cruise reports.

Takeovers Panel ordered Humm (ASX:HUM) founder Andrew Abercrombie to sell $11m stake after board misled market on Credit Corp (ASX:CCP) bid.

ARC Funds (ASX:ARC) announced a conditional agreement to acquire a 25% minority stake in the business news platform, Ausbiz Group.

Shoqat Bunglawala, head of multi-asset solutions at Goldman Sachs, discusses portfolio diversification, tail-risk protection and why he's still "constructive over the medium term" in spite of the uncertainty around the war in the Middle East.

ARC Funds (ASX:ARC) has entered into non-binding term sheets for the strategic disposal of two non-core assets.