Shaw and Partners acquires Perth-based DJ Carmichael

Shaw and Partners has acquired Perth-based financial advisory and planning firm DJ Carmichael, which has close to A$650m funds under its advice. The acquisition comes off the back of Swiss private bank EFG International buying Shaw and Partners in March, having gained 51% of its issued shares for A$61.2 million. Under the new sale, DJ Carmichael will be rebranded to Shaw and Partners and its current chief executive, Davide Bosio, will take on the role of Western Australia state manager and director of corporate finance. DJ Carmichael has operated in Perth for more than 120 years. A...