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Showing 1011 - 1020 of 3463 results for "Stake"

Mine Super appoints chief executive

JAMIE WILLIAMSON  |  THURSDAY, 2 DEC 2021
... 2020 and September 2021 Nair was also on the board of Recreo, the administration platform that Mine Super owns a majority stake in. Commenting on his permanent appointment, Nair said: "It's a privilege to lead such an amazing fund, with its rich 80-year ...

CFS targets adviser market

KARREN VERGARA  |  THURSDAY, 2 DEC 2021
... hopes to capture a bigger slice of the financial adviser market. Upon announcing that Commonwealth Bank relinquished its 55% stake as of yesterday, CFS unveiled its grand plan to transform operationally to service the ever-changing needs of its adviser ...

New financial crisis standards proposed

JAMIE WILLIAMSON  |  THURSDAY, 2 DEC 2021
APRA is consulting on two new prudential standards aimed at strengthening how entities, including superannuation trustees, respond to financial crises. CPS 190 Financial Contingency Planning (CPS 190) and CPS 900 Resolution Planning (CPS 900) are the ...

New LGBTIQ investment option

ELIZABETH MCARTHUR  |  THURSDAY, 2 DEC 2021
In the US, an investing app has partnered with an LGBTIQ rights organisation to provide consumers with a way to invest in line with their values. LGBTIQ advocacy group OutRight Action International has partnered with the Newday Impact Investing app. ...

Count Financial adds advice firm

KARREN VERGARA  |  TUESDAY, 30 NOV 2021
... in October. Serendipity launched in February 2021 by directors Christine Lusher and Norma Samson. In June, it took a 49% stake in Southern Cross Business Holdings, an accounting firm based in Victoria. Count Financial's parent company CountPlus saw ...

Seven West Media backs Raiz

CHLOE WALKER  |  TUESDAY, 30 NOV 2021
Seven will take a strategic investment of a 6.6% stake in Raiz via a $10 million share placement, aligning both companies' interests to work. Raiz joint group chief executive officer Brendan Malone said that Seven's investment into the Raiz business ...

GSFM hires new product manager

KARREN VERGARA  |  MONDAY, 29 NOV 2021
GSFM has created a new product manager role and appointed a former senior staffer from BT Financial Group to the post. Natasja Liddell was hired to help meet the multi-affiliate fund manager's growing investor demand. Based in Sydney, she reports ...

Pinnacle seeds Canadian boutique

KARREN VERGARA  |  FRIDAY, 26 NOV 2021
... will provide distribution and infrastructure services as it cements its presence in North America. It will have a 32.5% stake while the founding executives will own the remaining 67.5%. The North American asset management market is "ripe for disruption" ...

ACCC not opposed to NAB, Citi deal

CHLOE WALKER  |  THURSDAY, 25 NOV 2021
The ACCC will not oppose the acquisition of Citigroup's Australian consumer business (Citi) by NAB after a review found the transaction would not substantially lessen competition. The review focused on competition in the supply of credit cards, as Citi ...

Pinnacle acquires private equity firm stake

KARREN VERGARA  |  WEDNESDAY, 24 NOV 2021
Pinnacle Investment Management will acquire a 25% stake in an Australian private equity firm, funded by a massive $105 million raise. The ASX-listed firm will become part owner of Five V Capital, which currently has $1.1 billion in funds under management ...