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Showing 1021 - 1030 of 2942 results for "L1 Group"

Former dealer group chief to lead Australian Ethical

HARRISON WORLEY  |  TUESDAY, 4 FEB 2020
A former financial advice licensee head is set to lead the $3.8 billion ethical investment manager and super fund. Australian Ethical has appointed John McMurdo as chief executive and managing director, with acting chief executive Steve Gibbs set to ...

Argo Investments' profit plunges

ALLY SELBY  |  MONDAY, 3 FEB 2020
Listed investment company Argo Investments' profit has taken a dive, falling 24.4% from the previous period. Yet Argo has maintained its half-year dividend at 16 cents per share fully franked. The company announced a half-year profit of $118.8 million ...

Sargon runs out of steam

KANIKA SOOD, JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2020
Philip Kingston's Sargon has been forced into external administration by one if its Chinese creditors. In a statement to Financial Standard, Sargon said one of its creditors, Chinese state-owned insurance company Taiping Trustees has appointed McGrathNicol ...

US firm makes second bid for Aussie fund

ELIZA BAVIN  |  THURSDAY, 30 JAN 2020
A US-based investment giant has made a second bid for an Australian property fund with a $485 million takeover offer. Starwood Capital made the all-cash offer at $2.98 per unit for Australian Unity Office Fund (AOF) over a year after its first failed ...

Listed fund manager plots expansion

HARRISON WORLEY  |  WEDNESDAY, 29 JAN 2020
A $7.2 billion asset manager is planning the takeover of a large New Zealand real estate fund manager, as it eyes a future as a leading funds management platform in the Australasian region. Centuria Capital Group has launched a $174 million takeover ...

Industry names recognised

ELIZA BAVIN  |  TUESDAY, 28 JAN 2020
A number of key figures in the financial services industry were among those recognised on Australia Day, being awarded an Officer of the Order of Australia. Rice Warner executive director Michael Rice received the honour for his service to business ...

Aussie stocks burnt in blaze

ALLY SELBY  |  THURSDAY, 23 JAN 2020
As Australia burns, so too does the bottom line of our listed companies, with real implications for our retail, insurance, agriculture and transport sectors. The Australian economy is also not without risk, with many economists predicting that the bushfire ...

Investment Leadership Awards finalists revealed

JAMIE WILLIAMSON  |  WEDNESDAY, 22 JAN 2020
The shortlist for the Financial Standard Investment Leadership Awards 2020 has been unveiled, recognising outstanding investment talent across major asset classes. Now in their third year, the annual Financial Standard Investment Leadership Awards are ...

J.P. Morgan wins custody mandate

ELIZABETH MCARTHUR  |  THURSDAY, 16 JAN 2020
J.P. Morgan has won a mandate to provide custodial services to an ASX-listed platform and superannuation provider.In a quarterly business update, Xplore Wealth revealed it has a new custodial agreement contract with J.P. Morgan. Xplore said the new ...

US private investment firm appoints first Aussie partner

ALLY SELBY  |  TUESDAY, 14 JAN 2020
A Boston-based private investment firm has appointed its first Australian partner to lead its operations down under. Former Olympic diver Mike Murphy has been promoted to partner at Bain Capital, after five years with the firm. Prior to the promotion ...