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Showing 1041 - 1050 of 6679 results for "Sale"

Super funds handed holdings disclosure win

JAMIE WILLIAMSON  |  FRIDAY, 12 NOV 2021
The superannuation portfolio holdings disclosure legislation has been finalised, with the government delivering a significant victory to super funds when it comes to unlisted assets and derivatives. Released yesterday, the final legislation shows a ...

Franklin Templeton hires from HUB24

ANNABELLE DICKSON  |  WEDNESDAY, 10 NOV 2021
The global investment manager appointed a sales director as it looks to grow its presence in the market. Marc Hraiki was a senior state manager for NSW and ACT at HUB24 for over three years. He has held multiple business development roles at IOOF including ...

Shaw and Partners appoints sales lead

JAMIE WILLIAMSON  |  MONDAY, 8 NOV 2021
Shaw and Partners has appointed a former Franklin Templeton and J.P. Morgan executive as director of sales and distribution, Australia. Matthew Jackson has taken on the role, responsible for strategy, business development and investor relations for ...

Hong Kong REIT buys Queen Victoria Building

ELIZABETH MCARTHUR  |  MONDAY, 8 NOV 2021
... district. The transaction has been valued at $538.2 million. Link REIT's investment manager in Australia is EG Funds and the sale was negotiated by CBRE on behalf of Singapore sovereign investor GIC. The deal, struck on a core capitalisation rate of ...

Pendal recovers losses

ANNABELLE DICKSON  |  FRIDAY, 5 NOV 2021
Pendal reported a 41.5% jump in net profit after tax to $164.7 million in the year ending September, making up for the losses in its previous results. The funds management firm also recorded a 34.6% spike in revenue to $627.4 million and average funds ...

ASIC outlines ROA guidance

ANNABELLE DICKSON  |  FRIDAY, 5 NOV 2021
... require an SOA include a new mortgage or significant increase or decrease in debt, a new baby, divorce or separation, the sale of a business or the death of a partner. Other things ASIC clarifies include the fact that an ROA can be in the form of a video ...

AMP officially exits life market

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 NOV 2021
... officially exited the life insurance business. AMP today divested its 19.13% holding in Resolution Life for $524 million. The sale of this holding completes AMP's exit from its life insurance business, AMP Life, which sold to Resolution Life in 2020 ...

Pitcher Partners names Adelaide lead

ANNABELLE DICKSON  |  TUESDAY, 2 NOV 2021
Pitcher Partners appointed its first chief executive for its Adelaide business as it looks to leverage growth opportunities in the region. Gail Murphy-Nakkash relocated from Sydney to take on the position and was previously global general manager at ...

Netwealth proposes merger with Praemium

ANNABELLE DICKSON  |  TUESDAY, 2 NOV 2021
... Netwealth offered one new share for every 11.96 Praemium shares plus a cash consideration following the net proceeds from the sale of Praemium's international business. The proposed offer is at a 29% premium to Praemium's closing price of $1.16 on October ...

CBA pleads guilty to selling junk insurance

ANNABELLE DICKSON  |  MONDAY, 1 NOV 2021
... relating to misselling consumer credit insurance. The charges were brought by ASIC and relate to CBA's promotion and sale of CreditCard Plus and Loan Protection policies as an add-on insurance product in branches, by telephone and online. ASIC alleged ...