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Showing 1061 - 1070 of 1436 results for "Perpetual"

KKR bid signals more M&A in wealth mgmt

RUTH LIEW  |  TUESDAY, 2 NOV 2010
Kohlberg Kravis Roberts' takeover bid for Perpetual is an endorsement of the health of Australia's wealth management industry - and reinforces the appeal of the sector to global investors, says the chief executive of BT Investment Management. Emilio ...

FSC appoints new chair

FSC ANNOUNCEMENT  |  FRIDAY, 29 OCT 2010
... General Meeting this month. Former chairman, David Deverall, retired after three years in the role, continuing his role as Perpetual's managing director while Michael Bargholz, chief executive, AllianceBernstein Australia & New Zealand replaced Maher ...

Takeover will not affect client funds: Perpetual

RUTH LIEW  |  WEDNESDAY, 27 OCT 2010
Kohlberg Kravis Roberts' bid for Perpetual only involves shares in Perpetual Limited - and does not give the private equity firm access to client funds, the chairman of the committee overseeing the takeover deal told investors. "I would like to stress ...

Market Wrap - Morning

AAP  |  TUESDAY, 26 OCT 2010
... earnings season. The other three of the big four banks are due to report annual results during the week. Takeover target Perpetual Ltd also holds its annual general meeting, as do Worley Parsons Ltd, Prime Financial Group Ltd, Transurban Group, Foster's ...

Perpetual rejects KKR, open to better offer

JOHN MCDULING  |  MONDAY, 25 OCT 2010
Perpetual has rejected Kohlberg Kravis Roberts' (KKR) takeover proposal, but has left the door firmly ajar for an improved offer. "The board considers that the proposed price in the range of $38 - $40 per share does not reflect Perpetual's value," the ...

Perpetual Private Wealth targets growth

RUTH LIEW  |  FRIDAY, 22 OCT 2010
Perpetual Private Wealth is aiming for year-on-year double digit growth in profits and revenue, and is planning to make further acquisitions, said Geoff Lloyd, Perpetual group executive of private wealth. Lloyd said the firm had set an ambitious growth ...

Zurich sales head joins Perpetual

RUTH LIEW  |  MONDAY, 18 OCT 2010
Perpetual Private Wealth has appointed former Zurich head of wholesale sales, Nick Langton, as general manager private client advice, as the firm ramps up its wealth arm and positions for future acquisitions. Langton, who has over 20 years experience ...

KKR bids for Perpetual

RUTH LIEW  |  MONDAY, 18 OCT 2010
Private equity firm Kohlberg Kravis Roberts & Co (KKR) has made a takeover bid for Perpetual. According to an ASX statement this morning, Perpetual announced KKR approached the firm to buy all of Perpetual's shares at a price of $38 to $40 per share. ...

Fiducian boosts SMSF services

ELISE BURGESS  |  THURSDAY, 7 OCT 2010
... of wealth management groups ramping up their services for SMSFs, such ING with Super Concepts, AXA with Multiport and Perpetual with SmartSuper. It also reflects how wealth management groups are trying to raise the standards in the sector marked by low ...

ATO tackles SMSF fraud risk

ELISE BURGESS  |  FRIDAY, 17 SEP 2010
... into this dodgy fund, and usually disappear with it straightaway," said Michael Brown, general manager of taxation at Perpetual. In most cases the victim will never know that this has even occurred until they try to check on their super balance. Regulation ...