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Showing 1081 - 1090 of 3752 results for "Acquisition"

IOOF advice outflows soar

ANNABELLE DICKSON  |  THURSDAY, 29 JUL 2021
... billion of flows from new self-employed advisers joining the licensees as well as organic inflows. It follows the acquisition of MLC which, on 1 June 2021, saw 406 MLC advisers join with IOOF advice licensees. At the end of June, IOOF maintained active ...

IOOF buys $68m retail property

KANIKA SOOD  |  WEDNESDAY, 28 JUL 2021
... proximity to Parramatta. It is also close to Bradfield where the new Western Sydney International Airport is located. The acquisition was done through IOOF Investment Services Ltd, which is a subsidiary of IOOF Holdings. IOOF said the location caters ...

ID_Land expands into funds management

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 JUL 2021
... management arm that will offer direct investment opportunities via ID_Land's portfolio of projects. It also announcing the acquisition of two further sites in Gisborne and Armstrong Creek that will add $400m to its $2.5bn project pipeline. Title Capital ...

Wells Fargo AM rebrands, names chief

KARREN VERGARA  |  TUESDAY, 27 JUL 2021
... Marais, WFAM's current chief executive. Sullivan was the chair and chief executive of Legg Mason from 2012 until its acquisition by Franklin Templeton in 2020. "In spending time with Nico and the organisation over the past few months, I have been incredibly ...

CommIF ups hospital stake

ELIZABETH MCARTHUR  |  MONDAY, 26 JUL 2021
... 9.95% in the Royal Adelaide Hospital on behalf of CommIF, taking its total interest in the hospital to 27.21%. The acquisition closed on July 23 and follows the recently completed $2.2 billion refinancing of the public-private partnership with the South ...

AMP shakes up advice service model

KARREN VERGARA, JAMIE WILLIAMSON  |  MONDAY, 26 JUL 2021
... the rights to the service and the right to be paid by the clients to an AMP licensee under a BOLR arrangement. "Upon acquisition by the licensee, the clients were placed into a central pool. For so long as the clients remained in the central pool, they ...

Pendal open to more acquisitions

KANIKA SOOD  |  FRIDAY, 23 JUL 2021
... finalises its $414 million purchase of US value-oriented manager Thompson, Siegel and Walmsley. Pendal announced the 100% acquisition in May, paying about $414 million for 52-year-old Virginia-based manager which was owned by management and majority ...

M&As to create super advice firms

KARREN VERGARA  |  FRIDAY, 23 JUL 2021
... many principals retire ahead of FASEA's higher education requirements," the Build or buy: A guide to merger & acquisition fundamentals white paper reads. This adviser exodus and the increasing demand for professional advice are major drivers of the ...

Institutional Shareholder Services to acquire Rainmaker Information

MICHELLE BALTAZAR  |  THURSDAY, 22 JUL 2021
... countries. Rainmaker Information is a privately-held Australian company with 70 employees in Sydney and Melbourne. The acquisition is expected to close later this year, pending necessary approvals.

Dexus to develop Atlassian HQ

ANNABELLE DICKSON  |  WEDNESDAY, 21 JUL 2021
... satisfied by December 2021. Construction is expected to commence in early 2022 and completed in early 2026. "This acquisition increases the size of our city shaping development pipeline and provides us with appealing risk adjusted returns. The exciting ...