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Showing 1081 - 1090 of 7677 results for "Deal"

HALO acquires UK fund manager

CHLOE WALKER  |  WEDNESDAY, 15 FEB 2023
... Funds Management is set to fast-track the equities research and software firm's entry into UK and European markets. The deal, funded by capital raising during HALO's IPO, marks a material milestone for the firm as it looks to formalise strategic ...

QIC inks PRP, TEEG deals

JAMIE WILLIAMSON  |  TUESDAY, 14 FEB 2023
QIC has secured loans in PRP Diagnostic Imaging (PRP) and The Entertainment and Education Group (TEEG), saying private debt is "one of the steadier ships for investors to sail on". The senior secured loans form part of arrangements exceeding $1 billion ...

ASIC permanently bans former advisers

CHLOE WALKER  |  TUESDAY, 14 FEB 2023
Former Perth financial adviser Rahul Goel and Sydney-based adviser Sean John Sweeney have been permanently banned from having any involvement in financial services. In December last year, Goel was sentenced to three years in jail for fraud offences ...

Government progresses social housing measures

KARREN VERGARA  |  FRIDAY, 10 FEB 2023
... Council as an independent statutory advisory body. The new body ensures that the Commonwealth receives the best advice to deal with Australia's serious housing challenges, she said. The final bill, Treasury Laws Amendment (Housing Measures No. 1) ...

"A lawyer's picnic": QAR report slammed

JAMIE WILLIAMSON  |  THURSDAY, 9 FEB 2023
... that led to the Royal Commission," O'Halloran said. "A poor performing super fund won't advise its members to find a better deal elsewhere. This is dangerous given 60% of choice super products perform poorly and retirement products currently lack appropriate ...

Treasury releases Quality of Advice Review final report

CASSANDRA BALDINI, JAMIE WILLIAMSON  |  WEDNESDAY, 8 FEB 2023
True to her word, Quality of Advice Review chair Michelle Levy's final report contains few surprises, however her recommendations include the introduction of both a Good Advice Duty and a Statutory Best Interests Duty. The 267-page final report ...

AZ NGA buys stake in Melbourne advice firm

CHLOE WALKER  |  MONDAY, 6 FEB 2023
... wealth management, accounting, and auditing. As part of the Bentleys Network, the business also has over 2000 clients. The deal follows shortly after AZ NGA bought a stake in another Melbourne-based firm, SCM Financial Group. "For AZ NGA, there are only ...

IFM Investors buys biogas developer

RACHEL ALEMBAKIS  |  FRIDAY, 3 FEB 2023
... real, and when you look at how the act comes into play, this has real impact on returns. "One of the things I like about the deal is that it's good ESG and it's profitable - it's not about investing to drive an ESG outcome. It's an ESG ...

Adviser sentenced over accessing client accounts

CHLOE WALKER  |  FRIDAY, 3 FEB 2023
... copy investment instruction documents with Netwealth, which contained forged signatures, purporting to relay instructions to deal with financial products on behalf of clients. The former adviser pleade guilty to the charges on September 16 last year. ...

AMP completes infrastructure equity business sale

ANDREW MCKEAN  |  FRIDAY, 3 FEB 2023
... offloaded Collimate's real estate and domestic infrastructure equity business to Dexus Funds Management. However, this deal has been delayed as AMP awaits Chinese regulatory approval for the sale of its interest in China Life AMP Asset Management ...