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Showing 91 - 100 of 6679 results for "Sale"

Challenger results a 'headline miss'

ELIZA BAVIN  |  TUESDAY, 17 FEB 2026
Challenger reported a statutory net profit after tax (NPAT) of $339 million, a massive 369% increase, in the first half of 2026. Normalised NPAT came increased 2% to $229 million and assets under management increased 3% to $128 billion. Despite the ...

Ironbark exec finds new gig

ELIZABETH FRY  |  THURSDAY, 12 FEB 2026
ASX-listed Associate Global Partners has welcomed a head of private wealth and brokers to its distribution team. Scott Baker joins the multi-boutique asset management firm to support growth and deepen relationships with fund manager partners. He works ...

Alexander Funds' chief executive resigns

KARREN VERGARA  |  WEDNESDAY, 11 FEB 2026
Boutique fixed income manager Alexander Funds is searching for a new chief executive as the incumbent prepares to depart. Rachel Shirley, who is also the firm's co-founder, was appointed to the top job in 2022 after serving as chief operating officer ...

Allianz Retire+ updates AGILE, slashes fees

KARREN VERGARA  |  TUESDAY, 10 FEB 2026
Unveiling several updates, Allianz Retire+ has slashed fees for its retirement income product AGILE to 0.30% p.a. as well as the wait period to commence the lifetime income. The product fee has dropped from 0.80% p.a. while the wait time to commence ...

Macquarie sees 'substantially' higher profits

ELIZA BAVIN  |  TUESDAY, 10 FEB 2026
... global assets under management (AUM) reaching $736.1 billion. MAM said the increase was primarily driven by gains on the sale of its divestment of the North American and European public investments business to Nomura. In the investment banking division ...

Challenger-led consortium bids for Pepper Money

KARREN VERGARA  |  MONDAY, 9 FEB 2026
... comprised about $21.4 billion in residential mortgages at the end of September 2025. Pepper Money signed a binding asset sale agreement to acquire the legal title to the loans and will be appointed as servicer of the portfolio.

Macquarie AM to acquire Last Mile Infrastructure and Energy Assets Group

ANGELIQUE MINAS  |  FRIDAY, 6 FEB 2026
... achieving a Global Real Estate Sustainability Benchmark (GRESB) of around 100 and five-star ratings through 2023 to 2025. The sale was completed on January 13, marking one of the largest merger and acquisition deals in South Korea in the last year and ...

First Sentier names new institutional sales lead

ELIZABETH FRY  |  THURSDAY, 5 FEB 2026
First Sentier Group has promoted a long-serving executive to lead its institutional business across Australia and New Zealand. Peter Heine, who has been with the firm for 13 years, has been appointed head of institutional business, in a newly created ...

Clime chair assumes investment role

KARREN VERGARA  |  MONDAY, 2 FEB 2026
... portion of the retail financial advice business that had $99 million of advised assets. It expects to book profit from the sale of more than $1 million. Clime also shuttered its Australian Income Fund, which at the end of October 2025 was under a preliminary ...

US-backed firm invests in Brisbane advice group

ANGELIQUE MINAS  |  FRIDAY, 30 JAN 2026
US-backed Merchant Wealth Partners has secured a minority investment in Brisbane-based advice group Infinity Financial Consultants. This transaction will advance the firm's ambitions of playing an active role in the consolidation of Australia's wealth ...