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Showing 11271 - 11280 of 29084 results for "PRI"

US investment giant buys La Trobe Financial

JAMIE WILLIAMSON  |  MONDAY, 18 DEC 2017
Melbourne-based La Trobe Financial, one of the largest non-bank lenders in the country, struck a landmark deal with New York-based private equity giant Blackstone. In a deal announced this morning, Blackstone has taken an 80% stake in the privately-owned ...

IOOF research boss tenders resignation

ALEX BURKE  |  MONDAY, 18 DEC 2017
IOOF's group head of research and portfolio construction, who took over the company's research functions in early 2015 after the acquisition of SFG Australia, will leave in March next year. Matthew Drennan took on the head research role around the same ...

Amazon still an early-stage company: Fundie

DARREN SNYDER  |  MONDAY, 18 DEC 2017
ARK Invest chief executive Catherine Wood holds the view that every stock in the firm's disruptive innovation portfolio is an early-stage growth stock, and this includes Amazon - a firm approaching US$600 billion market capitalisation. "The way we know ...

Expecting the expected

BENJAMIN ONG  |  MONDAY, 18 DEC 2017
Markets hate uncertainty and surprises. We all know this and this truism was in full display this year and more recently, Wall Street's climb to fresh record highs over the weekend following the Fed's expected and well-telegraphed 25 basis point rate ...

Financial Standard names Investment Leadership Award winners

KARREN VERGARA  |  FRIDAY, 15 DEC 2017
Financial Standard is proud to announce the winners of its first Investment Leadership Awards in recognition of investment managers' strategies that have persistently delivered outstanding investment solutions and outcomes. The Investment Leadership ...

Channel Capital hires distribution director

ALEX BURKE  |  FRIDAY, 15 DEC 2017
Channel Capital has appointed a new distribution director - retail, intermediaries and family office. Luke Mandekic joins Channel Capital from Aberdeen Asset Management, where he was a regional sales manager based in Melbourne. Prior to that, he was ...

Former Myer Family Company chief joins $1.1bn manager

KARREN VERGARA  |  FRIDAY, 15 DEC 2017
A $1.1 billion fund manager appointed the former general manager of Myer Family Company as its new chief executive. Mathew Browning will take the reins of ethical fund manager, UCA Funds Management, replacing Michael Walsh, who will retire on 28 February ...

Adviser group edges on triple digits with new business

JAMIE WILLIAMSON  |  FRIDAY, 15 DEC 2017
Madison Financial Group has added another practice to its stable, as its growing adviser network nears triple digits. Marsh Financial Advice is the latest business to join the dealer group, led by owner and principal adviser Shelley Marsh. A former ...

Centrepoint Alliance names new chief executive

JAMIE WILLIAMSON  |  FRIDAY, 15 DEC 2017
The chief executive of an IOOF-aligned dealer group will take over leadership of Centrepoint Alliance in 2018. Shadforth Financial Group chief executive Angus Benbow has been named as Centrepoint's new chief executive, commencing April 2018. Benbow ...

T. Rowe Price expands local distribution team

EMMA RAPAPORT  |  THURSDAY, 14 DEC 2017
Global investment firm T. Rowe Price is bolstering its Australian presence with the appointment of four new members to its distribution team. Key hires include Ben Daly as institutional focused relationship manager in Sydney and Richard Li as senior ...