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Showing 1121 - 1130 of 3752 results for "Acquisition"

Adviser numbers fall below 20k

KARREN VERGARA  |  THURSDAY, 3 JUN 2021
... IOOF, saw a net addition of 188 advisers to the group during the period, bringing its total to 385. IOOF completed its acquisition of MLC Wealth on June 1. The AFSL for the newly merged group, based on ASIC's FAR, is under Consultum Financial Planning. ...

Fund administrator eyes Australia

KANIKA SOOD  |  WEDNESDAY, 2 JUN 2021
A Singapore-based fund administrator will establish full-service operations in Australia as it sees an opportunity in the local market. Ascent Fund Services currently services about US$7 billion in assets. This includes 150 products across six Asia ...

Head of sales departs Crestone

ELIZABETH MCARTHUR  |  TUESDAY, 1 JUN 2021
... management and state manager. Four months ago he was promoted to the role of head of sales. Prior to Crestone's acquisition of UBS Wealth Management in 2015, Blight served as head of investment management at the latter for two years. He was with ...

IOOF completes merger, appoints executives

ELIZABETH MCARTHUR  |  TUESDAY, 1 JUN 2021
IOOF completed its acquisition of MLC Wealth from National Australia Bank yesterday, adding 406 financial advisers to IOOF and making key appointments. Nine months after announcing the deal, IOOF has integrated MLC Wealth in a move that has also doubled ...

CountPlus acquires tech solution

ELIZABETH MCARTHUR  |  MONDAY, 31 MAY 2021
... provider of paraplanning, technology and administration support services to financial planning firms. CountPlus said the acquisition will enhance the range of services available to its member firms and is aligned with its strategic plan to deliver services ...

Super funds hunt for co-investment deals

KARREN VERGARA  |  TUESDAY, 25 MAY 2021
Superannuation funds' appetite for alternative investments, particularly private equity and infrastructure, is heating up, new research shows. Joint research by Preqin and the Australian Investment Council reveal super funds are on the hunt for ...

Former van Eyk chief charged

JAMIE WILLIAMSON  |  FRIDAY, 21 MAY 2021
... Rebalance Investment). He also concealed reasonable detail of the Rebalance Investment while knowing it was to fund the acquisition of the TAA loan, thereby blocking a third party from investing van Eyk. ASIC also said that, as a director of Three Pillars ...

Praemium chief executive exits

ANNABELLE DICKSON  |  FRIDAY, 21 MAY 2021
... shareholders. The board was then terminated and Ohanessian was reinstated as chief executive. Since then, he oversaw the acquisition of Powerwrap which led to a 96% increase in global funds under administration. For the March quarter, the Australian ...

Raw truth on merger process: Panel

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
With consolidation in the superannuation industry not slowing down, those who've been through a merger have revealed the anxiety, job losses and workload involved. Speaking on a panel at the AIST Conference of Major Superannuation Funds, Spirit ...

Charter Hall grows portfolio by $800m

JAMIE WILLIAMSON  |  WEDNESDAY, 19 MAY 2021
... portfolio boasts an average WALE of 9.1 years with fixed annual rent increases of between 3.5% and 4% per annum. The acquisition brings Charter Hall's office portfolios to more than $23 billion. In total this financial year, Charter Hall has added about ...