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Showing 1121 - 1130 of 3464 results for "Stake"

Perpetual adds to board

ANNABELLE DICKSON  |  MONDAY, 28 JUN 2021
... recent acquisitions of Trillium Asset Management and Barrow Hanley Global Investors." Last November, Perpetual acquired a 75% stake in $64 billion Barrow, Hanley, Mewhinney & Strauss (Barrow Hanley). Perpetual paid around $465 million for the acquisition ...

Stake taps FinClear for ASX offering

ELIZABETH MCARTHUR  |  FRIDAY, 25 JUN 2021
Magellan-backed FinClear has been selected by Stake for trading, execution and clearing services as it moves into Aussie equities. Commission-free digital brokerage platform Stake recently announced it will add Australian equities to its platform, after ...

Channel Capital adds Cayman director

KANIKA SOOD  |  THURSDAY, 24 JUN 2021
... SEC-registered advisors domiciled there. Last year, Channel bought back minority equity partner Highbury Partnership's stake in the business, with financing from New York's Kudu Investment Management. Kudu has a business similar to Channel's ...

ASIC changes ETF market maker rules

KARREN VERGARA  |  TUESDAY, 22 JUN 2021
ASIC is making it easier for offshore market makers to work with ASX-listed and Chi-X listed ETFs. The corporate regulator has amended Class Order 13/721 [CO 13/721] to remove the requirement that an authorised participant must be an Australian resident ...

J.P. Morgan AM acquires forestry manager

KARREN VERGARA  |  TUESDAY, 22 JUN 2021
... investing firm in a bid to actively participate in carbon offset markets. BrightSphere Investment Group has sold its 75% stake in Campbell Global to J.P. Morgan AM for an undisclosed amount. J.P. Morgan AM will acquire the remaining 25% share held by ...

CBA offloads general insurance arm

ANNABELLE DICKSON  |  MONDAY, 21 JUN 2021
... an exciting role for digital innovation along our entire value chain." The sale comes after the bank divested its 37.5% stake in BoCommLife to MS&AD Insurance Group Holdings, the parent company of Mitsui Sumitomo Insurance Co for $886 million. CBA is ...

Schroders Capital adds private assets unit

KARREN VERGARA  |  FRIDAY, 11 JUN 2021
... estate, infrastructure, insurance-linked securities and impact investment manager BlueOrchard, which the firm has a majority stake in. In Australia, the local private debt and private equity teams will move under the Schroders Capital umbrella. Schroders ...

ASX invests in GROW Inc

KANIKA SOOD  |  FRIDAY, 11 JUN 2021
ASX has acquired a minority stake in fast-growing superannuation administrator GROW Inc. In a statement, the exchange said the investment aligns closely with ASX's strategy to drive efficiency in financial services using distributed ledger technology ...

Cashwerkz takes stake in boutique, plans rebrand

KANIKA SOOD  |  THURSDAY, 10 JUN 2021
ASX-listed Cashwerkz will pay $3 million in cash plus performance rights to buy a 25% stake in a boutique, as it also looks to rename the entire group. Tactical Global Management has been running since 1997 and provides tailored overlay solutions for ...

Centuria launches unlisted fund

KARREN VERGARA  |  THURSDAY, 10 JUN 2021
... unlisted platform. Primewest accepted the acquisition offer on June 4 that will see the co-founders of Primewest hold a 53% stake in the newly merged company.