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Showing 1141 - 1150 of 3752 results for "Acquisition"

Pendal to acquire US firm, profit climbs

ANNABELLE DICKSON  |  MONDAY, 10 MAY 2021
... in US mid cap value. Meanwhile, 56% of FUM is attributed to subadvisory clients and 12% to public/government. The acquisition will increase Pendal's FUM by 30% to over $132 billion and US client FUM will rise by 112% to US$44.7 billion. "This is a strategic ...

Centrepoint Alliance hires from Morningstar

ELIZABETH MCARTHUR  |  FRIDAY, 7 MAY 2021
... said that technology investments remain a key strategic priority for the dealer group. "In addition to the Enzumo acquisition, we have made a number of significant investments in technology in recent years, including the introduction of Centrepoint Connect ...

Mainstream bidding heats up

ANNABELLE DICKSON  |  THURSDAY, 6 MAY 2021
... million break fee. SS&C is a US-based global software and services provider for financial services and healthcare. The acquisition would accelerate the company's growth in the Australian market and would retain Mainstream chief executive Martin Smith. ...

Westpac to face court over insider trading

JAMIE WILLIAMSON  |  WEDNESDAY, 5 MAY 2021
... special purpose vehicle was established with the purpose of obtaining $12.77 billion in syndicated debt funding for the acquisition and ongoing related costs. It also sought to hedge the floating interest rate risk by way of 11 interest rate swaps, to ...

LGIAsuper picks custodian for merged fund

KANIKA SOOD  |  TUESDAY, 4 MAY 2021
... office services and centralised portfolio management. The Energy Super merger comes into effect on July 1 while Suncorp acquisition i s slated for a 31 March 2022 completion. "NAB's client-centric model and ability to improve operational efficiency ...

Macquarie finalises Waddell & Reed acquisition

KARREN VERGARA  |  TUESDAY, 4 MAY 2021
Macquarie Asset Management has completed the acquisition of NYSE-listed Waddell & Reed Financial. Overall, Macquarie paid $2.3 billion for Waddell & Reed Financial, an asset management and financial planning company based in Kansas, flagging the acquisition ...

New firm joins Count Financial

ELIZABETH MCARTHUR  |  TUESDAY, 4 MAY 2021
Count Financial has announced the latest firm to join its national advice network. StrategyOne Advice Network has joined Count Financial, the 16 th new firm to join since the start of 2021. Based in Northern Sydney, StrategyOne was previously part of ...

New partnership for BC Investment Group

ELIZABETH MCARTHUR  |  MONDAY, 3 MAY 2021
... strong financial services capabilities, including through their existing lending operations, as well as key customer acquisition channels," Novatti managing director Peter Cook said. "In particular, these capabilities will be invaluable in bringing income-generating ...

OpenMarkets hires, acquires, preps for IPO

ELIZABETH MCARTHUR  |  FRIDAY, 30 APR 2021
... and improving client outcomes and engagement, while also increasing efficiency and compliance for the adviser. The acquisition was driven by an increasing need for affordable advice in Australia, OpenMarkets chief executive Ivan Tchourilov said. "Increasing ...

Raiz acquires superannuation platform

KANIKA SOOD  |  WEDNESDAY, 28 APR 2021
... diligence, continuation of material contracts and Superestate being debt free. Raiz chief executive George Lucas said the acquisition adds scale, residential property to its asset mix in superannuation and outside it, and operational and growth synergies. ...