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Showing 1161 - 1170 of 3753 results for "Acquisition"

Guardians appoint NZ equities lead

KARREN VERGARA  |  WEDNESDAY, 21 APR 2021
The Guardians appointed a lead to oversee the New Zealand equities team and its external fund managers. Joe Halapua has been promoted to the role of manager of NZ equities. He will report to head of direct investment Will Goodwin. The team allocates ...

HUB24 FUA up on acquisitions

ANNABELLE DICKSON  |  TUESDAY, 20 APR 2021
... recorded 28 new licensee agreements with large boutiques and self-licensed practices throughout the March quarter. The acquisition of Ord Minnett's Portfolio, Administration and Reporting Services (PARS) contributed $9.3 billion in PARS FUA and combined ...

Mainstream moves forward with SS&C

ANNABELLE DICKSON  |  MONDAY, 19 APR 2021
... fully operative. 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. ...

Centuria to merge with Primewest

ANNABELLE DICKSON  |  MONDAY, 19 APR 2021
Centuria Capital Group has entered a bid implementation deed to merge with Primewest, creating one of the largest real estate managers on the ASX with $15.5 billion in assets. Under the deal, Primewest shareholders will receive $1.51 per security made ...

Regulator frets over SPAC boom

ELIZABETH MCARTHUR  |  FRIDAY, 16 APR 2021
The US financial markets regulator has confirmed it has concerns around the rapid growth of Special Purpose Acquisition Companies (SPACs). US Securities and Exchange Commission acting director for the division of corporate finance John Coates said there ...

Managed accounts prop up platforms

ANNABELLE DICKSON  |  FRIDAY, 16 APR 2021
... Netwealth recording $46 billion in FUA, followed by HUB24 at $22 billion and Praemium at $8 billion, prior to any acquisition activity. The research shows separately managed accounts (SMAs) hold almost half the market followed by managed discretionary ...

Multi-boutique launches farmland fund

JAMIE WILLIAMSON  |  TUESDAY, 13 APR 2021
Warakirri Asset Management has launched a new fund, seeded by a European pension fund, providing domestic and offshore institutional investors with exposure to Australian agricultural property. The new Warakirri Farmland Fund will buy, develop and own ...

Mainstream obtains superior takeover offer

ANNABELLE DICKSON  |  TUESDAY, 13 APR 2021
The investment administration firm has received a superior offer to Vistra's proposed $170 million acquisition and has notified the firm to either match or offer more favourable terms. SS&C Technologies Holdings has now entered a conditional scheme ...

Yarra completes acquisition

KARREN VERGARA  |  MONDAY, 12 APR 2021
Yarra Capital Management has completed the acquisition of Nikko Asset Management's Australian business, which was announced on March 2. Yarra will soon revive Nikko AM's former name Tyndall Investment Management, which was removed in September 2014 ...

Catholic Super bank implements Temenos

KANIKA SOOD  |  MONDAY, 12 APR 2021
... banking business, after considering an ADI license for two years. At the time, Bell Porter's Lafitani Sotiriou said the acquisition would give Challenger the opportunity to offer term deposits, but gain the net interest margin through existing investment ...