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Showing 1181 - 1190 of 3464 results for "Stake"

MetLife appoints former Premier

ELIZA BAVIN  |  FRIDAY, 12 MAR 2021
MetLife Australia has announced the appointment of head of external affairs and public policy, hiring from the Finance Sector Unit (FSU). Nathan Rees is set to take on the new role at MetLife leaving his previous position at the FSU where he was the ...

Local fund manager expands in Asia

KANIKA SOOD  |  THURSDAY, 11 MAR 2021
Auctus Asset Management (AVC) will buy an initial 9.9% stake in Asia-based private market investment manager Odyssey Group. Odyssey has about US$180 million in gross assets under management and advice, 25 staff and operations in both Singapore and Hong ...

Boutique buys back Montgomery stake

KANIKA SOOD  |  WEDNESDAY, 10 MAR 2021
A global long/short equities boutique is branching out on its own, as it buys back Montgomery's stake in its business. Andrew Macken and Chris Demasi's Montaka Global Investments was established in 2015, with Roger Montgomery's Montgomery ...

Westpac best for ESG reporting in Australia: Report

ELIZABETH MCARTHUR  |  FRIDAY, 5 MAR 2021
Westpac Banking Corporation has been ranked as among the best in the world for ESG reporting. It was the highest-ranked company in the ASX 50 for levels of transparency on ESG issues, according to the Currie Global ESG Monitor (GEM) study. The positive ...

Chief economist update: Fed fights back bond bears

BENJAMIN ONG  |  MONDAY, 1 MAR 2021
... yields back down to its 0.10% target. These are good moves. For each and every other country central bank know what's at stake - a premature tightening of financial conditions that'll negate all the efforts they have thrown at the COVID-19 pandemic ...

AMP and Ares enter JV

ANNABELLE DICKSON  |  FRIDAY, 26 FEB 2021
... businesses which includes equity, infrastructure debt, real estate and other minority investments, while AMP will retain a 40% stake. The transaction is valued at $2.25 billion with Ares outlaying $1.35 billion for its stake. AMP will retain $0.9 billion ...

Channel Capital expands overseas

KANIKA SOOD  |  WEDNESDAY, 24 FEB 2021
... business needs," Cook said. The announcement comes after 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 ...

Standard Life Aberdeen sells 196-year-old brand

JAMIE WILLIAMSON  |  WEDNESDAY, 24 FEB 2021
... Aberdeen will sell the Standard Life name to Phoenix Group as part of a revised deal. Standard Life Aberdeen, which has a 14% stake in Phoenix Group as part of the partnership, entered into a new binding agreement with the insurer which will see Phoenix ...

ASIC zeroes in on bad SMSF advice, conduct

KARREN VERGARA  |  TUESDAY, 23 FEB 2021
The corporate regulator continues to hunt down perpetrators that give bad advice to self-managed super funds, sounding a warning that it is flexing its new powers in superannuation. ASIC commissioner Danielle Press told the recent SMSF Association's ...

Morphic co-founder joins hedge fund

KANIKA SOOD  |  MONDAY, 22 FEB 2021
... Slater and Jack Lowenstein, who worked together at Hunter Hall. In June 2019, Ellerston bought an undisclosed controlling stake in Morphic. Slater left Ellerston a year after the sale. Point72 is one of the world's best recognised hedge funds founded ...