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Showing 101 - 110 of 2414 results for "Holdings"

Link Group agrees to sell BCM arm

CHLOE WALKER  |  FRIDAY, 17 MAR 2023
... its banking and credit management (BCM) business for cash consideration up to $48 million to Irish firm LC Financial Holdings (LCFH). The transaction is expected to complete in the second half of the year, subject to the Financial Conduct Authority ...

GBST revamps wealth platform, unveils corporate rebrand

ANDREW MCKEAN  |  WEDNESDAY, 15 MAR 2023
... GBST's upgraded SaaS Composer platform offers organisations a consolidated view of their customers' multiple product holdings for operational efficiencies and risk reduction. According to GBST chief technology and operations officer Isabel Sanchez ...

No systemic risk with SVB, but issues remain: Experts

CASSANDRA BALDINI  |  WEDNESDAY, 15 MAR 2023
... uninsured, he believes that the banking crisis is far from over. "All banks face interest rate risk today on some of their holdings because of the Fed's rate-hiking campaign," he explained in an article for The Conversation. "This has resulted in ...

Morrison Securities stake to net Sequoia $40m

JAMIE WILLIAMSON  |  THURSDAY, 9 MAR 2023
... for $40.5 million. The listed wealth group is divesting 80% of its equity interest in the stockbroker to New Quantum Holdings, leaving Sequoia's balance sheet debt-free and with net working capital of $10.5 million. The transaction is supported by US-based ...

Women-led super funds outperform over medium, long run

JAMIE WILLIAMSON  |  TUESDAY, 7 MAR 2023
... balance, or about 7% more. If the base average return is 6%, the result almost doubles to $76,000. Diving into the equities holdings of the products, the research found women-led funds held slightly more concentrated Australian share portfolios, as at ...

TIP Group to acquire advice firm

CASSANDRA BALDINI  |  TUESDAY, 7 MAR 2023
... (NPAT) of $0.4 million. As part of the acquisition, TIP will claim a 100% stake in both Enva Australia Pty Ltd and Enva Holdings Pty Limited. TIP said the consideration payable by the company under the proposed transaction is conditional, payable on ...

Advice firm launches Sharia-compliant platform

CASSANDRA BALDINI  |  THURSDAY, 2 MAR 2023
... model portfolio targets a return of CPI plus 4.5% per annum from a portfolio of 10 to 30 Australian and international holdings predominantly made up of mid to large-cap shares and alternative investments. Up until now, the firm explained, Islamic investors ...

UHNWs wealth in decline: Report

CHLOE WALKER  |  THURSDAY, 2 MAR 2023
... appreciation (31%). Almost half of HNWIs are looking to increase their portfolios in 2023, and in particular property holdings are likely to increase. A third of HNWIs are looking to increase their residential holdings, while 28% will seek to increase ...

LIC hunts for investment manager

KARREN VERGARA  |  WEDNESDAY, 1 MAR 2023
... at its annual general meeting last year to broaden its allocation to non-cannabis assets to more than 25% of its total holdings. Shareholders also approved the motion to change the company name to MMJ Group Holdings. At the end of June 2022, HGV held ...

Mercer embroiled in greenwashing allegations

KARREN VERGARA  |  TUESDAY, 28 FEB 2023
... companies involved in gambling such as Aristocrat Leisure, Caesar's Entertainment Inc, Crown Resorts and Tabcorp Holdings were excluded in the options, Mercer said. Another 15 companies like Budweiser Brewing, Carlsberg AS, Heineken and Treasury ...