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Showing 101 - 110 of 488 results for "Mainstream"

Responsible investment sector hits $1.2tn

RACHEL ALEMBAKIS  |  WEDNESDAY, 1 SEP 2021
... side, which covers the inflows that we're seeing. People are moving their money within their own super fund from a mainstream option into responsible options, and also moving between investment managers." The report noted that overall, funds with leading ...

Mainstream revenue up 18%

KANIKA SOOD  |  FRIDAY, 27 AUG 2021
ASX-listed Mainstream reported $65.6 million in revenue for FY21, up 18% from the previous financial year. The firm said all revenue growth was organic and driven by demand in Australia, Asia and the United States. Operating EBITDA rose 27% to $20.4 ...

Apex expands APAC team

ANNABELLE DICKSON  |  FRIDAY, 6 AUG 2021
... we grow our locally delivered financial services offering." The appointments come after Apex won the bidding war for Mainstream with an offer for 100% of Mainstream shares for $2.80 per share, valuing the company at $400 million, up from SS&C's latest ...

Managed accounts fulfil best interest

ANNABELLE DICKSON  |  WEDNESDAY, 28 JUL 2021
... accounts had steadily crept up since 2012, and COVID-19 acted as an accelerant. Managed accounts are fast becoming a mainstream solution for Australian financial advisers," Guiamatsia said. In addition, through the market volatility in 2020 88% of advisers ...

Super fund awards first ESG mandate

JAMIE WILLIAMSON  |  WEDNESDAY, 14 JUL 2021
... commitment to the UN Principles of Responsible Investing (UNPRI) and the reputation it has gained for introducing ESG into mainstream bond investing, Watson added. Also commenting, Cameron Hume managing director and co-founder Chris Torkington said the ...

Sydney boutique swaps RE

KANIKA SOOD  |  TUESDAY, 29 JUN 2021
... Luke Cummings, Andrew Salvestrin and Rod Harper, who previously worked at HC Securities. The administrator changed to Mainstream. The expected transition date for both service providers was June 3.

Mainstream bidding war over

ANNABELLE DICKSON  |  MONDAY, 28 JUN 2021
The intense bidding war for Mainstream appears to have ended after the administrator entered into a scheme implementation deed with Apex Group. Apex has made an offer for 100% of Mainstream shares for $2.80 per share, valuing the company at $400 million ...

Putting the local property boom in perspective

ELIZABETH MCARTHUR  |  FRIDAY, 11 JUN 2021
... fourth fastest rate of growth globally - behind only Lithuania, New Zealand and Turkey." The last time Australia's mainstream market saw double-digit growth was in September 2017 with 10.2%,she said. "Australia is on the verge of reaching this status ...

Fund administrator eyes Australia

KANIKA SOOD  |  WEDNESDAY, 2 JUN 2021
... Australia comes as it sees opportunities in servicing funds investing in alternative assets and local players like Mainstream and Apex Fund Services get mergers and acquisitions attention. "Ascent sees an opportunity to help new and existing managers ...

SS&C hits back for Mainstream

ANNABELLE DICKSON  |  TUESDAY, 25 MAY 2021
The bidding war for Mainstream is in full swing after SS&C has come back with a superior offer following a bid from Apex Group. SS&C has exercised its matching right and increased its offer to $2.66 cash per Mainstream share. The revised offer comes ...