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Showing 101 - 110 of 391 results for "P8 Group"

Suncorp agrees to super class action settlement

JAMIE WILLIAMSON  |  TUESDAY, 26 JUL 2022
Suncorp is set to pay $33 million to settle a class action brought by superannuation members in 2019 over conflicted remuneration paid to financial advisers. The class action was brought by William Roberts Lawyers in June 2019 on behalf of Suncorp Super ...

Pearler raises $7.8m to continue growth

CHLOE WALKER  |  TUESDAY, 19 JUL 2022
The one-year-old retail trading platform has successfully closed a seed funding round led by Portage Ventures, a global fintech investor. Australian venture capital firms Archangel Ventures and Ten13 also participated in the round. The funding will ...

ANZ to purchase Suncorp Bank for $4.9bn

CASSANDRA BALDINI  |  MONDAY, 18 JUL 2022
ANZ has agreed to acquire Suncorp's banking arm for $4.9 billion, calling it a vote of confidence in Queensland's future. To help fund the acquisition, ANZ it is raising $3.5 billion via a fully underwritten pro rata accelerated renounceable entitlement ...

TIP Group appoints senior executives

CHLOE WALKER  |  THURSDAY, 30 JUN 2022
Teaminvest Private Group (TIP) has appointed Timothy Wong as its new head of TIP Equity and Michael Baragwanath as its new head of wealth. Effective July 1, Wong will be running the firm's private equity division and Baragwanath will oversee the group's ...

ASX-listed manager acquires retail boutique

JAMIE WILLIAMSON  |  WEDNESDAY, 15 JUN 2022
Teaminvest Private Group has acquired Burman Invest, the boutique founded by Julia Lee. Burman Invest was established in 2020 by Lee, who previously spent 11 years at Bell Direct. TIP Group has now acquired the equities boutique, adding greater capability ...

Allianz names new investment chief

ELIZABETH FRY  |  TUESDAY, 14 JUN 2022
Allianz Australia has appointed a new chief investment officer to replace Anthony Michael who departs the insurer next month. Allianz Australia has appointed a new investment chief to replace Anthony Michael who will quit the insurer in July after five ...

Super funds back Say on Climate

RACHEL ALEMBAKIS  |  FRIDAY, 29 APR 2022
New analysis from the Australasian Centre for Corporate Responsibility (ACCR) shows seven superannuation funds and many of the world's largest investment firms backed most 'Say on Climate' votes in 2021. There were 19 'Say on Climate' ...

AMP confirms sale talks with Dexus

ANDREW MCKEAN  |  TUESDAY, 19 APR 2022
In response to unremitted market speculation, AMP has confirmed that it held discussions with multiple parties, including real estate investment trust Dexus. In an update to investors, AMP said the discussions regarded the potential sale of the assets ...

MaxCap Group expands direct investment team

ANDREW MCKEAN  |  TUESDAY, 12 APR 2022
Real estate financier MaxCap Group has announced that Adam Cook has joined its direct investment team as director. Cook will report to MaxCap's head of direct investment Simon Hullet and be responsible for originating new equity investment opportunities ...

Citi alumna returns to strengthen superannuation offering

CHLOE WALKER  |  FRIDAY, 8 APR 2022
The former head of institutional at Pendal has been named senior relationship manager and will join the bank's Markets function with a focus on asset management and the superannuation sector. Nicki Ashton, a Citi alumna, has a wealth of experience across ...