Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1201 - 1210 of 2489 results for "SPAC"

Wealth technology firm acquired for $6.8bn

DARREN SNYDER  |  THURSDAY, 18 JAN 2018
US investment and financial services software provider SS&C will pay about $6.8 billion to acquire a global technology outsourcing specialist with operations and institutional clients in Australia. SS&C will purchase DST Systems with an all-cash transaction ...

Venture capital sector booming but needs greater government support

KARREN VERGARA  |  THURSDAY, 18 JAN 2018
Millennial super fund Spaceship, artificial intelligence and machine learning companies were among the beneficiaries of Australia's booming venture capital market in 2017, but two industry bodies have called on the Government to increase its support ...

Charter Hall, ISPT boost property portfolios

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JAN 2018
Charter Hall will build a $200 million office tower in Melbourne's CBD following receipt of development approval from the Victorian Government. The Charter Hall Office Trust received approval for a new 22-storey office tower at 140 Lonsdale Street which ...

DomaCom enters retail super market with new partnership

ALEX BURKE  |  MONDAY, 8 JAN 2018
Fractional property investment manager DomaCom made a successful play for the retail superannuation sector last week after its fund was approved for inclusion by an Australian super trustee. The DomaCom Fund will now be available as an investment option ...

US investment giant buys La Trobe Financial

JAMIE WILLIAMSON  |  MONDAY, 18 DEC 2017
Melbourne-based La Trobe Financial, one of the largest non-bank lenders in the country, struck a landmark deal with New York-based private equity giant Blackstone. In a deal announced this morning, Blackstone has taken an 80% stake in the privately-owned ...

Amazon still an early-stage company: Fundie

DARREN SNYDER  |  MONDAY, 18 DEC 2017
ARK Invest chief executive Catherine Wood holds the view that every stock in the firm's disruptive innovation portfolio is an early-stage growth stock, and this includes Amazon - a firm approaching US$600 billion market capitalisation. "The way we know ...

Australian hedge fund manager eyes bigger slice of NZ telco pie

JAMIE WILLIAMSON  |  MONDAY, 11 DEC 2017
An Australian hedge fund manager has received court approval to acquire more than 10% of New Zealand's largest telecommunications company. L1 Capital, in respect of certain funds, has been granted approved by the New Zealand Crown to acquire a relevant ...

REST rolls out its millennial pitch

EMMA RAPAPORT  |  FRIDAY, 8 DEC 2017
Australia's leading millennial superannuation fund is rolling out its latest weapon in the fight for millennial super with the launch of a mobile app. The new REST Industry Super app gives members to access to information about their super and tells ...

ANZ Wealth business governance head departs for Vanguard

ALEX BURKE  |  THURSDAY, 7 DEC 2017
ANZ Wealth's head of business governance has taken on a new role at Vanguard after 16 years with the bank. Ian Dent joins Vanguard as senior compliance manager. In this position, a Vanguard spokesperson said, Dent will "lead Vanguard Australia's compliance ...

Austock Life revamps, hires new leaders

KARREN VERGARA  |  TUESDAY, 5 DEC 2017
Austock Life has appointed new management to help its rebranding efforts and launch its new product range, aiming to capture the market of financial advisers and clients of different generations. The specialist investment bond issuer has rebranded to ...