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Showing 1241 - 1250 of 3753 results for "Acquisition"

Perpetual reports $2.7bn in net outflows

KANIKA SOOD  |  FRIDAY, 22 JAN 2021
... 10% via cash) to buy 75% interest in Barrow, Hanley, Mewhinney & Strauss from BrightSphere Investment Group. Post-acquisition, Perpetual's combined $92.3 billion would be 42% US equities, 11% global equities, 14% Australian equities, 27% cash and ...

Investa buys $800m property from Macquarie

ELIZA BAVIN  |  FRIDAY, 22 JAN 2021
... metres of office space across 28 levels and 2000 square metres of retail. ICPF fund manager Brendan Looby said the acquisition is in line with the fund's strategy given the building quality, location and sustainability and technology features. "We also ...

Longstanding Netwealth chair resigns

ANNABELLE DICKSON  |  THURSDAY, 21 JAN 2021
The platform has appointed a former UBS executive as chair following the resignation of its founding chair. Netwealth announced in its quarterly business update that Tim Antonie will take over from Jane Tongs, who has served as chair for more than two ...

Boards suffer from disconnect between risk, strategy

ELIZA BAVIN  |  WEDNESDAY, 20 JAN 2021
... concerns that Australian businesses are not backing themselves," Nyssen said. "Business lending is down, mergers and acquisition deal volumes are down, and share buy backs by listed organisations are up." The research found four key areas of development ...

HUB24 posts record inflows

KANIKA SOOD  |  TUESDAY, 19 JAN 2021
... Administration Service. December quarter was an eventful one for HUB24: it won IOOF from BT, in November it finished the acquisition of Ord Minnett's Portfolio Administration Service and is currently in process of acquiring Xplore Wealth and a substantial ...

EISS Super director joins Macquarie board

KANIKA SOOD  |  TUESDAY, 19 JAN 2021
Macquarie has added an EISS Super non-executive trustee director to its boards. Mike Roche will join the Macquarie Group and Macquarie Bank boards effective January 20, alongside Oz Minerals chair Rebecca McGrath. Roche has been on the EISS Super board ...

Optimum Pensions partners with Generation Life

KANIKA SOOD  |  TUESDAY, 19 JAN 2021
... for Lonsec's listed investment solutions division increased from $431 million to $1.3 billion between October 13 acquisition and December end. The 51% increase was "significantly higher than forecast", GDG said in ASX filings.

AIA progresses with acquisition

ANNABELLE DICKSON  |  TUESDAY, 19 JAN 2021
The life insurer is a step closer to finalising the acquisition of CommInsure Life, having now contacted policyholders. AIA Australia and CommInsure Life has sent a letter to CommInsure policyholders to inform them of the intended transfer by way of ...

BlackRock results reveal Aladdin trajectory

ELIZABETH MCARTHUR  |  FRIDAY, 15 JAN 2021
... BlackRock has made several acquisitions aimed at expanding Aladdin's capabilities. In 2019, the company completed its acquisition of eFront, an alternative investment management software provider. The move vastly expanded Aladdin's alternatives capab ...

Morningstar introduces new platform

KARREN VERGARA  |  FRIDAY, 15 JAN 2021
Morningstar has launched a new platform that helps advisers, traders and market analysts stay on top of market movements. Morningstar Market Monitoring provides real-time data, market insights and newsfeeds. The platform has 40 configurable web components ...