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Showing 1261 - 1270 of 3163 results for "Owner"

MLC transforms advice business

KARREN VERGARA  |  THURSDAY, 15 AUG 2019
MLC Wealth is restructuring its financial advice business, including consolidating its aligned dealer groups down to two. MLC Wealth chief executive Geoff Lloyd today announced he is making major changes to its financial advice business ahead of separating ...

BlackRock backs lifestyle, marketing firm

JAMIE WILLIAMSON  |  THURSDAY, 15 AUG 2019
Following an investment of more than $1.2 billion, BlackRock now holds the biggest stake in the new owner of Sports Illustrated magazine. Entities affiliated with BlackRock's Long Term Private Capital (LTPC) fund made a strategic investment in Authentic ...

DWS acquires QLD distribution centre

KRISTI CHENG  |  THURSDAY, 15 AUG 2019
DWS has acquired 50% of a prime, refrigerated distribution centre in Queensland for $134.2 million. Located in Parkinson, Queensland, this is the fourth acquisition in cold storage facilities made by the investment manager. DWS acquired it on behalf ...

Zurich inks exclusive retail distribution deal

KANIKA SOOD  |  TUESDAY, 13 AUG 2019
A Sydney small caps boutique has signed an exclusive retail distribution agreement with Zurich Investments and has also won the mandate to manage Zurich's $60 million small companies fund. Zurich Investments will now be the sole distributor of the ...

Gender wealth gap down to 11%: Roy Morgan

KRISTI CHENG  |  THURSDAY, 8 AUG 2019
... outpacing that of male employment, driven by strong increases in female full-time employment. She added: "Also the value of owner occupied homes in a rapidly rising market, when jointly owned, is a contributing factor to closing the gender gap, as both ...

Super fund turns to food sustainability

KRISTI CHENG  |  MONDAY, 5 AUG 2019
The sustainability of food supply chains has become increasingly important in determining where a $75 billion superannuation fund directs its investments. First State Super chief investment officer Damian Graham has highlighted the importance of addressing ...

Imminent launch for start-up super fund

KARREN VERGARA  |  FRIDAY, 2 AUG 2019
A start-up superannuation fund underpinned by a managed account solution will officially launch this spring. Tomorrow Super promises to be the "smarter alternative" to traditional retail, industry and self-managed superannuation funds, according to ...

Mercer slams Grattan Institute

HARRISON WORLEY  |  FRIDAY, 2 AUG 2019
The ongoing battle between Mercer and the Grattan Institute over superannuation rolls on, with the global financial services firm dedicating an entire report to pulling apart Grattan's "misleading" work. Releasing the report, authored by senior ...

Fitzpatricks expands footprint

KRISTI CHENG  |  WEDNESDAY, 31 JUL 2019
Fitzpatricks Private Wealth added another practice to its growing network. Fitzpatricks told Financial Standard it bought a stake in Perth-based Stewart Symonds & Partners, representing 38 new advisers who have joined. It is one of seven new practices ...

IOOF rejigs CRO role, appoints successor

KARREN VERGARA  |  FRIDAY, 26 JUL 2019
IOOF has redefined the role of its chief risk officer and appointed a compliance and governance expert to the position. The group also announced the sale of one of its advice practices. Amanda Noble, who has been IOOF's acting chief risk officer ...