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Showing 1271 - 1280 of 6423 results for "PAC"

EQT Group dumps Iress bid

ANNABELLE DICKSON  |  FRIDAY, 17 SEP 2021
The European private equity firm has abandoned its plans to acquire Iress with both parties unable to agree to a transaction. Last week Iress granted EQT a further 10 days to complete its due diligence after an initial 30-day access on August 11. EQT's ...

UHNWs see net zero as business opportunity

ELIZABETH MCARTHUR  |  THURSDAY, 16 SEP 2021
The super-rich are committed to addressing climate change, especially when there's a profit to be made in the process. New research from Barclays Private, Campden Wealth and Global Impact Solutions Today sought the opinions of 300 of the wealthiest ...

Pension fund backs Aussie insurance distributor

JAMIE WILLIAMSON  |  TUESDAY, 14 SEP 2021
A major Canadian pension fund has taken a 33.4% stake in the Greenstone, the Sydney-based distributor of several retail insurance brands. Ontario Teachers' Pension Plan Board has reached an agreement to acquire the stake from fellow Canadian pension ...

PNG regulator denies Westpac Pacific sale

ANNABELLE DICKSON  |  TUESDAY, 14 SEP 2021
Papua New Guinea's consumer regulator, the Independent Consumer and Competition Commission (ICCC), has denied Westpac's sale of its Pacific business to Kina Securities. Kina Securities was set to pay $420 million for Westpac Fiji and 89.91% of Westpac ...

Whitehelm Capital sells to German manager

KANIKA SOOD  |  TUESDAY, 14 SEP 2021
Infrastructure boutique Whitehelm Capital has been acquired by PATRIZIA, with Challenger's Fidante set to get $50 million for its 30% stake in Whitehelm. PATRIZIA has entered a share purchase plan to acquire the entire issued share capital of Whitehelm. ...

HESTA to support young women in financial services

ANNABELLE DICKSON  |  TUESDAY, 14 SEP 2021
The $64 billion industry fund has partnered with Girls of Impact to encourage young women to consider careers in financial services where women are historically underrepresented. The collaboration will highlight opportunities and pathways in areas that ...

ATO will not pursue erroneous JobKeeper payments

KARREN VERGARA  |  MONDAY, 13 SEP 2021
The Australian Tax Office announced it will not pursue businesses that took advantage of JobKeeper despite raking in large profits, nor will it ask small businesses to repay $180 million claimed in error. The ATO revealed that over one million businesses ...

Adviser ETF take-up continues

KARREN VERGARA  |  MONDAY, 13 SEP 2021
An overwhelming number of financial advisers are recommending exchange-traded funds to clients in place of active management strategies, according to a VanEck survey. After canvassing 547 financial advisers, VanEck's 2021 Australian Smart Beta Survey ...

Economic recap: Week to September 10

BENJAMIN ONG  |  MONDAY, 13 SEP 2021
The Reserve Bank of Australia (RBA) is concerned but not alarmed at the growing cases of Delta variant infections that's wreaking havoc on the lives and livelihood in Australia's two biggest states - New South Wales (NSW) and Victoria (VIC). ...

Fund manager names new chief executive

KARREN VERGARA  |  WEDNESDAY, 8 SEP 2021
Investors Mutual Limited welcomed a new chief executive who recently finished up at a global fund manager. In the newly created role of chief executive, Damon Hambly took the reins on August 1. He reports to the board of IML and is also a member of ...