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Showing 111 - 120 of 364 results for "divestment"

AMP appoints new chief financial officer

ANDREW MCKEAN  |  WEDNESDAY, 30 NOV 2022
... leading the group through a period of significant change." "Over the last three years, he has helped lead and oversee the divestment of a number of businesses and has supported the transformation of AMP. With these divestment programmes now concluded ...

MaxCap sells logistics site to Brookfield

JAMIE WILLIAMSON  |  WEDNESDAY, 30 NOV 2022
... that we forecast in industrial land values in core locations. It was about buying well, adding value, and opening up divestment options through development, subdivision or englobo sale," MaxCap Group head of direct investments and MIOF portfolio manager ...

Link Group offloads PEXA stake

ANDREW MCKEAN  |  MONDAY, 21 NOV 2022
... attractive cash flows with multiple growth levers." As previously reported by Financial Standard, Link has been exploring divestment options for the troubled Link Funds Solutions business, which included Link Fund Solutions Limited; it appointed Macquarie ...

Praemium expands executive team

JAMIE WILLIAMSON  |  TUESDAY, 15 NOV 2022
... occurring in this market segment," Praemium said. Commenting, Praemium chief executive Anthony Wamsteker said: "The recent divestment of the international business means Praemium has the capital, cashflow and focus to deliver on our strong growth aspirations ...

Link seeks to offload Fund Solutions

ANDREW MCKEAN  |  THURSDAY, 20 OCT 2022
Link Group is exploring divestment options for the troubled Link Fund Solutions business, which includes Link Fund Solutions Limited, and has appointed Macquarie Capital and UBS Securities as advisers. As previously reported by Financial Standard, in ...

UniSuper caps future investment in fossil fuels

RACHEL ALEMBAKIS  |  FRIDAY, 16 SEP 2022
... directly influence change by engaging with boards and management and by exercising our voting rights," Pearce said. "Divestment, while always an option, eliminates the influence we have. "Engagement is working. This year we've seen 76% of our investments ...

Adviser losses now baked in: Rainmaker

JAMIE WILLIAMSON  |  THURSDAY, 15 SEP 2022
... failure of its core markets of retail superannuation and platforms, but that the same forces of disintermediation and divestment away from the advice sector by wealth managers have combined to impact not only the volume of FUM they serve, but its need ...

ACCC approves Dye & Durham, Link deal

JAMIE WILLIAMSON  |  FRIDAY, 9 SEP 2022
... acquisition of Link, it would own 42.77% of PEXA Group, raising significant competition concerns. The ACCC said, without the divestment of its existing businesses, it would be "a near monopoly provider of Electronic Lodgment Network services." "We were ...

HESTA adds Woodside, Santos to climate watchlist

ANDREW MCKEAN  |  TUESDAY, 6 SEP 2022
... Climate' resolutions, directors' elections, support or filing of shareholder resolutions and/or consideration of divestment, where HESTA considers there is inadequate evidence of progress to address risks and it is in members' best financial ...

Ampol to sell 49% of Z Energy Properties to Charter Hall

CASSANDRA BALDINI  |  MONDAY, 29 AUG 2022
... ungeared and is expected to be consolidated for accounting and ratings purposes. The acquisition will be funded by the divestment of CQR's its 52% interest in the Coles Distribution Centre, Adelaide (CDC) at book value to a Charter Hall managed fund. ...