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Showing 111 - 120 of 2421 results for %22M101 Holdings%22

Morrison Securities stake to net Sequoia $40m

JAMIE WILLIAMSON  |  THURSDAY, 9 MAR 2023
... for $40.5 million. The listed wealth group is divesting 80% of its equity interest in the stockbroker to New Quantum Holdings, leaving Sequoia's balance sheet debt-free and with net working capital of $10.5 million. The transaction is supported by US-based ...

Women-led super funds outperform over medium, long run

JAMIE WILLIAMSON  |  TUESDAY, 7 MAR 2023
... balance, or about 7% more. If the base average return is 6%, the result almost doubles to $76,000. Diving into the equities holdings of the products, the research found women-led funds held slightly more concentrated Australian share portfolios, as at ...

TIP Group to acquire advice firm

CASSANDRA BALDINI  |  TUESDAY, 7 MAR 2023
... (NPAT) of $0.4 million. As part of the acquisition, TIP will claim a 100% stake in both Enva Australia Pty Ltd and Enva Holdings Pty Limited. TIP said the consideration payable by the company under the proposed transaction is conditional, payable on ...

Advice firm launches Sharia-compliant platform

CASSANDRA BALDINI  |  THURSDAY, 2 MAR 2023
... model portfolio targets a return of CPI plus 4.5% per annum from a portfolio of 10 to 30 Australian and international holdings predominantly made up of mid to large-cap shares and alternative investments. Up until now, the firm explained, Islamic investors ...

UHNWs wealth in decline: Report

CHLOE WALKER  |  THURSDAY, 2 MAR 2023
... appreciation (31%). Almost half of HNWIs are looking to increase their portfolios in 2023, and in particular property holdings are likely to increase. A third of HNWIs are looking to increase their residential holdings, while 28% will seek to increase ...

LIC hunts for investment manager

KARREN VERGARA  |  WEDNESDAY, 1 MAR 2023
... at its annual general meeting last year to broaden its allocation to non-cannabis assets to more than 25% of its total holdings. Shareholders also approved the motion to change the company name to MMJ Group Holdings. At the end of June 2022, HGV held ...

Mercer embroiled in greenwashing allegations

KARREN VERGARA  |  TUESDAY, 28 FEB 2023
... companies involved in gambling such as Aristocrat Leisure, Caesar's Entertainment Inc, Crown Resorts and Tabcorp Holdings were excluded in the options, Mercer said. Another 15 companies like Budweiser Brewing, Carlsberg AS, Heineken and Treasury ...

Praemium sees record earnings jump

CHLOE WALKER  |  MONDAY, 27 FEB 2023
... billion in separately managed accounts (up 11%), $12 billion on Powerwrap (up 11%), and $21.8 billion in non-custodial holdings (up 4%). Despite the growth, it recorded a 53% decline in overall inflows of $1 billion in the period. Inflows for Praemium ...

Yarra Capital awards admin, custody mandate

CHLOE WALKER  |  THURSDAY, 23 FEB 2023
... capital fund. The Yarra Private Capital Discovery Fund, launched in October last year, is a diversified portfolio of holdings in high growth potential, unlisted companies that have an intention to go public or conduct a sales process within a three-year ...

The super investments driving future economic growth

ANDREW MCKEAN  |  WEDNESDAY, 22 FEB 2023
... electricity generation accounts for about 5% of Australia's renewable generation capacity (approximately 10% if indirect holdings are included). Complementary investments will also be needed to expand and improve electricity transmission, distribution ...