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Showing 1311 - 1320 of 3464 results for "Stake"

Former energy minister nabs role at investment group

ALLY SELBY  |  THURSDAY, 3 SEP 2020
Former ACT deputy chief and energy minister Simon Corbell has been appointed as the chair of an institutional investment advocacy body. Corbell will chair the Clean Energy Investor Group, an advocacy body representing domestic and global institutional ...

First Sentier takes stake in renewable energy

ELIZA BAVIN  |  TUESDAY, 1 SEP 2020
First Sentier Investors (FSI) announced it has acquired a 40% stake in Terra-Gen from Energy Capital Partners (ECP). New York-based Terra-Gen develops, constructs, and operates utility-scale wind, solar, energy storage, and geothermal electrical generation ...

ASIC names operations, risk leads

KARREN VERGARA  |  MONDAY, 31 AUG 2020
The corporate regulator has made two senior appointments to lead its operations and risk management units. ASIC promoted long-serving employee Warren Day to the newly-created role of chief operating officer after serving as the executive director of ...

IOOF posts profit, restructures business

ELIZA BAVIN  |  MONDAY, 31 AUG 2020
... non-core subsidiaries were $105 million in total considerations for the sale of subsidiaries during FY20. The sale of its stake in Australian Ethical, totaling 14.2 million shares, added $74.2 million post year end. Its platform business saw $1.3 billion ...

IOOF buys MLC Wealth for $1.4bn

ELIZA BAVIN  |  MONDAY, 31 AUG 2020
Wealth manager IOOF has launched a $1 billion capital raising to help fund the acquisition of MLC Wealth in a deal worth $1.4 billion. The agreement follows the announcement by NAB in 2018 to exit the business, saying the decision is in line with its ...

ASIC relaxes IPO red tape

ANNABELLE DICKSON  |  THURSDAY, 27 AUG 2020
ASIC has loosened the red tape for companies undertaking an initial public offering with the issuance of regulatory relief. Following a public consultation in February 2020, the corporate regulator has amended the legislation to grant relief for voluntary ...

Citi adds compliance head

ANNABELLE DICKSON  |  THURSDAY, 27 AUG 2020
Citi Australia has appointed Sarah Stewart as managing director and chief country compliance officer for Australia and New Zealand. She takes over from James Davies, who was recently appointed as regional chief compliance officer for Citi's Institutional ...

MUFG appoints sector head

KANIKA SOOD  |  FRIDAY, 21 AUG 2020
... business. Previously, she worked at ANZ including as head of loan asset management and integration. MUFG recently sold its 15% stake in AMP Capital back to the business for $460 million.

Retail investors surpass one million

ALLY SELBY  |  FRIDAY, 21 AUG 2020
... advanced analysis, tax tools and live pricing." CommSec Pocket leads the industry in terms of overall satisfaction, while Stake and SelfWealth came in second and third, respectively. Investment Trends also found that a significant proportion of investors ...

Northern Trust launches ESG capability

ALLY SELBY  |  FRIDAY, 21 AUG 2020
Global custodian Northern Trust announced it has redeveloped its environmental, social and governance analytics capabilities to now include key environmental data categories. Northern Trust's clients, many of which are asset owners such as pension and ...