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Showing 1321 - 1330 of 4897 results for "Alex"

Countplus sells off underperformers and merges firms

ALEX BURKE  |  FRIDAY, 14 JUL 2017
Countplus merged two member firms and sold three others following its strategic review which also led to the group not paying a dividend for the June 30 quarter. The firms being sold, Countplus explained, generated an aggregate operating loss of about ...

Perpetual case dismissed in court

ALEX BURKE  |  THURSDAY, 13 JUL 2017
Although Perpetual's shareholder oppression case against Washington H Soul Pattinson was dismissed by the Federal Court on Monday, chief executive Geoff Lloyd said his group was simply acting in the best interests of unitholders. Perpetual, which retains ...

Bravura inks deal with $4.7bn insurer

ALEX BURKE  |  THURSDAY, 13 JUL 2017
Bravura Solutions' global expansion plans have been given an upgrade with a mandate from one of the UK's largest mutual life insurers. The Scottish Friendly Assurance Society (Scottish Friendly), established in 1862 and with about $4.7 billion in assets ...

Second private equity firm bids $2.2bn

ALEX BURKE  |  WEDNESDAY, 12 JUL 2017
One of Asia's largest specialist private equity firms is matching KKR's bid for an Australian telecoms operator. Affinity Equity Partners has submitted a non-binding proposal to acquire 100% of Vocus Group for $3.50 per share, for a total of $2.2 billion. ...

PIMCO de-risks ahead of expected recession

ALEX BURKE  |  TUESDAY, 11 JUL 2017
In a media briefing, PIMCO global economic adviser Joachim Fels said the firm is gradually de-risking portfolios given the elevated risk of recession in the next three-to-five years. Fels explained that PIMCO is currently in risk reduction mode, adding ...

Pitcher Partners founder joins Contango

ALEX BURKE  |  TUESDAY, 11 JUL 2017
One of the founding partners at Pitcher Partners has taken on a new role at Contango MicroCap. Adrian Fitzpatrick, who retired from Pitcher Partners after 29 years at the firm and its predecessors, is now an independent director on Contango MicroCap's ...

Credit firm expands to Hong Kong

ALEX BURKE  |  MONDAY, 10 JUL 2017
The Asia-Pacific executive director at a prominent Australian credit specialist is relocating to Hong Kong to build out a presence there. Hung Fei Chan joined La Trobe Financial in 2013, having previously worked at law firms including Minter Ellison ...

Vamos returns as governance firm chief executive

ALEX BURKE  |  MONDAY, 10 JUL 2017
Former long-serving chief executive of the Association of Superannuation Funds of Australia, Pauline Vamos, has become the chief executive of a firm providing ESG research to institutional investors. From today, Vamos will take the helm at Regnan, which ...

Blue Sky wins $50m venture capital mandate

ALEX BURKE  |  FRIDAY, 7 JUL 2017
Blue Sky's venture capital subsidiary has won a mandate to manage a $50 million venture capital fund and will open a new Adelaide office as part of the process. The South Australian Government awarded the mandate for the South Australian Venture Capital ...

Ohanessian vindicated by record Praemium inflows

ALEX BURKE  |  FRIDAY, 7 JUL 2017
Praemium chief executive Michael Ohanessian, who was recently reappointed following a board spill, said the firm's record inflows in the June quarter represent a "tangible validation of our underlying growth strategy." In Q2 2017, Praemium achieved ...