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Showing 1321 - 1330 of 10439 results for "Value"

Four advice firms merge, launch Esencia

KARREN VERGARA  |  MONDAY, 3 JUN 2024
Four financial advice firms have merged to form Sydney-based practice Esencia Wealth. Advise Wise, Insight Private Wealth, Sovereign Wealth Partners, and Randle Advisory have joined forces under one banner, which is self-licensed. Matthew Fenning serves ...

Generation Development Group to take over Lonsec

KARREN VERGARA  |  MONDAY, 3 JUN 2024
Lonsec Holdings will have a new parent company as Generation Development Group (GDG) is due to acquire the remaining stake in the research and ratings house. GDG will scoop up an additional 61.9% stake in Lonsec valued at $197.4 million. About $155.4 ...

ANZ dumps remaining stake in AmBank

ANDREW MCKEAN  |  FRIDAY, 31 MAY 2024
ANZ has offloaded its remaining stake in AMMB Holdings (AmBank) in a bid to "simplify the bank." ANZ sold its 5.2% shareholding in AmBank for MYR4.10 (A$1.31) per share. The Malaysian bank is currently trading at MYR4.22 (A$1.35) per share. ANZ chief ...

BlackRock has most valuable brand, study finds

JAMIE WILLIAMSON  |  THURSDAY, 30 MAY 2024
... (PIF) takes the title among sovereign wealth funds. That's according to a global ranking of brand strength and brand value conducted by Brand Finance. The research pegs BlackRock's brand value at over US$7 billion, fueled by revenue growth and ...

Lendlease ditches overseas construction

KARREN VERGARA  |  MONDAY, 27 MAY 2024
... structural challenges and a prolonged market downturn. We need to take significant action at an accelerated pace to deliver value for our securityholders, capital partners and customers." Lendlease's share price hovered over $20 in 2018 and has tanked ...

HMC Capital scoops up Payton Capital

ANDREW MCKEAN  |  FRIDAY, 24 MAY 2024
... Capital chief executive David Payton said while the company's primary focus continues to be delivering certainty and value for borrowers and investors, the acquisition will allow them to expand their product range and increase their influence in ...

New platform launches for high-net-worth families

ELIZA BAVIN  |  FRIDAY, 24 MAY 2024
... also be white labelled by financial advisers, wealth managers, accountants, lawyers, and other professionals and can add value as a client engagement and retention tool.

Cromwell gets $457m for European funds platform

JAMIE WILLIAMSON  |  THURSDAY, 23 MAY 2024
... assets. "This is a turning point for Cromwell to focus on leveraging the exceptional team we have in Australia, to drive value from our local asset and funds management business," Cromwell chair Gary Weiss said. "In the current operating environment ...

PrimaryMarkets launches new financial adviser channel

ANDREW MCKEAN  |  WEDNESDAY, 22 MAY 2024
... and a trading desk that manages all aspects of trade settlements. PrimaryMarkets reported that over $173 million in order value has been processed through the platform, with an average order size of $63,000.

ASIC cancels Everest Asset Management's AFSL

KARREN VERGARA  |  WEDNESDAY, 22 MAY 2024
... has restrained property and other assets that include houses and investment properties, luxury vehicles, and other high-value luxury property items bought with the tainted funds. This resulted in former officers and responsible managers of Prospero and ...