Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1331 - 1340 of 7677 results for "Deal"

L1 Capital ends Channel Capital deal

ELIZABETH MCARTHUR  |  MONDAY, 31 JAN 2022
L1 Capital has ended its partnership with Channel Capital, bringing its distribution and client service in-house. The partnership has been in place for nearly five years, with L1 outsourcing its distribution to Channel. Over the last 18 months, L1 has ...

HSBC receives ESG accolades, criticism on same day

ELIZABETH MCARTHUR  |  THURSDAY, 27 JAN 2022
... glowing report on its ESG credentials and withering criticism that it "trashed" its own carbon pledge with a Saudi Aramco deal. S&P released its ESG ratings for $3 trillion financial institution HSBC, scoring the company 76 out of 100. "Climate risk ...

BNP Paribas AM appoints wholesale distribution head

JAMIE WILLIAMSON  |  FRIDAY, 21 JAN 2022
BNP Paribas Asset Management promoted from within to fill the role of head of wholesale distribution for Australia and New Zealand. Previously head of key accounts and research within the wholesale distribution team, Thira Ngoeun now leads that team ...

Advice firm rebrands, scores own AFSL

KARREN VERGARA  |  FRIDAY, 21 JAN 2022
The move to self-licensing continues to grow as a Victoria-based advice practice scored its own AFSL after operating under a dealer group for 13 years. Armed with a new AFSL, Retireinvest has rebranded to Templeton Advice Group. Templeton has three ...

Insto investors tempted by crypto

JAMIE WILLIAMSON  |  WEDNESDAY, 19 JAN 2022
... respectively," Nickel Digital head of institutional sales Fiona King said. "The crypto and digital markets have also matured a great deal, providing greater custodial services and liquidity for example. "There is still much more to be done - especially ...

Net zero banks fund $3.5bn in carbon: Market Forces

CHLOE WALKER  |  TUESDAY, 18 JAN 2022
... NAB has just led a global banking consortium to enable a 1.6 billion tonne carbon bomb, with ANZ and Westpac as part of the deal. The immensity of the fossil fuel project is matched only by the banks' willingness to repeatedly con their customers ...

Natixis sells Fiera Capital interest

JAMIE WILLIAMSON  |  FRIDAY, 14 JAN 2022
... million while 7.12 million will be sold through a syndicate led by RBC Capital Markets by way of a prospectus-exempt bought deal block trade. "Divesting our shares in Fiera Capital will provide us with additional flexibility to allocate capital in line ...

200% more ESG investments from sovereign funds

ELIZABETH MCARTHUR  |  FRIDAY, 14 JAN 2022
New data suggests sovereign wealth funds globally increased their commitments to ESG investments by 215.27% between 2020 and 2021. The amount sovereign wealth funds have invested in ESG strategies surged from US$7.2 billion to $22.7 billion. Over the ...

Blackstone inches closer to Crown Resorts deal

CHLOE WALKER  |  FRIDAY, 14 JAN 2022
Australia's biggest casino operator Crown Resorts said on Thursday its board was likely to back an improved $8.87 billion buyout proposal from US private equity firm Blackstone Inc unless a higher offer emerged. Currently, James Packer's Consolidated ...

Clime finalises ownership deal, appoints CIO

KARREN VERGARA  |  THURSDAY, 13 JAN 2022
Clime Investment Management is finalising a major deal in exchange for a majority ownership in Ralton Asset Management and appointed a new chief investment officer to lead the strategy. Upon completing due diligence, Clime's transfer of $270 million ...