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Showing 1341 - 1350 of 6679 results for "Sale"

Franklin Templeton shuffles distribution team

ELIZABETH MCARTHUR  |  MONDAY, 9 NOV 2020
Following its acquisition of Legg Mason, Franklin Templeton Australia has refreshed its senior distribution leadership line-up. Felicity Walsh's role has been expanded as head of sales, she will now lead both the institutional and retail sales teams. ...

Macquarie profits slide 32%

KANIKA SOOD  |  FRIDAY, 6 NOV 2020
... the net profit, was impacted by lower Macquarie AirFinance income and lower performance fees. This was partially offset by sale of Macquarie Rail in the period. The banking and financial services business, which includes platform and wealth and bring ...

Connie McKeage to step back at OneVue

KANIKA SOOD  |  FRIDAY, 6 NOV 2020
... to unfold under Iress' stewardship and that they are looking forward to working alongside our staff and clients." The sale price was challenged by OVH's largest shareholder Thorney companies but eventually got the shareholder nod of approval ...

Ord Minnett acquires E.L. & C. Baillieu

ELIZA BAVIN  |  FRIDAY, 6 NOV 2020
... Minnett recently bought back IOOF's 70% stake in its business for $115 million. IOOF announced the completion of the sale and confirmed the buyer was a consortium of investors led by current Ord Minnett executives. IOOF announced it was divesting ...

AMP extends life insurance APL

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 NOV 2020
... policies with insurers not on the APL will not be impacted by the changes, AMP said. The move comes after the $3.3 billion sale of AMP Life to Resolution Life.

Life insurers recognised for innovation

KARREN VERGARA  |  TUESDAY, 3 NOV 2020
MLC Life Insurance, Challenger and TAL were big winners at this year's Plan For Life insurance awards, recognised for their innovative products and offerings. For health and wellness initiatives, MLC Life won four categories: the Overall Health ...

Westpac profits down on AUSTRAC fine

ANNABELLE DICKSON  |  MONDAY, 2 NOV 2020
Westpac has reported a "disappointing" full year result with statutory profit down a staggering 66% as a result of the ongoing pandemic and its anti-money laundering fine. Statutory profit decreased $4.94 billion to$2.29 billion while cash earnings ...

Insight Investment Australia grows team

ELIZABETH MCARTHUR  |  MONDAY, 2 NOV 2020
The $1.3 trillion global investment manager Insight Investment has appointed a new investment specialist based in Sydney. Ben Ereira joins the team, working with clients on currency and equity risk management solutions. Ereira spent 15 years at Principal ...

HUB24 to acquire Xplore, offloads Paragem

ELIZA BAVIN  |  WEDNESDAY, 28 OCT 2020
HUB24 announced a series of significant transactions, including plans to acquire Xplore Wealth and the sale of its financial advice business. Paying $60 million for Xplore, the platform provider said the proposed acquisition through a scheme of arrangement ...

DDO top of ASIC's agenda

ELIZA BAVIN  |  TUESDAY, 27 OCT 2020
Design and distributions obligation (DDO) reforms may have been pushed back to October next year as a result of COVID-19 but ASIC said it is top of the priority list for 2021. Speaking to the annual Credit Law Conference, ASIC commissioner Sean Hughes ...