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Showing 1371 - 1380 of 3756 results for "Acquisition"

Zenith names new general manager

ALLY SELBY  |  FRIDAY, 31 JUL 2020
Zenith Investment Partners has appointed a new general manager, following the acquisition of Chant West's superannuation and consulting business. Former Chant West head of research Ian Fryer has been promoted as Chant West's general manager, and will ...

CBA ups remediation bill for advice

ELIZA BAVIN  |  THURSDAY, 30 JUL 2020
... provisions." The announcement was welcomed by CountPlus, which it said is in line with the intent and terms of its acquisition of Count Financial. CountPlus holds an 85% stake in Count Financial and together with a special purpose subsidiary of a discretionary ...

Franklin Templeton announces revised APAC team

ELIZA BAVIN  |  WEDNESDAY, 29 JUL 2020
... Asia Pacific (APAC), including India, as well as an updated distribution team within the region as it completes its acquisition of Legg Mason. Vivek Kudva has been appointed head of APAC and will be responsible for leading the firm's retail and institutional ...

Garry Laurence to depart Perpetual

KANIKA SOOD  |  TUESDAY, 28 JUL 2020
... Perpetual Investment Management is handing over Garry Laurence-led global shares strategies to the investors at its US acquisition Barrow Hanley. The funds include Perpetual Global Shares Fund and Perpetual International Share Fund. Its internal global ...

Perpetual takes stake in US asset manager

JAMIE WILLIAMSON, KANIKA SOOD  |  MONDAY, 27 JUL 2020
... is owned by Barrow Hanley's investment and management personnel. Perpetual will pay about $465 million for the acquisition, funded via a $265 million equity raise (39.5% of the total cost), a new $284 million debt facility (nearly 50%) and cash (10.6%). ...

Perpetual slashes fees

ALLY SELBY  |  THURSDAY, 23 JUL 2020
... revealing the investment manager had seen its FUM lift 33% during the three months to June. This was largely due to the acquisition of US-based ESG investment firm Trillium and positive market movements. Cash and fixed income strategies now account for ...

PSK acquires wealth firm

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 JUL 2020
... Wealth Management as part of its growth plans. Socius founder and partner John D'Alessandri said that completing the acquisition amid COVID-19 was challenging. "What became obvious in the time we were spending with PSK during the process, was that our ...

Morningstar creates new ESG role

ELIZA BAVIN  |  TUESDAY, 21 JUL 2020
... the newly created role reflects its continued investments in growing its ESG research, including its newly-completed acquisition of ESG research and ratings firm Sustainalytics. Bioy, who most recently served as Morningstar's director, passive strategies ...

Almost 2000 advisers gone so far in 2020

ELIZABETH MCARTHUR  |  TUESDAY, 21 JUL 2020
The first half of 2020 has seen almost 2000 financial advisers leave the industry amid a time of flux for the sector. In January, the ASIC Financial Adviser Register showed 23,682 active advisers, but now the register shows 21,913 advisers. That's ...

Former CFSGAM chief joins Yarra Capital board

ELIZA BAVIN  |  MONDAY, 20 JUL 2020
... First State Investments (now First Sentier Investors). He held that role for 10 years until December 2018 prior to its acquisition by Japanese bank MUFG in 2019. Prior to that Lazberger spent 17 years with State Street in a range of senior positions ...