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| | | ... and US$24 billion, respectively. Upon completion of the transaction, Mizuho will leverage its expertise and network to continue providing custody services for domestic assets and will collaborate with State Street for the transferred services. State ... |
| | | | ... more focused on profit, leading acquirers to be much more discerning when it comes to fee per client - but they should continue to trade at a premium to other small businesses. According to Centurion Market Makers' Advice Practice Acquisition, Sale & ... |
| | | | ... expenses) in the sex months ended 31 December 2024. These changes were disruptive but necessary, and the business was able to continue to grow operating revenue by 2.4% compared with the previous half-year," Clime said. "Management and staff are energised ... |
| | | | ClearView Wealth's profit took a blow with its underlying net profit after tax (UNPAT) down 22% to $15.2 million in the six months to 31 December 2024, saying the slump was due to an "aberration" in the claims experience in the first quarter of FY25. ... |
| | | | Former Robeco chief investment officer Victor Verberk has partnered with sustainable fixed income credit manager Osmosis to launch Osmosis Investment Management NL in the Netherlands. The Commonwealth Superannuation Corporation and the Oxford Endowment ... |
| | | | RQI Investors, an active quant equities manager within First Sentier Investors, has strengthened its research team with two hires. Based in Sydney, Tom Marty and Alex Kiechle-Cornish will report to Ron Guido, senior quantitative portfolio manager and ... |
| | | | Perpetual's net profit after tax (NPAT) crumbled because of its simplification program, strategic review, and the fallout from its dead KKR deal. Notably, Perpetual's board scrapped the KKR deal earlier this week. However, KKR insists that a ... |
| | | | ... investors in global equities so far. Nevertheless, US equity dominance, concentrated markets, and macroeconomic forces continue to influence the investment landscape. |
| | | | ... momentum, McMurdo said, while employment expenses are "moderating". "We are seeing strong momentum which I expect to continue into the second half of the year, as we bed down our new super administration platform, and retain focus on our strategic priorities," ... |
| | | | Nearly one third of financial advisers are currently using artificial intelligence (AI) in their practice at a basic level, but many more say they need education and guidance, a new Investment Trends study finds. Some 27% of advisers that are embracing ... |
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