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Showing 1481 - 1490 of 19277 results for "Group"

Commonwealth Bank shakes up executive leadership team

ANDREW MCKEAN  |  WEDNESDAY, 2 OCT 2024
... members signalled their intent to retire next year. Commonwealth Bank chief risk officer Nigel Williams and human resources group executive Sian Lewis will both step down on 16 February 2025. Williams, who's been with the bank for six years, will be ...

CFMG Capital raises for $26m Brisbane project

MATTHEW WAI  |  WEDNESDAY, 2 OCT 2024
... said. It is expected to hit the market in early 2026. It is targeting a return of close to 20% over a set term. CFMG Capital Group general manager Andrew Thomson said this is the third site in the area following the completion of two nearby residential ...

Australian Food Super picks TAL for group insurance

JAMIE WILLIAMSON  |  TUESDAY, 1 OCT 2024
The $3 billion industry superannuation fund has transitioned its group insurance arrangements to TAL. It marks the end of a five-year mandate with AIA, which took over as the fund's group life insurer in September 2019 from MetLife. Effective September ...

Growthpoint sells down majority stake in six industrial assets

KARREN VERGARA  |  TUESDAY, 1 OCT 2024
... provide solutions for portfolio companies, clients, and shareholders," TPG chief executive Jon Winkelried said last year. The group has US$229 billion in total assets. Jim Coulter and David Bonderman co-founded TPG in 1992 and opened its first office ...

Carnegie's MHC Digital, Circle target local stablecoin push

ANDREW MCKEAN  |  TUESDAY, 1 OCT 2024
Venture capitalist Mark Carnegie's MHC Digital Group and fintech Circle have teamed up on a plan to ramp up USDC stablecoin distribution in Australia and Asia Pacific, exploring institutional use cases. USDC is a fully reserved stablecoin, with over ...

Ontario Teachers', Hines snap up build-to-rent portfolio

ANDREW MCKEAN  |  TUESDAY, 1 OCT 2024
... estate investment manager Hines have acquired two build-to-rent (BTR) properties in Brisbane, comprising 354 units, from ADCO Group. The first property, located at 28 Robertson Street in Fortitude Valley, is an 89-unit building completed in October 2021. ...

Fund manager splashes $240m on AZ NGA

KARREN VERGARA  |  TUESDAY, 1 OCT 2024
... will be at least 25%. AZ NGA now has 34 partner firms, several of which are financial advice and accounting businesses. The group collectively has $15.1 billion in assets under advice. AMP is currently divesting its advice licensees and support services ...

Praemium unveils Spectrum for HNWs

MATTHEW WAI  |  TUESDAY, 1 OCT 2024
... number of HNW investors now sits at 690,000 in Australia, controlling $3.3 trillion in investable assets. As a result, the group is hunting for sophisticated investment solutions across various asset classes and Wamsteker said the launch of Spectrum ...

Colonial First State hires PE head, farewells sales exec

ELIZABETH FRY  |  FRIDAY, 27 SEP 2024
... several senior management roles at the asset manager, which was bought by KKR about three years ago. The private equity group now owns 55% of CFS which it acquired from Commonwealth Bank of Australia. Incidentally, KKR is also set to acquire the corporate ...

Mercer names investment solutions lead

ELIZABETH FRY  |  FRIDAY, 27 SEP 2024
Mercer Australia has promoted one of its senior consultants to head of wealth management investment solutions in a bid to increase bench strength in that business. Rebecca Jacques takes on the new role after six years with the firm. Mercer's chief ...