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Showing 131 - 140 of 443 results for "Buys"

BetaShares shareholder buys $13 billion fund manager

JAMIE WILLIAMSON  |  TUESDAY, 20 FEB 2018
A significant shareholder in BetaShares has added a $13 billion ETF manager to its growing stable. Korea-based Mirae Asset Global Investments entered a $616 million definitive agreement to purchase 100% of fully diluted shares in New York-based ETF ...

US investment giant buys La Trobe Financial

JAMIE WILLIAMSON  |  MONDAY, 18 DEC 2017
Melbourne-based La Trobe Financial, one of the largest non-bank lenders in the country, struck a landmark deal with New York-based private equity giant Blackstone. In a deal announced this morning, Blackstone has taken an 80% stake in the privately-owned ...

What price Brexit certainty?

BENJAMIN ONG  |  MONDAY, 20 NOV 2017
... least when it comes to trade - than the EU. A briefing paper on UK-EU trade (published on 7 November) shows that, the UK buys more from the EU -- £312 billion or 53.9% of total imports of goods and services - than it sells -- £236 billion or 43.1% ...

China trade deficit with Australia widens

BENJAMIN ONG  |  THURSDAY, 9 NOV 2017
... (4.3%). It's different with Australia. Its biggest export market continues to play the role of a supportive big brother. China buys more from Australia than it sells. The latest report shows the China-Australia trade balance remained in deficit to the ...

Global $1.2tn manager buys Australian firm

ALEX BURKE  |  TUESDAY, 3 OCT 2017
An international asset manager with more than $1.2 trillion in assets is boosting its Australian presence with its first major local acquisition. Natixis Global Asset Management purchased 40% of Investors Mutual (IML) for $120 million from Pacific Current ...

Infocus buys influential advice business

JAMIE WILLIAMSON  |  TUESDAY, 5 SEP 2017
Infocus acquired a leading holistic financial advice business to provide the wealth manager with a Sydney office and to continue growing its national salaried advice strategy. Announcer, led by chief executive Andrew Rocks, will now fall under the Infocus ...

Emerging markets need a rethink

ALEX BURKE  |  WEDNESDAY, 16 AUG 2017
... paycheck. We want the company that sells him his milk, or produces it for him. We want the insurer that insures him when he buys his first car. For that reason, our portfolio is almost entirely consumer staples and financials," he said. The fund targets ...

Hassle-free housing investment

JAMIE WILLIAMSON  |  FRIDAY, 2 JUN 2017
... significant funds, especially if you're chasing the very high-quality stuff in Sydney or Melbourne," Millet said. BRICKX buys residential properties, places them in a unit trust and then breaks them down into 10,000 individual Bricks which investors ...

Advice network buys into accounting industry

ALEX BURKE  |  MONDAY, 15 MAY 2017
An advice network nearing $5 billion in assets under management is now taking on the accounting sector with the acquisition of a full-service accountancy firm. AZ Next Generation Advisory recently acquired Peters and Partners, a firm established in ...

Which part of the elephant are you holding?

BENJAMIN ONG  |  FRIDAY, 5 MAY 2017
... market expectations but the fact remains that overall, Australia continues to sell more goods and services abroad than it buys - and for five months running. The 10% increase in consumption goods imports over the month also pictures a good elephant because ...