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Showing 1521 - 1530 of 6679 results for "Sale"

AMP defends hefty remuneration bill

ELIZABETH MCARTHUR  |  FRIDAY, 8 MAY 2020
... business," Hazelton said. A shareholder asked whether remuneration for the board and executives would be cut following the sale of AMP Life. Murray said the board would be cut from nine to seven following the sale and that the number of executives reporting ...

Macquarie advice shift offers mixed results

HARRISON WORLEY  |  FRIDAY, 8 MAY 2020
Macquarie's advice shift towards high-net-worth clients has both dragged and contributed to the firm's full-year results. Announcing its full-year results to the market today, Macquarie revealed its banking and financial services arm made a ...

Kiwi investment firm nabs Aussie talent

ALLY SELBY  |  FRIDAY, 8 MAY 2020
A New Zealand-based investment and advisory group with a strategically alliance with Credit Suisse has nabbed four Aussie senior investment bankers as it moves into the Australian market. Jarden Capital has locked down three UBS senior bankers and one ...

Court to decide OneVue claim over Sargon sale

KANIKA SOOD  |  WEDNESDAY, 6 MAY 2020
The sale of Sargon's subsidiaries has yielded $29.6 million for its secured creditors including OneVue and Westpac, who will now have their claims decided in court. The sale, which was confirmed yesterday includes Diversa, CCSL, Tidswell and Australian ...

Almost $1bn wiped off risk market

ELIZABETH MCARTHUR  |  WEDNESDAY, 6 MAY 2020
Overall risk insurance market inflows declined in 2019 breaking what was a decades long history of increases, year on year they were down by 4.5%. According to data from Plan For Life Actuaries, risk insurance inflows fell from $16.5 billion to $15.7 ...

New buyers for Sargon businesses confirmed

KANIKA SOOD  |  TUESDAY, 5 MAY 2020
... the Pacific Infrastructure Partners (PIP) which was registered with ASIC as a proprietary company about a month ago. The sale price was not revealed. Former PEXA chief Marcus Price is acting as a strategic adviser to PIP, as first reported by Financial ...

Pendal appoints new head of HNW distribution

KANIKA SOOD  |  MONDAY, 4 MAY 2020
A Sydney equities' boutique's chief executive has jumped to Pendal Group to work as its head of high net worth distribution. Lee Hopperton was most recently the chief executive and distribution head of value manager Auscap Asset Management in ...

Sargon buyers tap former PEXA chief as adviser

KANIKA SOOD  |  FRIDAY, 1 MAY 2020
... two entities related to Matt Kibbel, a managing director at New York's Kibbel Holdings, and three other entities in the sale. Price's role at Sargon Price is a former consultant for Boston Consulting Group who went on to work as the founding ...

Fortescue seeks to hide pricing

ELIZA BAVIN  |  FRIDAY, 1 MAY 2020
... reporting on and printing the discounts which the company circulates to customers and prospective customers for the contract sale of low-grade seaborne iron ore fines. FMG is the fourth largest mining company in the world, and the largest solo iron ore ...

Global manager reduces fees on flagship fund

ALLY SELBY  |  THURSDAY, 30 APR 2020
A global investment manager has cut fees on its $3.4 billion flagship global equity fund, ahead of the government's changes to end conflicted grandfathered remuneration. T. Rowe Price as slashed management fees on its Australian Unit Trust Global ...