Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1521 - 1530 of 3465 results for "Stake"

Industry fund awards $125 million mandate

KANIKA SOOD  |  THURSDAY, 26 SEP 2019
... including LeapFrog Investments, MicroVest Capital Management and responsAbility Investments, where the super fund has a minority stake.

IOOF completes Ord Minnett sale

JAMIE WILLIAMSON  |  TUESDAY, 24 SEP 2019
A consortium of private investors led by Ord Minnett management have bought IOOF's 70% stake in the firm for $115 million. IOOF announced today the completion of the sale, saying the buyer was a consortium of investors led by current Ord Minnett ...

Investors must monitor social mood: Nikko

ELIZABETH MCARTHUR  |  MONDAY, 23 SEP 2019
Nikko investment director in global equities Iain Fulton says investors should be aware of the social mood and the social reputation the companies in their portfolios carry. At an investor briefing in Sydney, Fulton suggested investors look to the art ...

Businesses warned to avoid dud funds

ELIZA BAVIN  |  MONDAY, 23 SEP 2019
... benefits. Now that doesn't mean they're ripping you off necessarily, but it gives you an idea of how much money is at stake," Dunnin said

Challenger appoints funds management boss

KANIKA SOOD  |  TUESDAY, 17 SEP 2019
... teams up with active boutique managers, usually providing distribution and back office support in exchange for a minority stake and revenue share. It now has 16 boutiques with $58.9 billion in total assets under management, making it the eighth largest ...

CommSec responds to sale rumours

ELIZABETH MCARTHUR  |  TUESDAY, 17 SEP 2019
... chief executive Tim Gunning also declined to comment on the speculation. The rumours come after IOOF divested its majority stake in Ord Minnett in June. It moved to offload its 70% stake in Ord Minnett to a consortium of private investors led by current ...

Global asset manager moves into healthcare

KRISTI CHENG  |  FRIDAY, 6 SEP 2019
... healthcare segments, including medical centres, day hospitals, and tertiary aged care. Centuria Heathley retains a minority stake in the joint venture. The transaction will enable AXA IM - Real Assets to build on its existing global healthcare portfolio ...

APRA slaps traffic light ratings on super funds

KARREN VERGARA  |  TUESDAY, 3 SEP 2019
The prudential regulator confirmed a "traffic light" system aimed at weeding out underperforming superannuation funds is currently in the works. Deputy chair Helen Rowell flagged APRA is developing a heat map based on four key areas -investment returns ...

NAB sells stake in fund manager

KANIKA SOOD  |  MONDAY, 2 SEP 2019
NAB Asset Management sold down its minority stake in a global equities fund manager but will continue to distribute the strategy down under. Connecticut's' Altrinsic Global Advisors and NAB Asset Management started working together in 2011, when NAB ...

AMP hires head of whistleblowing

ELIZABETH MCARTHUR  |  MONDAY, 2 SEP 2019
AMP has appointed a group whistleblowing officer as it pumps $100 million into its governance, risk and controls. Anne-Marie Paterson steps into the role, joining AMP from Commonwealth Bank where she was the executive manager and whistleblower investigation ...