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Showing 1551 - 1560 of 28248 results for "NOT"

Iress offloads QuantHouse

KARREN VERGARA  |  WEDNESDAY, 23 APR 2025
... business follows a strategic review conducted as part of its transformation program. "The review determined that Iress was not the natural owner of QuantHouse, and it would perform better under renewed ownership with the capacity and intent to invest ...

Corporate fund selects Mercer Super for SFT

JAMIE WILLIAMSON  |  TUESDAY, 22 APR 2025
One of the few remaining corporate super funds, the Goldman Sachs & JBWere Superannuation Fund, will be merged into Mercer Super from next month. In September 2024, the trustee for the Goldman Sachs & JBWere Superannuation Fund - BEST Superannuation ...

Prime Financial Group buys Lincoln Indicators

JAMIE WILLIAMSON  |  TUESDAY, 22 APR 2025
... revenues. Prime Financial Group's funds under management will be boosted to $1.9 billion once finalised. "The acquisition will not only provide Prime ownership of a leading Australian wealth provider, but also provides us with additional profitability ...

AOF asset settlement delayed, on track for June delisting

KARREN VERGARA  |  TUESDAY, 22 APR 2025
The Australian Unity Office Fund (AOF) has delayed the settlement of its Brisbane asset to August but insists that it is on track to shutter its doors before June. The settlement of 150 Charlotte Street, Brisbane was originally set to settle in late ...

Warakirri adds kiwifruit aggregation to farmland fund

ANDREW MCKEAN  |  TUESDAY, 22 APR 2025
Warakirri Asset Management has added a 200-hectare aggregation of three orchards, mainly kiwifruit, with some nashi and corella pears as well as jujubes, to its farmland fund. The manager paid $33 million for the orchards in the Goulburn Valley region ...

ECCM recruits operating chief

ELIZABETH FRY  |  THURSDAY, 17 APR 2025
Alternative asset manager East Coast Capital Management has hired a Bank of America executive to run operations. The appointment of Mary Xu as chief operating officer marks the firm's second senior appointment this year following the arrival of ...

Spender criticises Labor's 'lack of urgency' on advice reforms

ELIZA BAVIN  |  THURSDAY, 17 APR 2025
Ahead of the federal election on May 3, independent member for Wentworth Allegra Spender criticised the government for its lack of action on urgent advice reforms. Speaking at the Financial Advice Association Australia's (FAAA) federal election ...

AMP super and investments business see more outflows

ELIZA BAVIN  |  THURSDAY, 17 APR 2025
... preferred platform for advisers," George said. "Significant volatility in investment markets impacted total AUM, however, we are not allowing ourselves to be distracted by the market instability and we remain focused on delivering for customers." AMP's ...

Div 296 must proceed to strengthen 'fairness' in superannuation: ASFA

MATTHEW WAI  |  THURSDAY, 17 APR 2025
... would do," Spender said. "And so far, so good, we have been successful in stopping it, and I will do everything to keep that not going through the parliament, because I think it is really problematic." However, ASFA believes the tax can effectively ensure ...

Institutional capital returns to retail real estate after hiatus

ANDREW MCKEAN  |  THURSDAY, 17 APR 2025
Institutional capital is re-engaging in the retail real estate market, reflecting renewed conviction in the sector's outlook, according to a GPT Group report. The real estate manager, which has $34 billion in assets under management, argued that the ...