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Showing 1611 - 1620 of 3465 results for "Stake"

UBS small caps team launches boutique

KANIKA SOOD  |  TUESDAY, 2 APR 2019
... into building a shorting capability and will just focus on retaining its strategy. Fidante Partners has taken a minority stake and will take over the distribution and marketing responsibilities, in line with its business model.

Board of Taxation reviews granny flat taxes

ELIZABETH MCARTHUR  |  MONDAY, 1 APR 2019
The Board of Taxation has commenced a review into the tax implications of granny flat arrangements. The board has recently consulted with stakeholders from within the Government including the Department of Social Services, Department of Human Services ...

Treasury proposes standardised default insurance definitions

KARREN VERGARA  |  FRIDAY, 29 MAR 2019
Commissioner Kenneth Hayne's push to have standardised terms and definitions for group insurance is open for consultation until April 26. Treasurer Josh Frydenberg is taking recommendation 4.13 from the Royal Commission's final report further by determining ...

Multi-affiliate revamps, changes name

ELIZABETH MCARTHUR  |  THURSDAY, 28 MAR 2019
... and rebranded to GSFM. The change follows the acquisition by Canadian wealth management firm CI Financial Corp of an 80% stake of the business. That stake was previously held by corporate advisory firm Grant Samuel and a number of executives. Chief executive ...

Curtain call for JCP Investment Partners

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2019
... but became majority owned when its employees, directors and long-term advisers acquired J.P. Morgan Asset Management's 50% stake in 2010. Since inception, JCP's composite investment performance delivered an annualised return of 9.7%, compared with 8.5% ...

Industry Super Holdings slammed for weapons investment

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2019
Industry Super Holdings is under pressure to divest its stake in a company that supplies weapons technology to Saudi Arabia from the global community. A study conducted by consumer watchdog and activist group SumOfUs reveals ISH, which is owned by industry ...

IFM Investors to open new Europe office

KANIKA SOOD  |  TUESDAY, 26 MAR 2019
The $120 billion fund manager is gearing up to open a new European office in the next six months, no matter which way the Brexit deal goes. IFM Investors already has offices in the UK, Berlin and Switzerland. Chief executive Brett Himbury told Financial ...

FASEA confirms CFP recognition

HARRISON WORLEY  |  TUESDAY, 26 MAR 2019
The Financial Adviser Standards and Ethics Authority will recognise those financial advisers holding a Certified Financial Planner accreditation. On Monday, FASEA confirmed those who have completed the Financial Planning Association of Australia's Certified ...

Top staff at Regal get equity

KANIKA SOOD  |  FRIDAY, 22 MAR 2019
... people have just acquired equity stakes in the boutique for the first time, after Phil King's family bought back a 30% stake from Ascalon. The King Family trust took 100% ownership of the boutique in October. As of this month, portfolio managers ...

ABA moves to protect vulnerable customers

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 MAR 2019
Customers at risk of elder abuse, those ending a violent relationship and people experiencing long-term illness are the focus of new guidelines proposed by the Australian Banking Association. The ABA opened a consultation to the public which will result ...