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Showing 1671 - 1680 of 3163 results for "Owner"

Penklis returns with $275m private equity fund

ALEX BURKE  |  MONDAY, 20 FEB 2017
Quadrant co-founder George Penklis, who stepped back from the industry in 2014, has returned to launch a new private equity fund in partnership with three other professionals. Odyssey Private Equity, which recently concluded a $275 million institutional ...

Russell sells actuarial business

ALEX BURKE  |  FRIDAY, 17 FEB 2017
Russell Investments will sell its actuarial consulting business to a leading global advisory firm. Willis Towers Watson has entered into a definitive agreement to buy the business from Russell for an undisclosed amount, in a move that WTW described ...

Copia boutique wins micro-cap mandate

ALEX BURKE  |  FRIDAY, 17 FEB 2017
... investment manager; the first is Contango Asset Management, which spun off into a separate business in June last year. The new owner of Contango Asset Management (CAM) is CAM SPV, an entity created by members of the funds management business's investment ...

SMSFs no influence on housing

JAMIE WILLIAMSON  |  FRIDAY, 17 FEB 2017
... SMSFs own less than 1% of residential properties in Australia, while 22% is owned by non-SMSF investors and 68% held by owner-occupiers; that equates to around $64 billion of the total $6.7 trillion residential property market. "SMSF property purchases ...

Pacific Current Group calls EGM for restructure

ALEX BURKE  |  TUESDAY, 14 FEB 2017
Multi-boutique asset manager Pacific Current Group will hold an extraordinary general meeting on March 15 to implement a major restructure of its business. The goal of the restructure, originally announced in December, is to make the global and ASX-listed ...

ATO must reunite individuals with lost super: ASFA

EMMA RAPAPORT  |  MONDAY, 13 FEB 2017
A peak superannuation body is calling on the federal government to increase its responsibility in reuniting Australians with millions of dollars in unclaimed super. In a pre-budget submission Association of Superannuation Funds of Australia (ASFA) chief ...

DomaCom secures exclusive US distribution partnership

ALEX BURKE  |  FRIDAY, 10 FEB 2017
DomaCom entered into an exclusive distribution agreement with a fellow real estate crowdfunding platform in the US. Three days after the ASX-listed fractional property investment firm announced it had received approval from ASIC to extend its crowdfunding ...

Bonds aiding not-for-profit investors

JAMIE WILLIAMSON  |  FRIDAY, 10 FEB 2017
... considering asset allocation, the middle ground between lending money to a bank as a depositor (term deposits) and becoming a part owner of a company as a shareholder (buying shares) is to lend to governments and corporates by investing in bonds," he ...

DomaCom gets ASIC tick for bond crowdfunding

ALEX BURKE  |  TUESDAY, 7 FEB 2017
Fractional property investment firm DomaCom was given ASIC approval to extend its crowdfunding model to securities. DomaCom's Australian financial services licence has been varied so the company can now offer fractional investment in corporate bonds ...

A bump up in credit

BENJAMIN ONG  |  WEDNESDAY, 1 FEB 2017
... 0.5% gain in the previous month - lending for housing investors surged by 0.8% (the fastest since May 2015) while that for owner-occupiers grew by 0.4%. Personal credit declined by 0.1% in December. Year-on-year, total credit growth accelerated to 5.6% ...