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Showing 1731 - 1740 of 3466 results for "Stake"

Industry fund adds new talent

JAMIE WILLIAMSON  |  FRIDAY, 24 AUG 2018
A $90 billion industry superannuation fund is welcoming a new head of compliance, as well as a portfolio manager from Mercer. First State Super has appointed Athena Efstratiadis to lead its compliance function. With more than 25 years' experience in ...

Boutique fund house backs zinc project

JAMIE WILLIAMSON  |  FRIDAY, 24 AUG 2018
... Tribeca became wholly-owned by its management for the first time in 10 years. Previously Grant Samuel Funds Management held a stake in the boutique; it continues to distribute the firm's Alpha Plus and Smaller Companies funds.

CCIV draws mixed reception: Research

KARREN VERGARA  |  THURSDAY, 23 AUG 2018
Australia's Corporate Collective Investment Vehicle (CCIV) initiative received mixed responses from the global asset management community planning to ramp up cross-border strategies in the next five years, State Street research shows. Of the 250 ...

Equity Trustees net profit up 28pct, execs get bonuses

KANIKA SOOD  |  WEDNESDAY, 22 AUG 2018
... Trust's super trustee appointment bought in $3.2 in funds under management. During the period, it also acquired majority stake in a UK-based funds governance business in a strategic move.

AMP names new chief executive

JAMIE WILLIAMSON  |  WEDNESDAY, 22 AUG 2018
AMP has named its new chief executive, ending months of speculation. Francesco De Ferrari will take the helm from 1 December 2018. He was most recently chief executive, South East Asia and Frontier Markets at Credit Suisse, as well as head of private ...

YBR rejects 'opportunistic' takeover bid

KARREN VERGARA  |  TUESDAY, 21 AUG 2018
Yellow Brick Road has rejected a takeover bid claiming the offer price was too low and "opportunistic." Mercantile OFM (a wholly owned subsidiary of ASX-listed Mercantile Investment Company) yesterday submitted an off-market takeover bid to ASIC to ...

Super funds cop governance grilling

HARRISON WORLEY  |  TUESDAY, 21 AUG 2018
Governance experts have weighed in on the repercussions for superannuation fund executives and trustees after an unyielding fortnight of appearances at the financial services Royal Commission. Governance Institute of Australia chief executive Steven ...

Global property manager appoints Aussie asset management lead

KANIKA SOOD  |  MONDAY, 20 AUG 2018
A $157 billion real estate investment manager has appointed a former AMP Capital executive to head its Australian asset management business after the incumbent left in May. Rick Marston has been appointed as TH Real Estate's head of asset management ...

Former Magellan executive appointed to Contango board

KANIKA SOOD  |  FRIDAY, 17 AUG 2018
... in-depth knowledge of funds management," Amos said. Campbell joins the board ahead of Contango's acquisition of the remaining stake of Switzer Asset Management. In March this year, CGA acquired a 46.25% stake in the retail business of Switzer Asset Management. ...

AMP incorrectly charged more than $26 million: Royal Commission

HARRISON WORLEY  |  THURSDAY, 16 AUG 2018
The Royal Commission heard AMP incorrectly charged superannuation members more than $26 million in fees. AMP found itself in the witness box on Day 48 of the Royal Commission; with AMP Super chair Rick Allert answering questions in the morning session ...