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Showing 171 - 180 of 559 results for "Latter"

Netwealth proposes merger with Praemium

ANNABELLE DICKSON  |  TUESDAY, 2 NOV 2021
Early this morning Netwealth made an unsolicited bid of $785 million to merge with Praemium, but the latter has rejected the move. Netwealth offered one new share for every 11.96 Praemium shares plus a cash consideration following the net proceeds from ...

FinClear scores clearing mandate

JAMIE WILLIAMSON  |  WEDNESDAY, 13 OCT 2021
... provide third-party clearing services to a global broker-dealer. FinClear secured the deal with Velocity Trade, ending the latter's relationship with UBS. The move, FinClear chief executive David Ferrall said, will present several synergies to both firms. ...

FSC advice reforms slash time, costs by 30%

KARREN VERGARA  |  TUESDAY, 12 OCT 2021
... the safe harbour completely or removing the safe harbour but enhancing FASEA's code of conduct The FSC prefers the latter approach which results in a 9% reduction in cost and 7% reduction in time, Storniolo said.

Loomis Sayles lists active ETF

KARREN VERGARA  |  FRIDAY, 1 OCT 2021
... Sayles Global Equity Fund (ASX: LSGE) is a separate class of units in the unlisted Loomis Sayles Global Equity Fund. The latter launched in Australia three years ago in partnership with another Natixis Investment Managers affiliate, Investors Mutual. ...

CMC Markets buys ANZ Share Investing

ANNABELLE DICKSON  |  FRIDAY, 17 SEP 2021
The online trading platform is set to pay $25 million for the big four bank's share investing client base as the latter continues to simplify its banking strategy. The transaction will see 500,000 ANZ Share Investing clients with total assets in excess ...

William Buck merges with sixth firm

KARREN VERGARA  |  THURSDAY, 16 SEP 2021
A Melbourne-based advisory firm has merged with William Buck as the latter continues its aggressive expansion strategy. BR Wellington is an accounting and business advisory firm and will rebrand as part of William Buck Australia and New Zealand. All ...

Pinnacle to increase stake in Coolabah

KANIKA SOOD  |  MONDAY, 6 SEP 2021
The Sydney multi-boutique is looking to add to its stake in Christopher Joye's Coolabah Capital Investments as the latter grows its FUM by 172% in less than two years. Pinnacle Investment Management acquired a 25% stake in Coolabah in December 2019 ...

Departures continue at AMP Capital MAG

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
Another portfolio manager has left AMP Capital for a $3.2 billion Sydney investment firm, as the latter readies a new fund. Fiona Manning joined Apostle Funds Management on August 30 as a portfolio manager for a soon-to-be launched fund, the Apostle ...

Redpoint launches equity income fund

KARREN VERGARA  |  WEDNESDAY, 4 AUG 2021
... and tax awareness within one risk managed portfolio," Cappetta said. Fund manager GSFM has a 49% stake in Redpoint; the latter has the remaining share. GSFM chief executive Damien McIntyre said the new fund will provide institutional and retail investors ...

360 Capital offloads E&P stake

KANIKA SOOD  |  TUESDAY, 29 JUN 2021
... departure. TGP built a 20.22% shareholding in EP1. Tony Pitt was first endorsed for election to EP1's board, but the latter reversed their recommendation after 360 lodged a takeover bid on October 27. The company's original offer was conditional ...