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Showing 171 - 180 of 2657 results for "Purchase"

Perpetual Corporate Trust adds staff

ELIZABETH FRY  |  MONDAY, 22 JAN 2024
... wealth, asset management and superannuation markets. Perpetual acquired the debt and advisory business last October. The purchase also included specialist fixed income digital platform, Treasury Direct, which had $21 billion in assets under administration. ...

MSC Trustees acquires Certane Corporate Trust

KARREN VERGARA  |  FRIDAY, 19 JAN 2024
... Group, which provides retail custody, and trustee and agency services to asset managers and financial product issuers. The purchase price was not disclosed. Certane had a previous life as Sargon Capital, led by chief executive Phillip Kingston. In 2018 ...

Bitcoin ETFs given green light by US regulator

ANDREW MCKEAN  |  THURSDAY, 11 JAN 2024
... SEC's move to list Bitcoin ETFs on regulated exchanges thus allows advisers "the kingmakers of the ETF market" to purchase them, opening up the cryptocurrency market to a key segment. Nevertheless, SEC chair Gary Gensler emphasised that the approval ...

Investors livid over fresh portfolio valuation: Mayfair 101

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JAN 2024
Mayfair 101 says its noteholders have been left devastated by new sales data that suggests the Mission Beach real estate portfolio has increased in value by as much as $170 million. Mayfair 101 purchased the portfolio of 200-plus properties in 2019. ...

Inflation eases to 4.3%

KARREN VERGARA  |  WEDNESDAY, 10 JAN 2024
Inflation declined to 4.3% in the year to November 2023, easing from 4.9% in October. The latest data from the Australian Bureau of Statistics (ABS) found that the rising costs of housing (up 6.6%), food and non-alcoholic beverages (up 4.6%), insurance ...

Centuria buys greenhouse farm

KARREN VERGARA  |  WEDNESDAY, 10 JAN 2024
Centuria Capital Group is ramping up its agricultural portfolio with the acquisition of a $21.5 million greenhouse farm. The Centuria Agriculture Fund (CAF) is the new owner of the facility operated by hydroponic vegetable producer P'Petual Holdings. ...

Former director sentenced to over four years imprisonment

ANDREW MCKEAN  |  THURSDAY, 21 DEC 2023
... exploited his position as director of Secure Investments, extracting more than $550,000 from the company's accounts to purchase shares in a security company for his personal benefit. ASIC froze the assets of Naseeruddin's companies in 2019, and ...

Advisers, accountants ramp up partnerships

KARREN VERGARA  |  WEDNESDAY, 13 DEC 2023
Putting an old rivalry behind, financial advice practices are increasingly joining forces with accounting firms as the former seeks to meet clients' demand for holistic advice that includes taxation. Over the next decade, Radar Results predicts ...

Perpetual explores split following review

CASSANDRA BALDINI  |  WEDNESDAY, 6 DEC 2023
... particularly where M&A is involved can, and do, take time to deliver full benefits," D'Aloisio said. Through the purchase of Trillium in 2020, Perpetual said it substantially increased assets from $5.6 billion to $9.7 billion, with a noteworthy $2.3 ...

AIMCo, New Agriculture buy Kimberley Cattle Portfolio

CASSANDRA BALDINI  |  WEDNESDAY, 29 NOV 2023
Alberta Investment Management Corporation (AIMCo) and New Agriculture are set to jointly acquire the Kimberley Cattle Portfolio for an undisclosed sum. The Kimberley Cattle Portfolio (Yougawalla Pastoral Co and Argyle Cattle Co) is a large-scale cattle ...