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Showing 1961 - 1970 of 4897 results for "Alex"

BNP partner wins $240m global equities mandate

ALEX BURKE  |  MONDAY, 5 SEP 2016
A BNP Paribas strategic partner has secured a $240 million global equities super mandate. Carnegie Asset Management, which currently manages over $17 billion worldwide, will provide a high conviction, active global growth equity strategy to VicSuper. ...

AB to acquire hedge fund manager

ALEX BURKE  |  MONDAY, 5 SEP 2016
AllianceBernstein has entered into an agreement to acquire an alternatives investment manager. Ramius Alternative Solutions, which is jointly owned by Ramius LLC and principals Stuart Davies and Vikas Kapoor, manages over US$3 billion and operates multi- ...

Macquarie sells down stake in Atlas Roads

ALEX BURKE  |  MONDAY, 5 SEP 2016
Macquarie has completed its selldown of equity in Macquarie Atlas Roads. The group sold 53 million shares in MQA at $5.32 per share to "a range of institutional investors via a bookbuild." As a result of this, Macquarie's stake in the company will now ...

CFS wins bid to host new SMA solution

JAMIE WILLIAMSON  |  MONDAY, 5 SEP 2016
... in which CFS already has more than $5 billion in funds under administration." Atrium Investment Management chief executive Alex Hone added: "Atrium is a rapidly expanding investment management business; in response to our clients' demand we have an SMA ...

CommSec hit with $700,000 fines

ALEX BURKE  |  FRIDAY, 2 SEP 2016
CommSec has paid $700,000 in infringement notice penalties and voluntarily refunded $1.1 million in brokerage. The infringement notices were given by ASIC's Markets Disciplinary Panel, which the regulator said "had reasonable grounds to believe CommSec ...

Energy Super rolls out digital advice service

ALEX BURKE  |  FRIDAY, 2 SEP 2016
Energy Super has gone live with its new digital advice service. The service uses Decimal's Eqilize robo-advice software, and according to Energy Super general manager of digital transformation and analytics David Beal, is aimed at delivering an "entrA(C)e" ...

Internal restructuring hits EQT profits

ALEX BURKE  |  FRIDAY, 2 SEP 2016
Internal restructuring and exiting from non-core activities has dragged Equity Trustees' profits in FY16, even if the company managed to boost its funds under management by 16% to $65 billion. Net profit after tax fell 21.6% to $13.3 million and revenue ...

Preqin research highlights surge in private capital sector

ALEX BURKE  |  FRIDAY, 2 SEP 2016
Assets under management in the global private capital industry reached $5.7 trillion in 2015, up from $5.3 trillion in 2014 and $3.8 trillion in 2010. According to Preqin research, private equity firms hold the majority ($3.8 trillion) of this amount ...

AUI reports 11.7% profit slide

ALEX BURKE  |  FRIDAY, 2 SEP 2016
Australian United Investments has reported an 11.7% decrease in net profit in FY16 to $42.2 million. Revenue was also down on the previous financial year, falling 10.4% to $48.4 million. The company has declared a final dividend of 18.5c per share ...

Sentry Group appoints head of wealth solutions

ALEX BURKE  |  THURSDAY, 1 SEP 2016
Sentry Group has appointed a new head of wealth solutions. Karen Brown joins Sentry Group from Grant Samuel Funds Management, where she was state manager for Western Australia, having held the same role for Challenger prior to that. In her new role ...