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Showing 1961 - 1970 of 3163 results for "Owner"

Cross-border distribution low despite initiatives

MARK SMITH  |  FRIDAY, 12 JUN 2015
Only a small percentage of Australian fund managers have developed their off-shore distribution despite joint initiatives to promote international expansion from the Federal government and industry bodies. Of the $2.5 trillion in assets under management ...

Henderson scores $2.6bn in mandates from Perennial buyout

LAURA MILLAN  |  WEDNESDAY, 3 JUN 2015
Institutional mandates of a combined value of at least $2.6 billion will fall under Henderson Group's umbrella, following the acquisition of IOOF's Perennial Fixed Interest Partners and Perennial Growth. Both companies have combined assets under management ...

Banned for taking $4m from SMSFs

LAURA MILLAN  |  MONDAY, 1 JUN 2015
A Gold Coast businessman has been banned from the financial services industry for taking $4 million from self-managed super fund (SMSF) investors to fund his own real estate investments. The Federal Court in Brisbane banned Craig Gore permanently and ...

Barrett firm acquires Pride Advice

ALEX BURKE  |  THURSDAY, 28 MAY 2015
AZ Next Generation Advisory, owned by former ANZ managing director of advice and distribution Paul Barrett, has acquired Pride Advice. Speaking to Financial Standard, Barrett said Pride, with $180 million in assets under management, was appealing because ...

World's largest sovereign wealth fund divests coal

ALEX BURKE  |  THURSDAY, 28 MAY 2015
Norway's Parliament has voted to divest further coal holdings from the country's US$882 billion sovereign wealth fund. Specifically, the country's finance committee will sell ownership in companies with more than a 30% stake in coal-related business. ...

Acadian buys CFS stake, becomes independent

LAURA MILLAN  |  THURSDAY, 28 MAY 2015
Global fund manager Acadian Asset Management has bought the 50% stake that Colonial First State (CFS) had in the firm's Australian division. After becoming a wholly-owned subsidiary, Acadian has appointed CFS as sole distributor of its investment strategies ...

Fight profit shifting, ACTU tells industry funds

ALEX DUNNIN  |  WEDNESDAY, 27 MAY 2015
Union appointed industry super fund trustees should use their board influence to treat profit shifting by multi-national companies as a corporate governance issue and also promote infrastructure investment, delegates at the 2015 ACTU Congress were told ...

Market to open lower

AAP  |  WEDNESDAY, 27 MAY 2015
... deputy governor Philip Lowe gives a speech the Thomson Reuters' Australian Regulatory Summit. And in equities news, the owner of Radio Rentals, Thorn Group releases its full year results, as recruitment firm Programmed Maintenance Services is also releasing ...

NAS renews custody contract with CareSuper

LAURA MILLAN  |  MONDAY, 25 MAY 2015
National Australia Bank Asset Servicing (NAS) has renewed its partnership with $10 billion industry super fund CareSuper, following a tender process. NAS has been CareSuper's custodian since 1998 and executive general manager Matthew Brown said: "We ...

BNY Mellon to provide ESG insights

ALEX BURKE  |  FRIDAY, 22 MAY 2015
BNY Mellon has partnered with Dutch research and analysis firm Sustainalytics to provide environmental, social and governance insights to securities issuers. In response to growing ESG concerns in its investor-base, and the growing number of signatories ...