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Showing 1981 - 1990 of 19291 results for "Group"

Sequoia strikes deal to acquire Clique Paraplanning

ANDREW MCKEAN  |  MONDAY, 5 FEB 2024
Sequoia Financial Group has acquired the business assets of Clique Paraplanning in cash on an earn out revenue multiple of about one. According to an ASX announcement, the deal comprised of $150,000 in cash and $60,000 in shares. The earn out and final ...

Scarcity buys stake in asset manager

KARREN VERGARA  |  MONDAY, 5 FEB 2024
... bought into an $8 billion asset manager that caters to private wealth firms. Scarcity acquired a 30% interest in Evidentia Group but did not disclose the dollar value. Evidentia works with private wealth firms to build investment portfolios, specifically ...

Oaktree's local head of distribution resigns

ELIZABETH FRY  |  MONDAY, 5 FEB 2024
... 10-year stint at the Swiss investment banker, Penprase spent the next decade as an assistant vice president with Partners Group and director of institutional sales with Robeco. Oaktree declined to comment on Penprase's replacement, saying it does ...

Bravura hires chief people officer from AMP

CHLOE WALKER  |  MONDAY, 5 FEB 2024
... has served as director, people and culture at AMP. In her new role, based in Sydney, Davie will report directly to Bravura group chief executive and managing director Andrew Russell. She will head up Bravura's global people and culture teams, with a ...

Pinnacle affiliates push FUM to $100bn

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... now only about $200,000. In 2021, Pinnacle made a $3 million cornerstone investment in OpenInvest. Last December, Tayside Group, the family office of the Smith family, injected an undisclosed amount into OpenInvest - a transaction that Pinnacle had no ...

PGIM names institutional client group lead

ELIZABETH FRY  |  FRIDAY, 2 FEB 2024
... asset management business of Prudential Financial has chosen Chris Briant to be the new head of its institutional client group for Australia and New Zealand. Briant replaces Brewer who departed after three months of leading a team that aimed to partner ...

Super funds defend controversial weapons holdings

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... despite growing concerns among members, particularly as the Israel-Hamas war escalates. This includes France's Thales Group, US-based Honeywell International and Lockheed Martin, the UK's BAE Systems, and Israel's Elbit Systems - public companies ...

Westpac loses Ausgrid rate swap case

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
... pre-hedging could adversely impact the consortium, with every basis point increase to the price of the transaction costing the group of investors about $4.7 million. Still, Westpac pre-hedged up to 50% of the interest rate risk by trading "significant ...

Equity Trustees adds more super fund clients

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
... ClearView Retirement Plan, while also adding Guild Super to its lineup of funds following the acquisition of Guild by Future Group. The Clearview Retirement Plan was established in 1987 and is home to about 12,500 members. As at June 2023, it had about ...

GCI welcomes investment director

CHLOE WALKER  |  THURSDAY, 1 FEB 2024
... real estate strategy. Prior to GCI, Grajczyk spent two years at Melbourne-based alternatives investment manager Wingate Group, and four years at Metrics Credit Partners. Stone said the appointment of Grajczyk reflects the platform's growth potential. ...