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Showing 1981 - 1990 of 6679 results for "Sale"

ASX dismisses concern over AMP sale

HARRISON WORLEY  |  MONDAY, 12 NOV 2018
... shareholder concern, the ASX has determined AMP does not require shareholder approval to move forward with the planned $3.3 billion sale of its wealth protection businesses. On Friday the exchange confirmed AMP was not required to seek shareholder approval ...

Lazard appoints former Bennelong director

HARRISON WORLEY  |  THURSDAY, 8 NOV 2018
Lazard Asset Management appointed a former Bennelong director of distribution to lead a southern expansion. The firm responsible for more than $240 billion is expanding its distribution efforts in Australia with a new office in Melbourne. Heading up ...

Global manager appoints distribution director

KANIKA SOOD  |  THURSDAY, 8 NOV 2018
Franklin Templeton Investments Australia recently executed a senior distribution hire and flagged the opportunity to further expand its team in the local market. Vivian Sun is moving to Franklin Templeton Investments Australia as a senior director of ...

Platypus distribution director departs

KANIKA SOOD  |  THURSDAY, 8 NOV 2018
The distribution director at Platypus Asset Management has left for a role at Fidante as the former reviews its distribution options. Mark Hearne was responsible for Platypus' institutional, family office and private wealth sales for two-and-a-half ...

Link, CBA ink $1.6bn PEXA deal

JAMIE WILLIAMSON  |  TUESDAY, 6 NOV 2018
... to acquire PEXA, which has now been accepted by investors representing more than 50% of PEXA's shares, triggering a trade sale. The consortium will pay about $1.6 billion, depending on final acceptances by PEXA shareholders. To what extent Link's interest ...

Diversa executive joins managed accounts specialist

DARREN SNYDER  |  THURSDAY, 1 NOV 2018
The head of sales and relationship management at Diversa Trustees has moved to a managed accounts provider with the task of expanding its superannuation solution, following an acquisition. Joining Managed Accounts Holdings (MGP) as its head of trustee ...

NAB signals more bad advice remediation

KARREN VERGARA  |  THURSDAY, 1 NOV 2018
... of the amount. The bank is still mulling over how MLC should be offloaded by the end of 2019 - a demerger, IPO and trade sale options are on the cards. Regardless of how it is sold, NAB said it expects to have ongoing arrangements with MLC to offer its ...

ANZ wealth flows decline

KARREN VERGARA  |  WEDNESDAY, 31 OCT 2018
... dealer groups businesses generated $183 million for the period - up from $174 million on the prior year. ANZ completed the sale of its aligned dealer groups and transferred legal ownership to IOOF on 1 October 2018. One year prior, it announced it divested ...

AustralianSuper awards $500m mandate

KANIKA SOOD  |  WEDNESDAY, 31 OCT 2018
A Melbourne boutique has won a $500 million mandate from AustralianSuper, the super fund confirmed. Jamieson Coote Bonds was appointed to manage a fixed income mandate for the super fund at the end of June, Rainmaker research shows. JCB's mandate ...

CBA sells CFSGAM, new wealth business chief executive appointed

KANIKA SOOD  |  WEDNESDAY, 31 OCT 2018
... important milestone in CBA's strategy to focus on its core banking businesses and to create a simpler, better bank. The sale of CFSGAM to MUTB represents significant value for CBA shareholders and is a positive outcome for CFSGAM clients and employees," ...