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Showing 181 - 190 of 444 results for "Acquires"

TradeFloor acquires tech solutions

ALLY SELBY  |  MONDAY, 11 MAY 2020
An Australian provider of derivatives risk management software and trading technology has made two acquisitions as it moves to build an independent trading ecosystem for the country's financial advisers. TradeFloor has acquired online stockbroker OpenMarkets ...

Centuria crosses Tasman, acquires stake in NZ manager

ALLY SELBY  |  TUESDAY, 5 MAY 2020
ASX-listed real estate investment manager Centuria Capital has acquired a 19% stake in a New Zealand-based peer, set to fork out up to NZD$23.6 million for the deal. The $7.2 billion firm has agreed to acquire the stake in listed real estate manager ...

Morningstar acquires global ESG ratings house

ALLY SELBY  |  FRIDAY, 24 APR 2020
Morningstar has acquired a $288 million global ESG ratings and research house, in a bid to empower investors to make meaningful investment decisions. Morningstar acquired a 40% stake in Sustainalytics in 2017, and will now purchase the remaining 60% ...

Fiducian acquires advice practice

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 APR 2020
Fiducian Financial Services has acquired a financial advice business with $56 million in funds under advice. The unnamed advice business is located in Gippsland, Victoria and will see Fiducian's offices in Sale and Traralgon merge. The acquisition is ...

UK asset manager acquires stake in retirement funder

ELIZABETH MCARTHUR  |  TUESDAY, 17 MAR 2020
A UK asset manager and financial services provider has acquired a 20% stake in a local specialised retirement funder. Household Capital announced the completion of series B financing with Legal & General. Existing and new investors joined Legal & General ...

Pension fund acquires Plenary Group business

JAMIE WILLIAMSON  |  FRIDAY, 13 MAR 2020
Plenary Asia Pacific is set to offload its North American operations to a $390 billion pension fund. Caisse de depot et placement du Quebec (CDPQ) will acquire Plenary Americas' in addition to the controlling stake already held through its PPP portfolio. ...

Bridges acquires bank advice business

JAMIE WILLIAMSON  |  THURSDAY, 12 MAR 2020
Bridges Financial Services will take over the financial planning business of a 140-year-year old bank. Following a comprehensive review, IMB Bank has announced it will sell its financial planning business to Bridges, effective May 1. The sale sees Bridges ...

Stanford Brown hires Deloitte director, acquires firm

KANIKA SOOD  |  WEDNESDAY, 4 MAR 2020
The Sydney wealth and advice firm has hired a senior director from Deloitte, as it kicks off its accounting offering with an acquisition of a local practice. Stanford Brown has appointed Dean Crossingham to head the accounting business. Crossingham ...

Moelis Australia names co-chiefs, acquires lender

KANIKA SOOD  |  WEDNESDAY, 26 FEB 2020
Moelis Australia has promoted two managing directors to joint chief executives as it announces plans to acquire a local non-bank lender, eyeing a bigger slice of the $1.8 trillion Australian residential mortgage market. Julian Biggins and Chris Wyke ...

Morgan Stanley acquires E*TRADE

ELIZA BAVIN  |  FRIDAY, 21 FEB 2020
Morgan Stanley has acquired E*TRADE in the United States in a $20 billion (US$13 billion) deal. E*TRADE stockholders will receive 1.0432 Morgan Stanley shares for each equivalent share, which is about US$58 per share. Morgan Stanley said the deal will ...