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Showing 2171 - 2180 of 12584 results for "Company"

Somers acquires 15% stake in Aura Group

ELIZABETH MCARTHUR  |  WEDNESDAY, 12 MAY 2021
Bermuda-based listed financial services company Somers has taken a stake in Aura Group. The strategic minority stake of 15% will allow Aura to collaborate with Somers parent company ICM and leverage a global network of 10 offices and investment specialists ...

Investors greenlight LIC to ETF conversion

KANIKA SOOD  |  TUESDAY, 11 MAY 2021
Unitholders in the Monash Absolute Investment Company (MA1) yesterday voted in favour of converting the LIC to a listed open-ended fund. The Monash Absolute Investment Company (MA1) last year initiated the process to convert from the closed-ended structure ...

ASIC cracks down on investment guru

ELIZABETH MCARTHUR  |  TUESDAY, 11 MAY 2021
... media wealth expert has had her Australian credit licence cancelled by ASIC. Dominique Grubisa lost her licence for her company Master Wealth Control on the basis that the business was not engaging in the credit activities it was authorised to. ASIC ...

TAL fund in SFT

ELIZABETH MCARTHUR  |  TUESDAY, 11 MAY 2021
... 1.20% to 0.39%. Mercer was recently the beneficiary of another successor fund transfer when the Factory Mutual Insurance Company Super defined benefit fund moved members to Mercer Super Trust.

Investec fund in management buyout

KARREN VERGARA  |  MONDAY, 10 MAY 2021
... Group, which is a 30% shareholder (and an existing investor in the IEC Fund); some 20% is owned by an offshore investment company backed by a high-net-worth investor Phillips did not name. Investec remains the single largest investor in the fund with ...

GQG Partners adds to team

ANNABELLE DICKSON  |  MONDAY, 10 MAY 2021
... Alison is a high-quality professional and brings specific compliance and risk management expertise and experience to the company," GQG Partners managing director, Australia and New Zealand Laird Abernethy said. "In addition, the appointments of Maggie ...

MAX finalists named, voting open

JAMIE WILLIAMSON  |  FRIDAY, 7 MAY 2021
... the Year, Community Initiative of the Year, Distribution Team of the Year, Financial Education Campaign of the Year, PR Company of the Year and Marketing Team of the Year. Big winners last year included BlackRock, Vanguard and Zurich, while individuals ...

Research aims to solve cash conundrum

ELIZABETH MCARTHUR  |  THURSDAY, 6 MAY 2021
... the Future Safe product. Lonsec recently re-categorised Future Safe out of the fund manager category and into the life company category, moving it to a binary 'approved' or 'not approved' rating system. The Future Safe product was rated 'approved' by ...

AMP Capital invests in India

KARREN VERGARA  |  THURSDAY, 6 MAY 2021
... will help build major roads for the country. AMP Capital is committing about US$73 million to listed road infrastructure company Sadbhav Infrastructure on a private placement basis by way of non-convertible debentures. It is the first investment for ...

Mainstream bidding heats up

ANNABELLE DICKSON  |  THURSDAY, 6 MAY 2021
... in the absence of a superior proposal. Mainstream first received an offer from Vistra for $1.20 per share valuing the company at $170 million whereas SS&C's initial bid valued the company at $285.7 million. Mainstream previously announced it was taking ...