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Showing 211 - 220 of 7567 results for "Deal"

AZ NGA acquires majority stake in Geographe Financial Group

ANGELIQUE MINAS  |  TUESDAY, 14 OCT 2025
... AZ NGA acquired AMP's Equity Portfolio and gained a minority stake in Geographe along with 15 other advice businesses. The deal will see Geographe founder Bill O'Byrne retire, while Geographe director Craig Gibson will wind back day-to-day operational ...

ASIC exposes holes in managed funds' offshoring cyber controls

KARREN VERGARA  |  MONDAY, 13 OCT 2025
... information relating to a third-party authority sent to the Vision Super. Allegedly, a Vision Super representative declined to deal with the employee after asking where she was physically located. Addressing REs, ASIC warned that "failing to adequately ...

Australian economy 'at a crossroads': CBA

ELIZA BAVIN  |  MONDAY, 13 OCT 2025
... effect, however the latest US-China frictions show there is no room for complacency, the report said. A comprehensive US-China deal still remains elusive despite most US trading partners now having settled reciprocal rates. The US economy is absorbing ...

Insurers design framework for dealing with mental health claims

MATTHEW WAI  |  MONDAY, 13 OCT 2025
The Council of Australian Life Insurers (CALI) is developing an industry action plan for mental health claims over the next 12 months, working with an expert panel from related fields to ensure claimants are assessed appropriately. The framework will ...

Soul Patts focused on 'bespoke' private sector investing

MATTHEW WAI  |  THURSDAY, 9 OCT 2025
Speaking at the Australian Shareholders' Association Engage webinar, Washington H. Soul Pattinson (Soul Patts) chief executive Todd Barlow shared how the firm achieved success in both the listed and the private sectors. Barlow said the firm has ...

MA Financial makes $525m acquisition

MATTHEW WAI  |  THURSDAY, 9 OCT 2025
... distribution yield of 8% and total return of 13% per annum over its forecast five-year term, MA Financial said. Under the deal, MA Financial will take responsibility for the full suite of management functions, including strategic asset management, property ...

State Super offloads investment team to Frontier Advisors

KARREN VERGARA  |  WEDNESDAY, 8 OCT 2025
State Super will outsource its investment team to Frontier Advisors and as part of the deal, the government superannuation fund will take a 23% stake in the industry super fund-backed asset consultant. The two organisations described the arrangement ...

Clime gains ground on culture, business model reset

KARREN VERGARA  |  FRIDAY, 3 OCT 2025
Not done with pulling Clime Investment Management out of the red, managing director Michael Baragwanath's bold plans to turn the ship around entail a product and culture overhaul, and even giving away his short-term incentives (STI) to staff. After ...

Wealth and asset management to "significantly" consolidate by 2029: Oliver Wyman

RIDDHIMA TALWANI  |  FRIDAY, 3 OCT 2025
The global wealth and asset management industry is entering a period of significant consolidation, with over 1500 transactions expected in the coming years. A report by Oliver Wyman with Morgan Stanley estimates a reduction of around 20% in the number ...

Ironbark snaps up trio of hires to supercharge wholesale team

ELIZABETH FRY  |  THURSDAY, 2 OCT 2025
Ironbark Asset Management has snapped up a head of wholesale and two national account managers as it ramps up its push into the local market. The team is led by Paula Gigler, based in Sydney, who will report to Ironbark investment solutions chief executive ...