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Showing 221 - 230 of 1376 results for "Backed"

Priority Advisory Group, Wise Planners merge

KARREN VERGARA  |  WEDNESDAY, 13 SEP 2023
Two financial advice firms both backed by AZ NGA will merge to provide holistic as well as workplace financial advice. Priority Advisory Group and Wise Planners (which also operates under Lifestyle Financial Services), will operate under Priority's ...

HESTA welcomes head of portfolio design

CHLOE WALKER  |  TUESDAY, 12 SEP 2023
... are underway to further scale the strategies over the next six to 12 months. "Growth in our internal capability has been backed by significant investment in our systems and governance," she said.

Munich Re targets AMP over alleged reinsurance misconduct

ANDREW MCKEAN  |  WEDNESDAY, 23 AUG 2023
... comprised $2.5 billion in cash and a $500 million equity interest in Resolution Life, equivalent to a 19.3% stake. The board backed this decision, citing Resolution Life's superior capability to manage these businesses. Francesco De Ferrari, AMP's then-chief ...

Crypto lender sentenced for false licence

CHLOE WALKER  |  FRIDAY, 18 AUG 2023
... time, Helio was neither an ACL holder nor a representative of an ACL holder. During this time, Helio offered cryptocurrency-backed loans to consumers using the digital currency as security over the loan. As punishment, Helio has entered a recognisance ...

HESTA moves 10% of portfolio in-house

CASSANDRA BALDINI  |  THURSDAY, 3 AUG 2023
... are underway to further scale the strategies over the next six to 12 months. "Growth in our internal capability has been backed by significant investment in our systems and governance," she said. "We plan to further grow our fixed income strategies and ...

Regal chases Pacific Current Group, GQG plans bid

CHLOE WALKER  |  THURSDAY, 27 JUL 2023
... high-performing, uncorrelated alternative investment strategies. However, GQG has also announced it is working on a bid for PAC, which backed GQG in its infancy. "We believe we can put forward both a compelling proposal to PAC shareholders, and that ...

FICAP 2023: Countdown is on

CASSANDRA BALDINI  |  FRIDAY, 21 JUL 2023
... comeback, with all proceeds going to new charity partners, Feel the Magic, Fighting Chance, and Weave. This year's event is backed by platinum sponsors BlackRock, Challenger, and Ironbark, as well as gold sponsors, Australian Unity, AZ NGA, BT, Colonial ...

IFM drops $50m on local infrastructure player

CASSANDRA BALDINI  |  FRIDAY, 21 JUL 2023
IFM Investors has backed utilities and communications provider Smart Urban Properties Australia (SUPA), making a $50 million investment. The global fund manager said it entered into a binding agreement with SUPA Group, which provides dual energy infrastructure ...

InvestSense welcomes distribution lead

CHLOE WALKER  |  WEDNESDAY, 19 JUL 2023
... Nicoll's appointment comes at a time when managed accounts are witnessing a surge in adoption across the industry. This is backed by SPDR ETFS/Investment Trends latest data, which found more than one in two financial advisers are using managed accounts ...

Monochrome files for first Bitcoin ETF in Australia

ANDREW MCKEAN  |  TUESDAY, 18 JUL 2023
... be an exchange-traded fund that will offer retail investors direct and regulated exposure to Bitcoin. The fund will be backed by a network of service providers, including State Street Australia, Automic, Ernst and Young, CF Benchmarks, and Gemini Trust. ...