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Evans invites 360 Capital to board

ELIZA BAVIN  |  FRIDAY, 2 OCT 2020
... addition, Evans Dixon announced that Anthony Pascoe will be retiring from the board as a non-executive director, effective close of business following the AGM. Evans Dixon said Pascoe made the decision not to stand for re-election to accommodate the ...

Waislitz pokes holes in OneVue bid

KANIKA SOOD  |  THURSDAY, 1 OCT 2020
... derived by the independent expert. "In fact, on page 54 of their report, the independent expert identifies HUB24 Limited as a "close comparable" to OneVue, and yet fails to apply anywhere near HUB's multiple in determining a value for OneVue's Platform ...

LGS partners with SuperFriend

ALLY SELBY  |  THURSDAY, 1 OCT 2020
Local Government Super (LGS) has partnered with workplace mental health organisation SuperFriend, to provide support and tools to its staff, members, and their employers. SuperFriend will support employers and members with a range of online and facilitated ...

CountPlus member firm makes acquisition

ANNABELLE DICKSON  |  THURSDAY, 1 OCT 2020
... post completion. CountPlus chief executive Matthew Rowe said there is a natural alignment between the two firms. "Not only close geographically, each business has a strong reputation in their respective community. The firm's share similar values based ...

Goldman Sachs appoints Australian chair

ELIZABETH MCARTHUR  |  WEDNESDAY, 30 SEP 2020
Christian Johnston will become the new chair of Goldman Sachs in Australia and New Zealand. According to an internal memo, Johnston will be focussed on deepening and strengthening the investment bank's relationships in Australia and New Zealand. "He ...

Former Ellerston executive in new role

ANNABELLE DICKSON  |  TUESDAY, 29 SEP 2020
Ellerston Capital's former head of institutional sales and client relations has nabbed a new role as head of marketing at a global investment manager. Melinda Carter has joined L1 Capital as its new head of marketing, having left Ellerston in April ...

New role for former Credit Suisse Australia chief

KANIKA SOOD  |  MONDAY, 28 SEP 2020
Ares Management Corporation has appointed a new chair for Australia and New Zealand for its Ares SSG business, hiring Credit Suisse Australia's former chief executive. John Knox will chair Ares SSG, with the goal of helping drive expansion opportunities ...

IRESS caves in, ups OneVue bid

KANIKA SOOD  |  MONDAY, 28 SEP 2020
... bid in a September 7 note. "...Utilising the share price the day before IRE bid, OVH is up 63% from $0.24 to $0.39 as of close today and compares to IRE's all cash bid of $0.40 per share. By comparison, a group of relevant listed peers (including ...

ASI bolsters SMA service

ANNABELLE DICKSON  |  MONDAY, 28 SEP 2020
Aberdeen Standard Investments has added two financial planning firms to its separately managed accounts (SMA) service. Futuro Financial Services and Profusion Planning have joined the SMA service, which has goals-based models and manages 18 multi-asset ...

Chief economist update: Rents under covid

BENJAMIN ONG  |  MONDAY, 28 SEP 2020
Australian landlords aren't all rejoicing. Yes Virginia, we're all aware this is happening in this land "girt by sea" under pandemic but the Reserve Bank of Australia (RBA) has actually put facts and figures behind this in its September 2020 ...