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Showing 2411 - 2420 of 11511 results for "DIV"

Mercer wins sovereign wealth fund mandate

JAMIE WILLIAMSON  |  WEDNESDAY, 3 AUG 2022
Mercer is the recipient of a sovereign wealth fund's first implemented consulting mandate. The Tuvalu Trust Fund has appointed Mercer for asset consulting, portfolio implementation services and investment implementation services. Mercer will provide ...

VanEck hires five to team

CHLOE WALKER  |  WEDNESDAY, 3 AUG 2022
The asset manager has expanded its Australian team with several new hires as demand for its exchange traded funds (ETFs) increases steadily. Pranay Lal and Daniel O'Connell have both joined the VanEck investments and capital markets team, while ...

Growthpoint takes on Fortius Funds Management

CHLOE WALKER  |  WEDNESDAY, 3 AUG 2022
Growthpoint Properties Australia has acquired 100% of the family-owned private real estate funds management business. The transaction delivers on a strategic growth opportunity for Growthpoint, it said, adding nearly $2 billion third party funds under ...

Sovereign wealth fund awards $700m mandate

JAMIE WILLIAMSON  |  MONDAY, 1 AUG 2022
The Abu Dhabi Investment Authority has handed a $700 million mandate to a listed real estate investment manager. The mandate has been awarded to Qualitas by a wholly owned subsidiary of the fund and it's to invest in local commercial real estate ...

Aware Super completes agricultural land sale

CHLOE WALKER  |  MONDAY, 1 AUG 2022
Aware Super has sold its Lake Boga farming portfolio to agricultural investment firm goFarm for approximately $30 million. The 9000 hectares of agricultural land between Lake Boga and Kerang in northern Victoria was put up for sale in September last ...

TIP Group appoints chief strategy officer

CASSANDRA BALDINI  |  MONDAY, 1 AUG 2022
Teaminvest Private Group (TIP) has named Rachel Swift as chief strategy officer. Swift will split her time between Adelaide and Sydney, leading the wealth division's corporate advisory practice, effective immediately. She is a senior advisor, executive ...

TAL completes acquisition of Westpac Life

CASSANDRA BALDINI  |  MONDAY, 1 AUG 2022
TAL Dai-ichi Life Australia Pty Limited has completed its acquisition of Westpac's life insurance arm, almost one year after it was announced. From today all of Westpac's life insurance business and existing policies will transfer over to TAL Group. ...

Macquarie appoints directors to bank board

CHLOE WALKER  |  THURSDAY, 28 JUL 2022
At its annual general meeting today, Macquarie Group chair Glenn Stevens provided a board update, including the introduction of three bank-only, non-executive directors (BOND) to the Macquarie Bank board. Stevens stated that, as previously noted to ...

Increased scale drives Diverger results

CASSANDRA BALDINI  |  THURSDAY, 28 JUL 2022
Diverger managing director Nathan Jacobsen said improving scale and pleasing organic growth were major factors in the firm's positive full-year results. Diverger reported a 26% increase in net profit after tax and a 9% jump in net revenues to over $30 ...

Office for Women combats financial abuse

ANDREW MCKEAN  |  WEDNESDAY, 27 JUL 2022
A new resource released by the Office for Women will assist the financial services sector to understand how its financial products may be used in the financial abuse of women. The new resource, Guide to prevention and action on financial abuse within ...