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Showing 241 - 250 of 1312 results for "GAM"

Blackstone agrees $8.9bn deal with Crown

CHLOE WALKER  |  WEDNESDAY, 16 FEB 2022
Crown has accepted Blackstone's latest takeover bid for the Australian casino giant, totalling $8.9 billion. The US private equity firm is offering $13.10 cash per Crown share, which is around 11% higher than its initial approach for the company ...

Retirement Income Covenant, CCIV reforms pass

KARREN VERGARA  |  FRIDAY, 11 FEB 2022
Two long-awaited reforms, the Retirement Income Covenant and Corporate Collective Investment Vehicle regime, passed parliament yesterday. Superannuation funds will have to provide a retirement income strategy for members to assist them in their later ...

Alternatives platform hires from GAM

KARREN VERGARA  |  WEDNESDAY, 9 FEB 2022
The former lead of GAM Investment's wholesale and high-net-worth business has moved to alternatives platform Altive as head of Australia. Ryan Crewe succeeds Chris Brookman, who recently joined Pinnacle Investment Management as its director of distribution ...

GAM partners with Liberty Street

ELIZABETH MCARTHUR  |  TUESDAY, 8 FEB 2022
GAM Investments announced that it has entered a strategic partnership with Liberty Street Advisors. Liberty Street is a private market investment firm focussed on late stage, high-growth innovation companies. Through the new partnership, GAM plans to ...

Magellan shuns turnaround companies

KARREN VERGARA  |  FRIDAY, 4 FEB 2022
Magellan Financial Group chair Hamish Douglass continues to take a contrarian stance by shunning "turnaround companies", claiming they make it difficult for fund managers to be profitable. A company in the process of turning around its operations are ...

Plato launches net zero fund

JAMIE WILLIAMSON  |  MONDAY, 31 JAN 2022
Plato Investment Management has brought a global equities fund to market for retail and wholesale investors looking for a 'net zero now' solution. In December, Financial Standard reported that Plato Investment Management was pitching two new ...

T. Rowe Price launches new impact fund

JAMIE WILLIAMSON  |  MONDAY, 24 JAN 2022
T. Rowe Price launched a high-conviction global impact equity fund that is certified by the Responsible Investment Association of Australasia. The actively managed fund will invest in 55 to 85 companies creating sustainable, positive and measurable ...

GAM bolsters distribution team

ELIZABETH MCARTHUR  |  MONDAY, 24 JAN 2022
GAM Investments has added to its distribution team with a new hire for its wholesale business in Australia. Daniel Sharp has been appointed manager - wholesale, HNW and family office. He is based in Sydney and will report to GAM head of Australia Alex ...

Data shows WallStreetBets created losses

ELIZABETH MCARTHUR  |  THURSDAY, 13 JAN 2022
New data has found that in 2021 stocks recommended by Reddit's popular WallStreetBets (WSB) community resulted in more losses than returns. The data was compiled by European trading platform Capital.com, and suggests relying on advice in the WSB forum ...

Advice firm targets teen financial literacy

KARREN VERGARA  |  FRIDAY, 7 JAN 2022
A financial advice firm is tackling high school graduates' poor financial literacy head on in a bid to equip them with essential wealth skills for the future. Purpose Advisory director and adviser Tristan Scifo has launched More than Before, an online ...