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Showing 261 - 270 of 443 results for "Buys"

Martin Currie buys $480m hedge fund

COMPANY RELEASE  |  THURSDAY, 3 JUN 2010
Martin Currie has bought Sofaer Capital's European long/short equity business, a hedge fund with more than $480 million in assets. The deal means the principals of the fund, Michael Browne and Steve Frost, join Martin Currie in July. Charlotte Dagg ...

Ipac buys stake in risk firm

COMPANY RELEASE  |  TUESDAY, 25 MAY 2010
Financial planning dealer group, ipac, has bought a 40 per cent equity stake in Australian Financial Risk Management (AFRM), a business with more than 2,000 in-force policies representing $10 million in premiums. This deal represents the first time ...

Man Group buys $27bn alternatives manager

PRESS RELEASE  |  MONDAY, 24 MAY 2010
London-based Man Group has bought one of the biggest alternative asset managers in the world, GLG Partners, which manages more than $27 billion in client funds. GLG provides 40 funds across equity, macro, emerging markets, credit and convertible bond ...

SAP buys Sybase

COMPANY RELEASE  |  FRIDAY, 21 MAY 2010
Sybase directors have backed a deal for SAP to buy the technology firm for a cash offer worth more than $7 billion in common stock. SAP's subsidiary, SAP America, has signed an agreement to buy Sybase, which means both companies clients' will be better ...

Challenger buys Credit Suisse funds

RUTH LIEW  |  THURSDAY, 6 MAY 2010
Challenger Financial Services Group has bought Credit Suisse Investments Australia, in a deal which will add nearly $1.8 billion to Challenger's FUM and broaden Challenger's footprint in the credit sector. As part of the deal, Challenger snapped up ...

Cavendish buys Bendzulla Actuarial

COMPANY RELEASE  |  TUESDAY, 4 MAY 2010
Cavendish Superannuation has bought actuarial and retirement services group, Bendzulla Actuarial. Bendzulla is a consulting actuarial practice headquartered in Hobart and services clients nationally. The firm has qualified actuaries resident in most ...

OC Funds Management buys MA firm

PRESS RELEASE  |  FRIDAY, 23 APR 2010
OC Funds Management has bought Australian shares managed accounts provider, Patriot Managed Accounts. The deal means OC Funds Management can expand its investment suite beyond four equity funds to include individual managed accounts (IMA) and separately ...

Ironbark buys Patriot Asset Management

COMPANY RELEASE  |  WEDNESDAY, 21 APR 2010
Ironbark Asset Management is acquiring boutique fund manager Patriot Asset Management, with completion scheduled for 30 April 2010. The acquisition will see the Patriot Australian Share Fund and the Patriot Small Companies Fund rebranded and relaunched ...

Shadforth buys SA planning firm

COMPANY RELEASE  |  FRIDAY, 16 APR 2010
Shadforth Financial Group has bought South Australian-based financial planning practice, Walmsley Halligan & Co and its parent company, 'Walmsley Halligan'. The Walmsley Halligan move follows the merger and integration of 12 privately-owned fee-based ...

NabInvest buys Canadian property boutique

COMPANY RELEASE  |  THURSDAY, 15 APR 2010
National Australia Bank's direct asset management business, nabInvest, has bought Presima, a global REIT boutique fund manager based in Canada. The acquisition is nabInvest's seventh deal since the business was established in October 2007 and its second ...