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Showing 291 - 300 of 2284 results for Alex Burke

IOOF research boss tenders resignation

ALEX BURKE  |  MONDAY, 18 DEC 2017
IOOF's group head of research and portfolio construction, who took over the company's research functions in early 2015 after the acquisition of SFG Australia, will leave in March next year. Matthew Drennan took on the head research role around the same ...

Macquarie sells remaining stake in Atlas Roads for $456m

ALEX BURKE  |  FRIDAY, 15 DEC 2017
After Macquarie Atlas Roads (MQA) internalised management functions following shareholder pressure, Macquarie has sold down its remaining stake in the listed investment company. Via a bookbuild, Macquarie sold 76 million shares in MQA for $6 per share. ...

Channel Capital hires distribution director

ALEX BURKE  |  FRIDAY, 15 DEC 2017
Channel Capital has appointed a new distribution director - retail, intermediaries and family office. Luke Mandekic joins Channel Capital from Aberdeen Asset Management, where he was a regional sales manager based in Melbourne. Prior to that, he was ...

Fiducian acquires three client books worth $40m in FUA

ALEX BURKE  |  FRIDAY, 15 DEC 2017
Fiducian has added three financial planning client books, collectively representing an additional $40.9 million in funds under advice. The transactions were funded by excess cash; client bases are located in Perth, Melbourne and the Sunshine Coast ...

William Blair distribution head takes on role at Deutsche AM

ALEX BURKE  |  THURSDAY, 14 DEC 2017
... Zealand institutional distribution is leaving the firm after five years to take on a new role at Deutsche Asset Management. Alex Francois is now director of sales - asset management at Deutsche AM. Prior to his role at William Blair, he was head of distribution ...

Platinum sells $24m Asia stake

ALEX BURKE  |  THURSDAY, 14 DEC 2017
Platinum Investment Management is selling $24 million worth of shares in its Asia listed investment company, the underlying strategy of which was recently rated as one of the top-performing funds of its ilk by Morningstar. Platinum Asia Investments ...

Listed advice firm loses major shareholder

ALEX BURKE  |  THURSDAY, 14 DEC 2017
A listed financial planning and broking firm with over $40 billion in funds under advice told the ASX that a major shareholder and global financial services group has sold down its stake in the company. UBS owned 15.8% of Bell Financial Group; Bell ...

Lowy hands over keys to the Westfield kingdom

ALEX BURKE  |  WEDNESDAY, 13 DEC 2017
Australian retail magnate and pre-eminent philanthropic figure Sir Frank Lowy is selling the Westfield retail empire he co-founded to a Parisian commercial property company. Under the terms of the agreement, Unibail-Rodamco will acquire Westfield for ...

J.P. Morgan secures $3.5bn custody mandate

ALEX BURKE  |  WEDNESDAY, 13 DEC 2017
Cementing its position as Australia's largest provider of custodial services, J.P. Morgan has won a mandate to manage $3.5 billion in insurance investment assets following a competitive tender process. Genworth Group, which offers mortgage lending insurance ...

Russell wins consulting mandate from $700m super fund

ALEX BURKE  |  WEDNESDAY, 13 DEC 2017
A super fund has transferred $700 million in assets to Russell Investments' implemented investment consulting service. NESS Super, which represents over 14,500 NSW-based employees in the electrical contracting, communication and associated industries ...