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Showing 3391 - 3400 of 10974 results for "Partner"

QSuper bets on US recovery

ELIZABETH MCARTHUR  |  THURSDAY, 6 JAN 2022
QSuper, which will rebrand to Australian Retirement Trust upon its $230 billion merger with Sunsuper, has announced a series of investments in the US economic recovery. The fund said it has invested around $1 billion in US transport and industrial assets ...

Federal Court fines Mayfair $30m

CHLOE WALKER  |  THURSDAY, 23 DEC 2021
James Mawhinney's Mayfair 101 Group has been ordered to pay a combined penalty of $30 million for misleading advertising. In handing down the decision, Justice Anderson said the increased penalties were appropriate, noting that those sought by ASIC ...

Magellan loses significant mandate

ELIZABETH MCARTHUR  |  MONDAY, 20 DEC 2021
Magellan Financial Group has lost a key mandate from UK wealth manager St James' Place. After requesting a trading halt Friday afternoon, this morning Magellan confirmed to the ASX that it had lost the mandate from St James' Place. The company's share ...

AMP Capital snaps up malls in $760m deal

CHLOE WALKER  |  MONDAY, 20 DEC 2021
AMP Capital has acquired two destination malls, Pacific Fair on the Gold Coast and the Macquarie Centre in suburban Sydney, in separate deals totalling approximately $760 million. AMP Capital Shopping Centre Fund (ASCF) bought an additional 25% stake ...

EISS Super finds merger partner in Cbus

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
Cbus has come to EISS Super's rescue, after the latter was directed by APRA to merge as soon as possible. Cbus and EISS Super have signed a Memorandum of Understanding to complete a merger next year, with Cbus chief executive Justin Arter saying ...

ISPT takes stake in property fund manager

KARREN VERGARA  |  FRIDAY, 17 DEC 2021
ISPT has acquired a stake in a subsidiary run by ASX-listed E&P Financial Group, paying $12 million for its share. ISPT is to become part owner of E&P's Fort Street Real Estate Capital (FSREC), a real estate investor and asset manager which also ...

IFM, Citi pour $300m into Household Capital

ELIZABETH MCARTHUR  |  FRIDAY, 17 DEC 2021
... housing and funding." Citi Australasia managing director and head of corporate banking Stella Choe added: "We are proud to partner with Household Capital, a leading reverse mortgage funder in Australia, to deliver much needed retirement funding to Australians ...

What you read in 2021

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
... we look forward to bringing you the news in 2022! The top stories for 2022 were: 1) AustralianSuper names next merger partner In July, the nation's largest superannuation fund announced it was about to get even bigger, signing a Memorandum of Understanding ...

MLC Life adds to retail distribution team

JAMIE WILLIAMSON  |  THURSDAY, 16 DEC 2021
The life insurer has made a series of appointments to its retail distribution team in the hopes of strengthening its licensee and adviser relationships. Four new additions have been made, reporting to general manager of retail distribution partnerships ...

Hejaz hires three senior leaders

KARREN VERGARA  |  THURSDAY, 16 DEC 2021
Hejaz Financial Services made three senior appointments in a bid to become Australia's first licensed Islamic bank. Michael Trist assumed the general manager of sales and distribution; Andrew Oey is the new head of lending, while Samrah Sahi took ...