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Showing 351 - 360 of 443 results for "Buys"

ING buys into Turkish pension market

MICHAEL HOBBS  |  WEDNESDAY, 25 JUN 2008
Global Dutch financial institution ING Group purchased Turkey's first and only voluntary pension fund, Oyak Emeklilik for $180 million to tap into the country's pension market. Previously owned by OYAK Group and established in 2003, Oyak Emeklilik has ...

Ascalon buys 50pc stake in Sigrun

MICHAEL HOBBS  |  MONDAY, 23 JUN 2008
Ascalon Capital Managers continues its strategy to buy strong financial services firms, after purchasing a 50 per cent equity stake in high conviction investment manager, Sigrun Asset Management. Sigrun is a quant manager that uses behavioural finance ...

Salary sacrifice on the rise: legalsuper

RUTH LIEW  |  FRIDAY, 20 JUN 2008
... actually telling us they see weak share markets as an ideal opportunity to invest more in super as every dollar they contribute buys more than when markets are stronger," said Proebstl. legalsuper manages funds for 38,000 members and services over 7,000 ...

IOOF buys 13pc stake in MacarthurCook

RUTH LIEW  |  MONDAY, 16 JUN 2008
IOOF has bought a 13 per cent stake in boutique property investment fund manager MacarthurCook. In a statement released last Friday on the Australian Securities Exchange, MacarthurCook confirmed that it would form a "strategic investment management ...

DKN buys Bigger businesses

RUTH LIEW  |  THURSDAY, 12 JUN 2008
Listed financial services provider DKN Financial Group has snapped up Bigger Financial Planning and Bigger Accounting. According to a statement released to the Australian Securities Exchange, DKN secured the two businesses via its equity partner MQ ...

AXA buys Challenger's Genesys

RUTH LIEW  |  WEDNESDAY, 4 JUN 2008
AXA's influence in Australia's financial advice industry is set to escalate with today's $150 million purchase of Challenger's financial planning business Genesys Wealth Advisers and proprietary platform Synergy. The deal, which is expected to be finalised ...

Grant Samuel buys Tribeca stake

RUTH LIEW  |  TUESDAY, 3 JUN 2008
Grant Samuel Funds Management has bought Octaviar's equity stake in boutique Australian equity fund manager, Tribeca Investment Partners. As a result, Grant Samuel has been appointed Tribeca's external distributor. "Our strategy is to align ourselves ...

ING buys Pinnacle Partners

MICHAEL HOBBS  |  TUESDAY, 3 JUN 2008
ING Australia's spending spree continues after it purchased Melbourne based financial planning dealer group Pinnacle Partners. The dealer group will be integrated into the ING Australia owned Millennium3, which bought Zurich Financial Services Australia's ...

Wash sales left to dry: GMK Centric

MICHAEL HOBBS  |  FRIDAY, 30 MAY 2008
... strategies to gain a tax break for their clients, warns chartered accountancy GMK Centric. A wash sale is when an investor buys and sells a security through two different brokers to recognise a tax loss without any changes to their real position In January ...

Co-investing gains momentum

... Sunsuper deliver hard data why the approach will likely get more airplay. Co-investing, where a super fund or a fund manager buys a direct stake in an alternative asset or buys an equity, or equity-like, stake in the underlying fund manager, has worked ...