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Showing 361 - 370 of 2737 results for "Agreement"

Prime to acquire boutique fund manager

KARREN VERGARA  |  MONDAY, 12 FEB 2024
... to acquire a boutique alternatives asset manager and will pay up to $4.5 million. The ASX-listed firm entered into an agreement to buy Altor Capital which has a staff of seven based in Brisbane. Prime will pay an initial consideration of $1.5 million ...

Clime avoids board spill

KARREN VERGARA  |  TUESDAY, 6 FEB 2024
... Clime Board," Abernethy said. "In conversations Mr Pynes appeared to speak on behalf of, and presumably pursuant to an agreement, arrangement or understanding with, Torres Industries. The terms of those arrangements have not been disclosed to the shareholders ...

iExtend finds interim arrangement to operate

KARREN VERGARA  |  TUESDAY, 6 FEB 2024
... act as an agent of an AFS Licensee, meaning it is authorised to provide specific financial services outlined in their agreement with the licensee. These services may include financial advice, investment management, insurance broking or dealing in financial ...

IFM offloads stake in payment software business to Autodesk

ANDREW MCKEAN  |  TUESDAY, 30 JAN 2024
IFM Investors has reached an agreement to divest its stake in construction payment software business Payapps, previously known as Zuuse, to Autodesk. Since 2020, IFM's private equity funds has held a significant minority share of Payapps, with an initial ...

Volatility an opportunity for skilled active managers: GSFM

ANDREW MCKEAN  |  WEDNESDAY, 24 JAN 2024
... baby boomers depleting their savings. He also cited more involved regulators and growing protectionism, a rare point of agreement between Donald Trump and Joe Biden, both advocating for increased tariff protection for US industries. All these dynamics ...

BWP, Newmark Property REIT set to merge

CHLOE WALKER  |  WEDNESDAY, 24 JAN 2024
... growing income stream and long-term capital growth," Scantena said. Separately, BWP has entered into a sale and purchase agreement with Newmark to pay $22.5 million for the shares of Newmark REIT Management. Unless extended, the all-scrip offer period ...

J.P. Morgan pays US$18m over whistleblower rule breaches

JAMIE WILLIAMSON  |  WEDNESDAY, 17 JAN 2024
The investment giant was in hot water for blocking hundreds of retail clients from reporting potential securities law violations by having them sign confidential release agreements when receiving credits or settlements more than US$1000 ($1518). The ...

HUB24 sets sights on $100bn FUA

KARREN VERGARA  |  TUESDAY, 16 JAN 2024
... launch longevity product AGILE. It is currently transitioning about $4 billion in FUA to Equity Trustees after signing an agreement in which the latter will provide custodial platform administration and technology solutions. Up to $3.75 billion is expected ...

AFCA amends consumer compensation caps

KARREN VERGARA  |  TUESDAY, 9 JAN 2024
... refunds for more than 400,000 consumers and small businesses. During the period, 68% of total complaints were resolved by agreement, while 6% of cases progressed to a formal decision. Since launching, it has also worked with more than 16,500 victims ...

Court finds Canna Campbell infringed trademark

KARREN VERGARA  |  MONDAY, 8 JAN 2024
Financial adviser and finfluencer Canna Campbell was found guilty of infringing the trademark "Financial Foreplay" in her podcasts. The Federal Circuit and Family Court of Australia determined that the founder of SugarMamma TV and SASS Financial used ...