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Showing 361 - 370 of 443 results for "Buys"

MGI buys Omega stake

MICHAEL HOBBS  |  WEDNESDAY, 14 MAY 2008
Macquarie Global Investments has purchased a 19.9 per cent stake in Melbourne-based boutique investment management business Omega Global Investors. Omega Global Investors' (Omega) management team includes three former Vanguard employees including George ...

AWM buys 70pc stake in Ord Minnett

Australian Wealth Management Limited (AWM) expands its distribution network in the high net worth market after it acquired a majority 70 per cent stake in advisory and broking group Ord Minnett. Under the deal, AWM gets 70 per cent of the Ord Minnett ...

Snowball buys Mastertek

ASX listed financial services firm Snowball Group has acquired 100 per cent of the assets of specialist corporate superannuation business, Mastertek Benefit Consultants (MBC). Snowball will snap up all the assets of MBC, while the acquisition will be ...

ING buys Citistreet for $960m

MICHAEL HOBBS  |  MONDAY, 5 MAY 2008
ING Group has acquired admin services giant Citistreet, owned by Citi and State Street, for a whopping $960 million in cash. Established in 2000, Citistreet was previously half owned each by Citigroup and State Street Corporation. The business provides ...

NAB buys stake in Pengana

MICHAEL HOBBS  |  THURSDAY, 1 MAY 2008
National Australia Bank's (NAB) direct investment management business, nabInvest, has purchased roughly one third of funds management firm Pengana Capital. This minority stake represents nabInvest's second investment. The first, which they signed last ...

Multiport buys Super Outsource

RUTH LIEW  |  MONDAY, 28 APR 2008
Managed accounts and portfolio administration provider Multiport has snapped up SMSF business, Super Outsource. Multiport officially acquired 100 per cent of Super Outsource in March, and is currently in the process of transitioning clients across to ...

Aviva buys Madison Harbor Capital

RUTH LIEW  |  MONDAY, 28 APR 2008
Aviva plc has confirmed it is acquiring the assets of Madison Harbor Capital, a US real estate multi-manager that participates in over $26 billion of real estate deals. Ed Casal and Russ Bates, the founders of Madison, along with the rest of the firm's ...

Snowball buys Yarra Financial

MICHAEL HOBBS  |  WEDNESDAY, 23 APR 2008
Snowball Group has acquired Yarra Financial Group, which runs a $130 million funds under advice (FUA) financial planning practice and a separate accounting business. The deal means Yarra Financial Group's (Yarra) accounting and financial planning businesses ...

Credit Suisse buys AXE stake

MICHAEL HOBBS  |  TUESDAY, 1 APR 2008
Credit Suisse has purchased a stake in the alternative equities trading platform, AXE Electronic Communications Network (ECN). AXE ECN is a fast, low cost way of trading securities by avoiding stock markets, whereby a broker matches buyers and sellers ...

JPMorgan buys $342.5 bn Nordic custody service

MICHAEL HOBBS  |  MONDAY, 31 MAR 2008
JPMorgan Worldwide Securities Services has purchased the institutional custody portfolio of Nordea, one of the largest Nordic banks with $342.5 billion in assets under custody. According to a JPMorgan Worldwide Securities Services (JPMorgan), the deal ...