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Showing 361 - 370 of 2816 results for "Division"

Raiz increases portfolio fees

KARREN VERGARA  |  TUESDAY, 1 AUG 2023
... financial year with $225.1 million in assets under management, a 21% increase year on year. Last December, Raiz became a division of AMG Super and switched trustees from Diversa to Equity Trustees after it was determined that a successor fund transfer ...

Macquarie reports decline in earnings amid weaker trading

ANDREW MCKEAN  |  THURSDAY, 27 JUL 2023
... profits was influenced by a reduction in investment related earnings from green energy projects in its asset management division. Macquarie Capital, the group's investment banking division, also saw a reduction in fees and commission income. However ...

Westpac closes Specialist Businesses Division

JAMIE WILLIAMSON  |  THURSDAY, 20 JUL 2023
Westpac has decided to fold the Specialist Businesses Division that once housed its platforms, superannuation and insurance businesses, redeploying its lead Jason Yetton. The bank has restructured in support of its next strategic phase, chief executive ...

MA Financial Group expands research team

CHLOE WALKER  |  MONDAY, 17 JUL 2023
MA Financial Group's corporate advisory and equities division has appointed Paul Hissey to the role of executive director. Hissey brings over 20 years' experience as an analyst in the mining sector, with roles at Goldman Sachs and the Royal Bank of ...

ESR appoints investment, operating chiefs

CHLOE WALKER  |  WEDNESDAY, 12 JUL 2023
... financial institutions, including Chicago-based Mesirow Financial, where he founded the real estate investment management division. In his new role, Daitch will oversee funds management, capital raising, research and analytics, and new product creation. ...

Sequoia expands professional services arm

CASSANDRA BALDINI  |  WEDNESDAY, 12 JUL 2023
... subsidiary. Sequoia said the acquisition of the Castle businesses is expected to boost the EBITDA of its professional services division by $800,000 per annum. It added the businesses were procured on an attractive PE multiple and said the target completion ...

Ignition Advice appoints chief platform, technology officer

ANDREW MCKEAN  |  THURSDAY, 6 JUL 2023
... chief executive Terry Donohoe. In the newly created role, Mahoney will lead the Ignition Advice platform and product division. His mandate is to cater to the evolving requirements of institutional clients and to fortify Ignition's industry standing as ...

HESTA dumps Link as administrator

JAMIE WILLIAMSON  |  FRIDAY, 30 JUN 2023
... the $72 billion industry fund has signed on with GROW Inc., which currently serves as administrator to its Mercy Super division following the two funds' merger in December 2022. The transition is expected to take place in the second half of 2024. "Partnering ...

Pengana appoints leaders for private credit division

CASSANDRA BALDINI  |  FRIDAY, 23 JUN 2023
Pengana Capital Group has named those who will lead its recently launched private credit business, appointing Nehemiah Richardson as managing director and chief executive and Charles Finkelstein as chief investment officer. Richardson and Finkelstein ...

Westpac plans aggressive platforms play

JAMIE WILLIAMSON  |  WEDNESDAY, 21 JUN 2023
... in with several other underperforming business lines at Westpac in May 2020 when it created the Specialist Businesses Division for those that lacked sufficient scale. In addition to platforms, this comprised superannuation and retirement products, investments ...