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Showing 361 - 370 of 1191 results for "S64 Capital"

Credit Suisse confirms multibillion-dollar loss

JAMIE WILLIAMSON  |  WEDNESDAY, 7 APR 2021
Credit Suisse has announced the departure of several senior staff members while confirming a $6.13 billion loss, reportedly linked to the collapse of family office Archegos Capital. Credit Suisse said it expects to incur a pre-tax Q1 loss of $1.25 billion ...

AMP, Ares deal up in the air

ANNABELLE DICKSON  |  MONDAY, 29 MAR 2021
AMP has concluded its exclusivity period with Ares Management raising uncertainty as to whether the acquisition of AMP Capital's private markets business will go ahead. As previously announced, both firms are pursuing a joint venture where Ares will ...

Westpac considering NZ demerger

ANNABELLE DICKSON  |  THURSDAY, 25 MAR 2021
Westpac has revealed it is in the early stages of reviewing the feasibility of its 160-year-old New Zealand division as capital requirements ramp up. Westpac noted the NZ business continues to perform well but the regulatory requirements in New Zealand ...

Investment manager creates new executive role

ELIZA BAVIN  |  WEDNESDAY, 24 MAR 2021
A private Australian investment manager specialising in real estate and private debt has announced the appointment of a head of capital and business development. Fortius has named Marc Giuffrida to the role of head of capital and business development ...

Channel starts US business, taps Mellon chief

KANIKA SOOD  |  TUESDAY, 2 MAR 2021
The Sydney multi-boutique is partnering with the former chief executive of the US$613 billion Mellon Investments to start a new funds management incubator based in New York. The new business will be called Eolas Capital and partner with either US fund ...

AMP and Ares enter JV

ANNABELLE DICKSON  |  FRIDAY, 26 FEB 2021
After backing out of its bid to acquire AMP, Ares Management has announced it is pursuing a joint venture with AMP and taking control of AMP Capital's private markets business. In the joint venture, Ares will assume the management control of the ...

Chief economist update: Australia's virtuous cycle

BENJAMIN ONG  |  THURSDAY, 25 FEB 2021
Even before the coronavirus vaccine was injected before Australian Prime Minister Scott Morrison's arm a day before the national roll-out on the 22nd of February this year, this 'Land Down Under' has already been returning to pre-covid normality. ...

NZ Super Fund adds board member

KARREN VERGARA  |  TUESDAY, 23 FEB 2021
... looking to go public and raise capital. "The NZ Super Fund is set to play an increasingly significant role in New Zealand's capital markets over the next decade, and beyond. I am looking forward to the challenge of helping see the Fund through its next ...

Big super locking Aussies out of homes: Wilson

ELIZA BAVIN  |  FRIDAY, 19 FEB 2021
Industry Super Australia says recent comments by Liberal MP Tim Wilson that "big super" is locking young Aussies out of the housing market are "scary". Wilson said the fact that first home buyers are unable to access their retirement savings to go towards ...

Praemium profit, growth up

ANNABELLE DICKSON  |  WEDNESDAY, 10 FEB 2021
The managed accounts platform has recorded a 113% increase in net profit after tax from the first half of 2020 to $3 million, following the acquisition of Powerwrap. In its half-year results, Praemium reported a 69% jump in funds under administration ...