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Showing 371 - 380 of 443 results for "Buys"

Ascalon buys stake in TPC

Ascalon Capital Managers Limited has bought a majority stake in The Private Collection (TPC), a distribution business that promotes boutique, international and alternative fund management products to financial planners. "TPC is well positioned to support ...

Schroders buys Swiss Re

RUTH LIEW  |  TUESDAY, 25 MAR 2008
Global asset management firm Schroders has confirmed it is acquiring Swiss third party fund manager Swiss Re Asset Management Funds (Switzerland) AG. The sale will see Schroders scoop up Swiss Re's nearly $1.97 billion of asset under management as at ...

MillhouseIAG buys Huntley

RUTH LIEW  |  WEDNESDAY, 12 MAR 2008
Homegrown private equity fund manager MillhouseIAG Ltd has snapped up boutique fund manager the Huntley Group, enabling the firm to expand its international fund management business. MillhouseIAG founder and chief executive David Millhouse said the ...

Macquarie buys Allegiance

RUTH LIEW  |  FRIDAY, 7 MAR 2008
Macquarie Bank's Funds Management Group (MFMG) has deepened its roots in the US funds management market by scooping up California-based fixed income fund manager, Allegiance Investment Management. Financial details of the transactions were not disclosed ...

Pengana buys Saltbush

MICHAEL HOBBS  |  THURSDAY, 6 MAR 2008
Pengana Capital has acquired the Saltbush Absolute Return Fund, which has outperformed the ASX 300 Accumulation Index by 6.8 per cent over the last 12 months. John Parker and Stephen Goldberg, joint portfolio managers of the fund, join the team, with ...

ING buys 37.5pc stake in Sentry

MICHAEL HOBBS  |  THURSDAY, 6 MAR 2008
ING Australia extends its distribution business after buying 37.5 per cent of Perth-based dealer group, Sentry Financial Group. ING Australia (INGA) occupies a seat on Sentry Financial Group's board as part of the funding arrangement. Ross Bowden, INGA ...

Aviva buys Meritum stake

MICHAEL HOBBS  |  WEDNESDAY, 12 DEC 2007
Aviva Australia has purchased a shareholding stake in Melbourne-based Meritum Financial Group. Established in 2004, Meritum Financial Group (Meritum) has more than 80 advisers and more than $2.6 billion in funds under advice. "This acquisition is important ...

ING Australia buys FSP Group

MICHAEL HOBBS  |  TUESDAY, 4 DEC 2007
ING Australia becomes the third largest planning group in the country when it bought the FSP Group, adding a 145-adviser network with over $2.5 billion FUA to the fold in one swoop. The group sidesteps the industry's long-running problem on skills shortage ...

CommBank buys IWL

CHRIS NICHOLLS  |  MONDAY, 12 NOV 2007
The Commonwealth Bank has taken over broking technology provider IWL, dismissing the company's board and replacing chief executive Otto Buttula. The purchase became final after the Victorian Supreme Court authorised court orders lodged by IWL on Friday. ...

CFS buys music copyright assets

MICHAEL HOBBS  |  THURSDAY, 25 OCT 2007
First State Media Group, part of Colonial First State Global Asset Management, has bought one of the largest independently owned and operated record labels in the US ahead of the Australia launch of its first media fund. First State Media Works, a fund ...