Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 371 - 380 of 1054 results for "Global Investment"

Westpac offloads vendor finance business

ALLY SELBY  |  FRIDAY, 21 AUG 2020
Westpac has sold its vendor finance business to a New York-headquartered private equity firm, in the first sale from the bank's strategic review stable. Cerberus Capital Management has acquired Westpac's Strategic Alliances, with the equipment ...

Perpetual profits plummet

ALLY SELBY  |  THURSDAY, 20 AUG 2020
... "While our increasingly diversified business has provided some protection against extreme volatility seen in global investment markets, our overall FY20 financial results have been impacted due to COVID-19 effects and net outflows from Perpetual Investments," ...

Navigator takes stake in investment portfolio

ANNABELLE DICKSON  |  THURSDAY, 13 AUG 2020
Navigator Global Investments has entered into an agreement with Neuberger Berman subsidiary Dyal Capital Partners to acquire minority ownership interests in six of its funds. The ASX-listed parent of US-based Lighthouse Investment Partners will take ...

CalPERS chief investment officer resigns

JAMIE WILLIAMSON  |  FRIDAY, 7 AUG 2020
The $565 billion pension fund is on the hunt for a new investment chief following the resignation of Yu (Ben) Meng. Meng was appointed to the lead investments role in January 2019 and, last financial year, achieved a return of 4.7% - beating its 4.3% ...

Former BNY Mellon IM country head joins Westpac

KANIKA SOOD  |  TUESDAY, 4 AUG 2020
... Filippelis left BNY Mellon in April, after five years with the firm. In his new role, he will work as a director, global investment services New South Wales at Westpac. He reports to Mark Sherwood, Westpac's state director of global investment services ...

Franklin Templeton completes acquisition

ELIZA BAVIN  |  MONDAY, 3 AUG 2020
... investment manager Legg Mason, creating one of the world's largest specialist managers. Franklin Resources, a global investment management organisation with subsidiaries operating as Franklin Templeton, announced the completion of its previously announced ...

Franklin Templeton announces revised APAC team

ELIZA BAVIN  |  WEDNESDAY, 29 JUL 2020
... like to congratulate Vivek Kudva on his new role to lead the team in delivering a range of truly diversified global investment strategies through an expansive distribution organisation with global reach and scale," Johnson said. "Vivek's strengths as ...

MSCI shifts to the cloud with Microsoft alliance

ALLY SELBY  |  FRIDAY, 24 JUL 2020
... products, data and services onto the cloud, in a move that the duo says will accelerate innovation among the global investment industry. The partnership will enhance MSCI's client experience among the world's sophisticated investors, including asset ...

New global funds added to HUB24, Netwealth

ELIZA BAVIN  |  THURSDAY, 23 JUL 2020
... platforms reflects its ongoing commitment to further its offering and broaden Australian investors' access to global investment capabilities. In addition to HUB24 and Netwealth, Neuberger Berman head of intermediary distribution at Matthew Thompson said ...

HESTA doubles down on climate action

ALLY SELBY  |  WEDNESDAY, 22 JUL 2020
... capital investment on Australian soil. "In Australia alone we have an incredible opportunity to attract not only global investment but to draw on the almost $3 trillion pool of superannuation savings to power a green-led recovery from COVID-19," Blakey ...