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

Search Results

Showing 21 - 30 of 1263 results for %22perpetual%22

Loftus Peak to take over Orca fund

JAMIE WILLIAMSON  |  TUESDAY, 9 JAN 2024
... with the transition expected to occur early this year after having already been approved by the responsible entity, Perpetual's The Trust Company. It was said the decision was made as, despite its best efforts, Orca has not been able to grow the fund ...

Morningstar reveals Australian equities upgrades, downgrades

ANDREW MCKEAN  |  FRIDAY, 15 DEC 2023
... handed a downgrade as some share classes had dropped in relative ranking within its Morningstar category. Meanwhile, Perpetual Industrial was punished of its constrained investment universe. "We like Perpetual's straightforward, disciplined, and diligent ...

Soul Patts raises stake in Perpetual

CHLOE WALKER  |  WEDNESDAY, 13 DEC 2023
After its bid to acquire Perpetual was rejected, Washington H. Soul Pattinson (WHSP) has increased its ownership in the fund manager to 11.6%, according to a filing made yesterday. Last week, Perpetual rejected WHSP's $3 billion acquisition offer, saying ...

Perpetual rebuffs Soul Pattinson takeover offer

ANDREW MCKEAN  |  THURSDAY, 7 DEC 2023
Perpetual has rejected a $3 billion acquisition bid from Washington H. Soul Pattinson, saying that it "materially undervalues" the company's Corporate Trust and Wealth Management divisions. Soul Pattinson, currently Perpetual's largest shareholder ...

Perpetual explores split following review

CASSANDRA BALDINI  |  WEDNESDAY, 6 DEC 2023
Perpetual will explore separating its corporate trust and wealth management businesses, aiming to create a more focused asset management business. According to the firm, the separation, currently being assessed by the board, will unlock additional value ...

Wealth managers shirk cybersecurity priorities

KARREN VERGARA  |  MONDAY, 13 NOV 2023
... September, highlighting that 44% of participants are not managing third-party or supply-chain risks. Latitude Financial and Perpetual are two firms that suffered cybersecurity breaches stemming from their lax controls over third-party vendors. ASIC chair ...

Australia a central focus for alternatives: Apollo

CASSANDRA BALDINI  |  FRIDAY, 10 NOV 2023
... there's a good understanding of what the power of alternatives could do. But also, an understanding of the benefits of the perpetual, semi-liquid product structure." The AAA fund targets high-net-worth individuals and focuses on a broad landscape ...

Regal Partners nabs Charlie Aitken

ELIZABETH FRY  |  FRIDAY, 3 NOV 2023
... 2015. Before that, he was a regional manager at Zurich Financial Services, a senior business development manager at Perpetual and a financial planner at Commonwealth Bank. Separately, Regal Partners this week said it would acquire 50% of Taurus Funds ...

Perpetual loses key executive to First Sentier

JAMIE WILLIAMSON  |  THURSDAY, 2 NOV 2023
Perpetual has appointed a new chief operating officer, as the incumbent takes on a new role with First Sentier Investors. Amanda Gazal is leaving Perpetual to take up the post of chief operating officer at First Sentier. Since the start of this year ...

Insignia appoints to board

CHLOE WALKER  |  MONDAY, 30 OCT 2023
... service and chair. She also served at Westpac Australia and Westpac New Zealand as general manager retail banking, and at Perpetual as its general counsel and company secretary. "Gai brings significant expertise and governance experience to the board ...