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Showing 421 - 430 of 2703 results for "Agreement"

Challenger reports strong retail annuity sales

ANDREW MCKEAN  |  THURSDAY, 20 APR 2023
... commercial real estate partner, while Fidante will serve as Elanor's exclusive distribution partner. As part of the agreement, Challenger will sell its Australian real estate business to Elanor for $42 million, which will be received in new Elanor ...

GAM, Liontrust in merger talks

JAMIE WILLIAMSON  |  WEDNESDAY, 19 APR 2023
... the proposed acquisition, nor as to the timing or terms of any such offer and there can be no assurance that, even if agreement is reached, any such proposed acquisition would be completed," it said. GAM's share price rose on the back of the news. GAM ...

Equity Trustees enlists HUB24 for custodial platform admin

ANDREW MCKEAN  |  TUESDAY, 18 APR 2023
HUB24 has entered into a Heads of Agreement with Equity Trustees to provide custodial platform administration and technology solutions. The agreement between Equity Trustees and HUB24 covers large transitions totalling around $4 billion funds under ...

Regal names investment director

KARREN VERGARA  |  FRIDAY, 14 APR 2023
... Zealand, along with asset-backed loans and other credit products. The following month, Regal entered into a binding agreement to acquire all the assets of Hong Kong-based East Point Asset Management, which manages US$100 million in long-short Asian equities. ...

CEFC, Crescent Capital Partners invest in decarbonisation

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 APR 2023
... entail Crescent setting decarbonisation pathways for each acquired company, exceeding the requirements of the Paris Agreement, with the goal of achieving net zero Scope 1 and 2 emissions within 10 years of acquisition. Crescent will also focus on value ...

Spark Financial Group launches digital investing solution

CASSANDRA BALDINI  |  WEDNESDAY, 5 APR 2023
The platform offers five diversified portfolios and is managed by Spark's chief investment officer Andrew Coloretti and the wider investment team. Spark Invest has a minimum investment of $5000 per portfolio, with a suite of solutions that ranges from ...

UBS swaps out chiefs amid Credit Suisse acquisition

CASSANDRA BALDINI  |  THURSDAY, 30 MAR 2023
Following its agreement to purchase the embattled bank, Sergio Ermotti will return to the helm of UBS and take over from Ralph Hamers. Hamers will officially relinquish his chief executive title next Wednesday to "serve the interests of the new combination ...

Fund manager acquired by US fintech

JAMIE WILLIAMSON  |  THURSDAY, 30 MAR 2023
... shares to Bateau shareholders valued at US$24 million. The acquisition is expected to close in Q2, however no definitive agreement has been signed. In December 2019, former Bateau Asset Management owner Wayne Blazejczyk was banned for five years. He ...

New laws to end unpaid super

ANDREW MCKEAN  |  WEDNESDAY, 29 MAR 2023
... Minister for workplace relations Tony Burke said the laws would enable workers not covered by a modern award or enterprise agreement containing superannuation rights to take direct legal action for the recovery of unpaid super. "Superannuation theft ...

Government targets ASX dominance

ANDREW MCKEAN  |  FRIDAY, 24 MAR 2023
... to access to clearing and settlement services. This power aims to address situations where parties fail to reach an agreement on access terms through commercial negotiation. The proposed legislations promotion of competition in the clearing and settlement ...