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Showing 451 - 460 of 7674 results for "Deal"

Platinum merger no cure for active managers' challenges

ANDREW MCKEAN  |  MONDAY, 5 MAY 2025
... Morningstar's projections, as the merger discussions remain preliminary, and its financials aren't publicly available. If the deal goes ahead, Platinum's shares on issue would rise from approximately $582 million to $2.3 billion, based on current terms ...

Labor wins: What super, advice industries want

ELIZA BAVIN  |  MONDAY, 5 MAY 2025
... to lift the Low-Income Super Tax Offset to strengthen retirement for low-income workers, mostly women, to get a fairer tax deal on super. The super lobby group called on the Albanese government to draft of legal reforms to around super's death benefit ...

Rest details internal program to reform death benefit processes

ANDREW MCKEAN  |  FRIDAY, 2 MAY 2025
... ASIC's findings. In a recent case, consumer advocate Adam Glezer told Financial Standard, he had to bypass the fund and deal directly with its insurer to expedite a terminal illness claim. A Rest spokesperson pointed to demographic factors that may ...

Adviser numbers jump in March quarter: Rainmaker

KARREN VERGARA  |  FRIDAY, 2 MAY 2025
The March quarter saw a jump in the number of financial advisers in Australia, reaching 15,546, according to Rainmaker Information. During the three months, 228 advisers joined the industry, according to the latest Rainmaker Financial Adviser report. ...

No US recession priced in yet: UniSuper

ELIZA BAVIN  |  FRIDAY, 2 MAY 2025
UniSuper head of fixed interest David Colosimo said while US President Donald Trump's tariffs have caused a great deal of uncertainty, a recession in the US may not be on the cards - yet. "I think in the immediate aftermath of the tariff announcement ...

TWG Global takes stake in Mubadala Capital

JAMIE WILLIAMSON  |  FRIDAY, 2 MAY 2025
... alternatives division of the $515 billion (US$330bn) Abu Dhabi sovereign wealth fund Mubadala Investment Company. Under the deal, Mubadala will anchor and lead a $15.6 billion (US$10bn) syndicated investment in TWG Global as part of a broader $23.4 (US$15bn) ...

JP Morgan AM hires from Vanguard

ELIZABETH FRY  |  THURSDAY, 1 MAY 2025
JP Morgan Asset Management has appointed an exchange-traded fund specialist from Vanguard to bolster distribution in the rapidly growing market. Stefania Vivarini is credited with launching Vanguard's ETF-based separately managed accounts. Vivarini ...

MA Financial taps top exec for critical job

ELIZABETH FRY  |  THURSDAY, 1 MAY 2025
... private credit and alternative real estate investments in Asia. This has been highlighted through our recent billion dollar deal with Warburg Pincus," said MA Financial head of asset management Andrew Martin. Martin said recruiting a distribution lead ...

TWC bolsters investment team

ELIZABETH FRY  |  THURSDAY, 24 APR 2025
TWC Investment Management, a founder-owned and led boutique, has added a senior quant to its team. Diana Olteanu-Veerman has joined the firm led by former executives from PGIM, Goldman Sachs and Credit Suisse. The firm, led by former executives from ...

Insignia Financial trims $5bn off FUM

JAMIE WILLIAMSON  |  WEDNESDAY, 23 APR 2025
... Financial chief executive Scott Hartley said the business is on track with its strategic initiatives, including the SS&C deal and the revitalisation of the MLC brand for consumers. " We announced last week that we had agreed to requests from both Bain ...