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Showing 31 - 40 of 360 results for "Tier 1"

MLC Life and Resolution Life Australasia to merge

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2024
MLC Life Insurance and Resolution Life Australasia are set to merge, creating one of Australia's largest life insurance businesses. Nippon Life Insurance - MLC's parent company - announced it will acquire 100% of Resolution Life. As a result ...

GAM hires new local lead from Bennelong

ELIZABETH FRY  |  THURSDAY, 31 OCT 2024
GAM Investments has appointed Eric Finnell as the new managing director for Australia, replacing Alex Zaika who left in September to take the helm of Global X Australia. Based in Sydney, Finnell will work alongside client directors Daniel Sharp and ...

HMC Capital makes $2bn acquisition

ELIZA BAVIN  |  THURSDAY, 24 OCT 2024
HMC Capital has announced it will establish a global digital infrastructure platform comprising the global DigiCo Infrastructure REIT, intended to be listed on the ASX alongside a new unlisted institutional fund. HMC will acquire Global Switch Australia ...

JANA awarded mandate for $2bn construction leave scheme

MATTHEW WAI  |  THURSDAY, 17 OCT 2024
JANA Investment Advisers will now provide asset consulting services for LeavePlus, a $2 billion portable long service leave scheme for Victorian construction industry workers. Formerly known as CoINVEST, LeavePlus administers the scheme for 280,000 ...

Mutual Trust adds three partners

ELIZABETH FRY  |  MONDAY, 14 OCT 2024
One of the country's oldest wealth management groups has promoted three staffers to partner. Mutual Trust - the Myer and Baillieu family office - said the promotions reflect the increasing number of ultra-high-net-worth families and individuals ...

FCX granted 'historic' market licence by ASIC, RBA

ANDREW MCKEAN  |  TUESDAY, 8 OCT 2024
FinClear subsidiary FCX, a platform for facilitating private market secondary transactions, has been granted a "first-of-its-kind" Australian Market Licence and Clearing Settlement Facility Licence by ASIC and the Reserve Bank of Australia (RBA). The ...

eToro acquires Spaceship, sets sights on super sector

JAMIE WILLIAMSON  |  FRIDAY, 27 SEP 2024
The global trading and investment platform is tapping into the superannuation sector with the acquisition of Spaceship, in a deal worth as much as $80 million. eToro has agreed to acquire Spaceship, expanding its local business and suite of offerings. ...

Macquarie AM, PSP Investments sell AirTrunk stake to Blackstone, CPP Investments

MATTHEW WAI  |  THURSDAY, 5 SEP 2024
Macquarie Asset Management (MAM) and Canada's Public Sector Pension Investment Board (PSP Investments) have sold the entirety of their respective interests in AirTrunk to private equity giant Blackstone and Canada Pension Plan Investment Board (CPP ...

Global outfit acquires Vasco Trustees

JAMIE WILLIAMSON  |  MONDAY, 8 JUL 2024
Vasco Trustees is to be bought by diversified financial services group TMF Group. Melbourne-based Vasco Trustees has been acquired by the group, which boasts more than 125 offices across 87 jurisdictions, offering employee, financial and legal administration ...

QIC invests in Australian biotech start-up

ELIZA BAVIN  |  MONDAY, 8 JUL 2024
Queensland Investment Corporation (QIC) has announced a new investment in a Brisbane-based biotech start-up. Gelomics has developed a 3D tissue culture system that allows scientists to grow microscopic representations of human tissue to eliminate the ...