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Showing 31 - 40 of 364 results for "divestment"

Sequoia appoints licensee, adviser services lead

ELIZA BAVIN | WEDNESDAY, 7 MAY 2025

... Advice/Insignia Financial and MLC Partnerships, where he led the integration of more than 400 advisers during the NAB divestment. "Daryl has a proven track record in adviser engagement, licensee operations, practice development, and M&A support," Sequoia ...

Adviser numbers jump in March quarter: Rainmaker

KARREN VERGARA | FRIDAY, 2 MAY 2025

... each lost 53, 48 and 28 advisers respectively. Last June, Madison Financial's parent company Clime completed its divestment of the advice group to Infocus Wealth Management. At March end, Infocus was the 10 th largest non-aligned dealer group with ...

Pennybacker boosts Pacific Current FUM

KARREN VERGARA | WEDNESDAY, 30 APR 2025

Pacific Current Group (PAC) saw funds under management (FUM) lift in the first quarter of 2025 thanks to affiliate Pennybacker Capital reporting a 17% jump in total assets. Pacific Current turned in $31 billion in total FUM at the end of March, up from ...

University endowment mandates Osmosis

JAMIE WILLIAMSON | TUESDAY, 1 APR 2025

... firearms, and tobacco manufacturing. The strategy addresses both the supply side of fossil fuel energy generation through divestment of fossil fuels and the demand side via fossil fuel energy consumption "by reallocating the active divestment rusk to ...

AustralianSuper bins WiseTech stake

ANDREW MCKEAN | THURSDAY, 27 MAR 2025

... institutional investors, like retail shareholders, have a focus on what good governance looks like to them, and that the divestment from AustralianSuper likely reflects its desire for a clearer plan of what's next from WiseTech. "There's a lot of unknowns. ...

Australian Unity chief retires

ANDREW MCKEAN | TUESDAY, 18 MAR 2025

... chair Lisa Chung said. Chung also credited Mead with reshaping Australian Unity through more than $1 billion of merger, divestment, and acquisition activity. Divestments included the sale of its pharmacy and general insurance businesses, the $155.5 million ...

Westpac's Yetton chooses to move on

ANDREW MCKEAN | FRIDAY, 7 MAR 2025

... many years - from his early days at BT to leading the strategic review of its specialist businesses, which led to the divestment of 10 businesses. Some of the biggest carve-outs from the review included BT's corporate and personal superannuation ...

Praemium hunts for new chief financial officer

ELIZA BAVIN | TUESDAY, 25 FEB 2025

... for his contribution to Praemium and the work to restructure and align our business, particularly with regard to the divestment of the international business and the OneVue acquisition," Praemium chief executive Anthony Wamsteker said. "An interim chief ...

Iress posts strong profit rebound, completes transformation program

ANDREW MCKEAN | MONDAY, 24 FEB 2025

... efficiency gains. Operating revenue, however, was $604.3 million, down 3% on the prior year, which Iress attributed to the divestment of non-strategic assets - the most recent being its superannuation business sale to Apex Group following a strategic ...

Dexus delivers profit, flags 'turning point'

ELIZA BAVIN | WEDNESDAY, 19 FEB 2025

Dexus delivered a statutory net profit after tax of $10.3 million in the six months to 31 December 2024 - a major change compared to the $597.2 million net loss after tax in HY24. Dexus chief executive Ross Du Vernet said the group had progressed its ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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