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Showing 31 - 40 of 201 results for "strategic review"

Dexus terminates Core Property Fund

JAMIE WILLIAMSON  |  WEDNESDAY, 11 DEC 2024
The Dexus Core Property Fund has been terminated following a strategic review. The Trust Company, which serves as responsible entity, has determined that the Dexus Core Property Fund can no longer meet its investment objective. As a result, the fund ...

Perpetual remuneration report cops first strike

KARREN VERGARA  |  FRIDAY, 18 OCT 2024
... forth, D'Aloisio said this period of "heightened change and uncertainty following the announcement of the strategic review, the board's view was that leadership instability was a significant risk for Perpetual". "The board's business judgment ...

Perpetual chair to leave as $472m loss recorded

JAMIE WILLIAMSON  |  THURSDAY, 29 AUG 2024
... impairment related to a writedown on J O Hambro and Thompson, Siegel, and Walmsley and Pendal integration and strategic review costs. Underlying profit came in at $206.1 million, up 26% on FY23. Perpetual attributed this to stronger earnings in its wealth ...

Insignia Financial books $185m loss, halts dividends

JAMIE WILLIAMSON  |  THURSDAY, 22 AUG 2024
... remediation provisions have resulted in a $185.3 million net loss and the need to pause dividends as it undertakes a strategic review. Releasing its full-year results to the ASX today, Insignia Financial said the loss was due to $257.7 million in transformation ...

Eildon divests stakes in four funds to Trilogy

KARREN VERGARA  |  WEDNESDAY, 31 JUL 2024
... binding sale agreement with Trilogy to divest its management rights and direct co-investment stakes as part of a strategic review to simplify its operations and business. Eildon's co-investment stakes in EAM Berwick Motor Trust, EAM Elara Village ...

Macquarie AM spins off real estate manager

KARREN VERGARA  |  WEDNESDAY, 24 JUL 2024
... and Real Assets in Europe and the Americas (MIRA). Following the expansion of its activities as part of MAM, a strategic review concluded that the next phase of growth would be best served by operating independently as a boutique real estate investment ...

Count renews Iress contract

KARREN VERGARA  |  MONDAY, 6 MAY 2024
... part of our global portfolio of Trading & Market Data businesses. "Our next focus for the Managed Portfolio is a strategic review of the businesses within it, which may include moving the UK back into the core part of our portfolio. We are also continuing ...

Platinum announces strategic review

ELIZA BAVIN  |  FRIDAY, 26 APR 2024
Platinum Asset Management said it would be undertaking a strategic review of both Platinum Capital (PMC) and Platinum Asia Investments (PAI). Platinum said the boards of both PMC and PAI have noticed a trend away from close-ended investment vehicles ...

Fund manager awards custody mandate

KARREN VERGARA  |  TUESDAY, 20 FEB 2024
... custodial partnership with NAS. Parent company NAB decided to close its asset servicing business by 2025 following a strategic review and mandate losses. Citi Securities Services has some US$29.2 trillion in global assets under administration and cus ...

Centric hires chief client officer

CHLOE WALKER  |  MONDAY, 12 FEB 2024
... operating officer. Prior, he spent seven years at Praemium as chief distribution officer before departing following a strategic review. Centric stated that Morris's extensive experience in the financial services industry and his ability to understand ...