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Showing 491 - 500 of 3748 results for "Acquisition"

GQG builds private markets unit on PAC stakes

KARREN VERGARA  |  MONDAY, 18 MAR 2024
... PAC operating model continues to simplify," PAC said. PAC shareholders will need to approve the externalisation and acquisition at an extraordinary general meeting (EGM) in April. Perpetual and River Capital, which have 15% and 19.8% holdings in PAC ...

Low-margin clients hurt practice valuations

KARREN VERGARA  |  THURSDAY, 14 MAR 2024
... practices' bottom line and ultimately drag business valuations, a new analysis reveals. The latest Advice practice acquisition, sale & valuation guide from Centurion Market Makers highlights the struggle advice firms face in servicing clients that pay ...

Coastal Advice Group merges with Compass Financial Management

ELIZA BAVIN  |  THURSDAY, 14 MAR 2024
Coastal Advice Group (CAG) has continued its expansion plans by announcing it has merged with Port Macquarie financial advice firm Compass Financial Management. This comes after CAG also acquired both RI Advice Brighton and Wealth for Life Financial ...

Hostplus rejects anti-competitive behaviour claims

KARREN VERGARA  |  TUESDAY, 12 MAR 2024
... have in place with superannuation funds". Thompson confirmed "we don't charge employers or employees". "Member acquisition costs are paid by the super fund administrator. Funds likely pass this cost onto members, which is why it's crucially important ...

Pendal shutters costly equity fund

KARREN VERGARA  |  MONDAY, 11 MAR 2024
... profit after tax (UPAT) reached $98.2 million, 46% higher than the prior corresponding period because of the Pendal acquisition and higher wealth management earnings.

UniSuper, ISPT acquire commercial property at Western Sydney Airport

ANDREW MCKEAN  |  WEDNESDAY, 6 MAR 2024
... the development of the airport precinct. Richmond Bridge, a real estate investment management firm, facilitated the acquisition on behalf of UniSuper and ISPT. While Richmond Bridge will oversee UniSuper's stake in the project, ISPT will manage its ...

Melbourne advice firm joins Count

CHLOE WALKER  |  WEDNESDAY, 6 MAR 2024
... $4.1 million on SMSF services company, Solutions Centric. This month, Count announced the completion of the Diverger acquisition. The group now has 590 financial advisers and funds under advice (FUA) of $29.9 billion.

Growthpoint recruits new chief executive

ANDREW MCKEAN  |  WEDNESDAY, 6 MAR 2024
Growthpoint Properties (ASX: GOZ) has named Centuria Capital executive Ross Lees as its new chief executive and managing director, effective July 1. Lees succeeds Timothy Collyer, who announced his retirement last July after serving more than 13 years. ...

MSC Trustees nabs Equity Trustees general manager

JAMIE WILLIAMSON  |  TUESDAY, 5 MAR 2024
... as an expert in regulatory and compliance practices." He added that the group is repositioning following its recent acquisition of Certane Corporate Trust, with plans to strengthen the promotion of its new scale and full-service offering. In January ...

Count completes Diverger acquisition

KARREN VERGARA  |  MONDAY, 4 MAR 2024
Count has finalised the acquisition of Diverger as the latter officially delists from the ASX today. The group now has 590 financial advisers and funds under advice (FUA) of $29.9 billion. Count chief executive Hugh Humphrey said: "An important strategic ...