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Showing 501 - 510 of 2368 results for "merger"

PAC Capital buys Clearwater Portfolio Management

CHLOE WALKER  |  WEDNESDAY, 2 NOV 2022
... committees, strengthening the offering for both client bases. Clearwater founder and chief executive Gary Lucas said that the merger is an exciting next chapter for the boutique firm. "There is great synergy between PAC Capital and Clearwater as we both ...

KKR, Mubadala in $1.6bn APAC partnership

JAMIE WILLIAMSON  |  TUESDAY, 25 OCT 2022
... headquartered in Abu Dhabi and also has offices in Moscow, New York, London and Beijing. It was created in 2017 out of the merger of Mubadala Development Company and International Petroleum Investment Company. According to its website, Mubadala only ...

Members stick with dud super funds

ANDREW MCKEAN  |  FRIDAY, 21 OCT 2022
... fund bar one that failed the first performance test is addressing its underperformance through either fee reductions or a merger with a better performer," SCA said. SCA research found that failed products have on average, experienced a 20.64% reduction ...

Australian Ethical FUM dips ahead of merger

JAMIE WILLIAMSON  |  WEDNESDAY, 19 OCT 2022
... a slight drop in its funds under management, including a final institutional redemption, and provided an update on its merger with Christian Super. Australian Ethical's total FUM now sits at $6.18 billion, a drop of 0.4% from June end. Broken down, $1.81 ...

UniSuper chair to step down

JAMIE WILLIAMSON  |  TUESDAY, 18 OCT 2022
... grown from $60 billion to $100 billion, and he has overseen its transition to a fully public offer fund and the planned merger with Australian Catholic Superannuation and Retirement Fund. He joined the board following an extensive executive career which ...

Koda Capital, Redwood merge

CASSANDRA BALDINI  |  TUESDAY, 18 OCT 2022
Koda Capital (Koda) is expanding into the Perth market through a merger with Redwood Wealth Alliance. In bringing the two businesses together, Redwood will become part of the broader Koda professional partnership. Some Redwood staff will hold equity ...

Fed seeks feedback on rules to resolve large bank failures

ANDREW MCKEAN  |  MONDAY, 17 OCT 2022
... advance notice of proposed rulemaking to enhance regulators' ability to resolve large bank failures. The Fed said recent merger activity and growth has increased the size of large US banking organisations, which could lessen regulators' capacity ...

APRA flags concerns over fund sustainability

ANDREW MCKEAN  |  WEDNESDAY, 12 OCT 2022
Appearing before the House of Representatives' Economics Committee, APRA's Margaret Cole said the regulator is concerned about some of the super funds that passed the performance test yet fail the regulator's own sustainability testing. ...

AZ NGA appoints head of business improvement

CASSANDRA BALDINI  |  MONDAY, 10 OCT 2022
... operating officer Graham McGeagh and will be responsible for designing and implementing business improvement programs, merger and acquisitions integration as well as identifying and embedding best practice systems. Going forward, she will also oversee ...

Chief executives anticipate recession: KPMG

ANDREW MCKEAN  |  MONDAY, 10 OCT 2022
The current economic climate is a top concern for global chief executives, but many are already prepared for a recession, according to the KPMG 2022 Chief Executive Outlook. The report said 86% of chief executives believe a recession will happen over ...