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| | | Fidelity International has appointed Simon Glazier as managing director, Australia, with effect from 1 September 2024. In his new role, Glazier will be responsible for delivering continued growth for Fidelity's business in Australia, and further strengthening ... |
| | | | J.P. Morgan has been appointed as the new custodian for Vision Super, replacing NAB Asset Servicing. The investment bank said that it's completed the transition of the $13.8 billion industry super fund, which is set to merge with Active Super on 1 March ... |
| | | | Longreach Alternatives has poached the former sales lead of Channel Capital to spearhead its new business unit dedicated to fundraising and distributing its products. Andrew King, who finished up with Channel Capital in May 2023, popped up at fledgling ... |
| | | | The financial services industry and the journalists that cover it are mourning the loss of Greg Bright, a titan of the financial trade press. For more than four decades, Bright was instrumental in shaping Australia's financial services trade media ... |
| | | | AustralianSuper has written off its $1.1 billion investment in online education firm Pluralsight, following the company's restructuring. The superannuation giant invested in Pluralsight in 2021, as a co-underwriter with Vista Equity Partners, which ... |
| | | | ... commissions. It made $24 million in net profit after tax following a $2.6 million loss from the prior year, thanks to the sale of 80% of Morrison Securities. "The shift from commissions to fee for service has also ensured businesses like ours are far ... |
| | | | ... terminate AOF's debt facility and declare a special distribution of at least nine cents per unit. The deal is another fire sale for the REIT which has been aggressively looking for buyers in the past year thanks to the office sector rout taking a ... |
| | | | ... unfranked. Over the period PAC said it completed asset sales with exits from GQG, Proterra, Cordillera, Avante and the partial sale of Pennybacker, which provided significant potential for capital return, dividend payment, debt paydown and future growth ... |
| | | | ... compared to the $51.2 million in net profit it reported in FY23, which included the proceeds of the Australian Executor Trustees sale. That said, underlying net profit after tax came in at $216.6 million, up about 14% on last year's $191 million. The ... |
| | | | ... in his current role until October 1, when he goes on gardening leave and continues to work with the board to complete the sale of Perpetual Corporate Trust and the wealth management unit that will overhaul the firm into a standalone asset manager. Kohlberg ... |
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