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Showing 541 - 550 of 3748 results for "Acquisition"

Mercer Super investment chief departs

ELIZABETH FRY  |  FRIDAY, 8 DEC 2023
... Collocott and Kerr arrived at Mercer in April as part of the merger of BT Super into the Mercer Super Trust and the acquisition of Advance Asset Management. On joining, Collocott oversaw the performance of Mercer Super's investment options and diversified ...

Perpetual rebuffs Soul Pattinson takeover offer

ANDREW MCKEAN  |  THURSDAY, 7 DEC 2023
Perpetual has rejected a $3 billion acquisition bid from Washington H. Soul Pattinson, saying that it "materially undervalues" the company's Corporate Trust and Wealth Management divisions. Soul Pattinson, currently Perpetual's largest shareholder ...

Perpetual explores split following review

CASSANDRA BALDINI  |  WEDNESDAY, 6 DEC 2023
... tripled its AUM and introduced 21 new strategies spanning various asset classes and geographical regions. While the acquisition of Pendal presented some short-term challenges, D'Aloisio said Perpetual has made significant strides on various fronts. ...

Advice firms must scale up to meet demand: AZ NGA

CASSANDRA BALDINI  |  WEDNESDAY, 6 DEC 2023
... years. In most cases, the strategy involved a mix of organic growth and mergers and acquisitions. It cited the recent acquisition of Australian Unity's Financial Advice business by AZ NGA-backed Nestworth Financial Strategists in partnership with ...

Coastal Advice Group expands reach

CHLOE WALKER  |  WEDNESDAY, 6 DEC 2023
... Financial Planning as part of its strategy to become one of the leading financial advice providers in the country. The acquisition of the firms, both based out of Adelaide, will see veteran advisers Steven Hampel and Rex Whitford join the Coastal Advice ...

Barings prepares new strategies for local institutional investors

ANDREW MCKEAN  |  TUESDAY, 5 DEC 2023
Barings is mooting the launch of several new Asia Pacific investment strategies in 2024, aimed at "meeting the evolving needs of Australian wealth and institutional clients". The US$347 billion global investment manager anticipates that the introduction ...

AIMCo, New Agriculture buy Kimberley Cattle Portfolio

CASSANDRA BALDINI  |  WEDNESDAY, 29 NOV 2023
... Australia for several years, with an initial focus on forestry. In 2022, AIMCo expanded into agriculture following its acquisition of mixed farming business Lawson Grains, alongside investment partner New Forests, the global investment manager specialising ...

Conscious Investment Management fund receives $50m

RACHEL ALEMBAKIS  |  MONDAY, 27 NOV 2023
... The first investment of the new fund will be in conjunction with the NSW Government and Bridge Housing, to fund the acquisition of up to 90 social housing dwellings in Sydney, according to chief investment officer Matthew Tominc. "The second fund will ...

AustralianSuper slams Brookfield's Origin Energy bid

ANDREW MCKEAN  |  FRIDAY, 24 NOV 2023
... institutional investors to reinvest in Origin's Energy Markets business after completion of the Brookfield's acquisition, while maintaining the initially proposed $9.43 per share offer to Origin shareholders as announced earlier this week. However ...

Insignia Financial finds buyer for Millennium3

CASSANDRA BALDINI  |  TUESDAY, 21 NOV 2023
... practices across the country, will come under the WTL umbrella. Upon completion, expected in December, WTL anticipates the acquisition will add over $50 million in revenue, approximately $4.5 million in gross profit, and more than $500,000 in net profit ...