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Showing 41 - 50 of 251 results for "US growth"

La Trobe takeover confirmed

CHLOE WALKER  |  MONDAY, 21 MAR 2022
Following speculation, Brookfield Asset Management has announced an agreement to acquire La Trobe Financial for $1.5 billion. The valuation includes a contingent payment tied to the business achieving certain performance milestones. La Trobe Financial ...

Fiducian acquires $1.1bn advice business

JAMIE WILLIAMSON  |  WEDNESDAY, 3 NOV 2021
Fiducian was the successful bidder for the $1.1 billion financial advice subsidiary of a national bank. People's Choice Credit Union (PCCU) has sold its financial advice business to the ASX-listed group, in a move that continues Fiducian's ambitious ...

Global pension fund backs Aussie renewables

JAMIE WILLIAMSON  |  MONDAY, 18 OCT 2021
The infrastructure business of a major Canadian pension fund has acquired 49% of a local renewable energy platform. OMERS Infrastructure, part of the Ontario Municipal Employees Retirement System, has purchased a 49% interest in FRV Australia from Fotowatio ...

Aware Super makes investment team changes

ELIZABETH MCARTHUR  |  THURSDAY, 14 OCT 2021
As Aware Super continues its ambitious growth trajectory towards becoming a $250 billion fund it has made some changes to its investment team. Damien Webb has been made deputy chief investment officer. Webb joined Aware Super in 2014 as head of income ...

Record FUM growth at Australian Ethical

ELIZABETH MCARTHUR  |  THURSDAY, 26 AUG 2021
Fund manager and super fund Australian Ethical enjoyed record annual growth in its funds under management and announced a dividend in its results. With net inflows of $1.03 billion during the year driving FUM up to $6.07 billion, the company announced ...

Aware Super hires member growth executive

KARREN VERGARA  |  MONDAY, 16 AUG 2021
Aware Super has appointed a new group executive for member growth. Steve Travis joins Aware from Sunsuper, where he was the chief member officer for nearly three years. Prior to that he was the head of strategic planning for the retail division at Vanguard. ...

T. Rowe Price names chief executive

ANNABELLE DICKSON  |  FRIDAY, 30 JUL 2021
... of global equity, portfolio manager of the US Large-Cap Growth Equity Strategy, and portfolio manager of the former US Growth & Income Equity Strategy. "Rob's appointment as chief executive is the culmination of a thoughtful and planned transition ...

AMP announces AMP Bank lead

JAMIE WILLIAMSON  |  FRIDAY, 7 MAY 2021
The new managing director of AMP Bank has been named. Sean O'Malley has been permanently appointed to the role, having acted in the role since February when Rod Finch departed. Finch only held the role for just over a year. O'Malley has been ...

Praemium FUA up, opens Edinburgh office

ANNABELLE DICKSON  |  THURSDAY, 15 APR 2021
The platform has recorded increased funds under administration (FUA) of $37.9 billion as it expands its presence in the UK with the opening of an office in Edinburgh, Scotland. For the March quarter, Praemium recorded an 11% increase in FUA, and a 96% ...

Chief economist update: When 6%-plus growth is deemed too low

BENJAMIN ONG  |  FRIDAY, 19 MAR 2021
GDP growth of over 6% for 2021. Chinese premier Li Kequiang announced this target growth rate at the opening of the fourth session of the 13th National People's Congress (NPC) in Beijing on March 5. Many a time, China's annual economic growth ...