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Showing 41 - 50 of 301 results for %22Divestment%22

Link due to settle defunct Woodford fund with FCA

KARREN VERGARA  |  MONDAY, 20 FEB 2023
... trustee of the fund, is due to settle the Financial Conduct Authority's investigation. By the same token, Link's divestment of Fund Solutions (which operates LFSL) to Waystone Group, has progressed. Should the sale proceed, Waystone will be free ...

AMP profits, declares first dividend since 2019

JAMIE WILLIAMSON  |  THURSDAY, 16 FEB 2023
... growth in its equity investment portfolio ($4m). However, it was offset by the sale of the employed advice business and divestment of majority-owned practices ($39m). The North platform saw a 31% increase in inflows from independent financial advisers ...

Pengana offloads Lizard Investors stake

CHLOE WALKER  |  FRIDAY, 10 FEB 2023
... agreed to divest its 65% direct equity stake in Chicago-based asset management firm Lizard Investors (Lizard). The divestment is part of a management buyout led by Lizard chief investment officer and portfolio manager Jon Moog. Pengana acquired the stake ...

Charter Hall acquires stake in healthcare facility

CHLOE WALKER  |  FRIDAY, 3 FEB 2023
... research, education, and training facility, Innovation Quarter (iQ). CQE has funded the acquisition of iQ through the full divestment of securities held in Arena REIT (ARF) and the divestment of five non-core early learning properties. iQ, which was ...

Divestments impact Insignia FUMA

ANDREW MCKEAN  |  WEDNESDAY, 25 JAN 2023
... billion. Despite a positive market movement of $7.6 billion, the overall FUA decreased by $0.2 billion (0.1%) due to the divestment of $6.9 billion in Australian Executor Trustees (AET) FUA, pension payments of $706 million, and net outflows of $267 ...

CBA increases Countplus indemnity to $520m

ANDREW MCKEAN  |  THURSDAY, 8 DEC 2022
... performed and remediation payments made, which has been recognised as a post-tax adjustment of $147 million to the Count divestment in the first half of 2023," a CBA statement said. CBA added that it's committed to comprehensively addressing the full ...

Centuria, Morgan Stanley launch $181m partnership

CHLOE WALKER  |  THURSDAY, 8 DEC 2022
... vehicle acquire a roughly 50% interest in eight CIP-owned Prime-Grade industrial assets. The transaction reflects a divestment yield of 4.7% and enables CIP to bolster its balance sheet by reducing debt and gearing, while retaining exposure to these ...

AMP appoints new chief financial officer

ANDREW MCKEAN  |  WEDNESDAY, 30 NOV 2022
... leading the group through a period of significant change." "Over the last three years, he has helped lead and oversee the divestment of a number of businesses and has supported the transformation of AMP. With these divestment programmes now concluded ...

MaxCap sells logistics site to Brookfield

JAMIE WILLIAMSON  |  WEDNESDAY, 30 NOV 2022
... that we forecast in industrial land values in core locations. It was about buying well, adding value, and opening up divestment options through development, subdivision or englobo sale," MaxCap Group head of direct investments and MIOF portfolio manager ...

Link Group offloads PEXA stake

ANDREW MCKEAN  |  MONDAY, 21 NOV 2022
... attractive cash flows with multiple growth levers." As previously reported by Financial Standard, Link has been exploring divestment options for the troubled Link Funds Solutions business, which included Link Fund Solutions Limited; it appointed Macquarie ...