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Showing 631 - 640 of 3748 results for "Acquisition"

GAM investors make partial offer

JAMIE WILLIAMSON  |  THURSDAY, 20 JUL 2023
The investor group in opposition of Liontrust Asset Management's acquisition of GAM Investments is attempting to acquire 17.5% of the latter. In May, Liontrust offered to acquire GAM Investments. Almost immediately the deal was criticised by shareholders ...

Iress appoints former Pendal veteran

CASSANDRA BALDINI  |  THURSDAY, 20 JUL 2023
... Group's chief financial officer, responsible for building out its global business. He left Pendal in May following its acquisition by Perpetual. According to a statement, Williamson played a pivotal role in Pendal's transformation from a largely ...

Diversa loses key super fund mandate

JAMIE WILLIAMSON  |  THURSDAY, 13 JUL 2023
... acquired the Aon Master Trust in 2021. A Future Super Group spokesperson told Financial Standard the Smart Future Trust acquisition was a key part of the group's strategy to grow its funds under management to $30 billion by 2030. The Smart Future ...

Equity Trustees takes on new RE mandate

CHLOE WALKER  |  THURSDAY, 13 JUL 2023
... base broadens and demand rises," Mo said. He added that ALC's "long history of investment expertise" and the recent acquisition of Peridot Investment Management (PIM) points to exciting times ahead. "We've been delivering excellent returns over the last ...

Ownership changes spur upheaval in unit trust sector

KARREN VERGARA  |  WEDNESDAY, 12 JUL 2023
Fund managers that were recently acquired or have undergone significant structural changes are seeing massive outflows within their unit trust business to the tune of $21 billion. According to Rainmaker's Benchmarking research note, an interesting ...

Sequoia expands professional services arm

CASSANDRA BALDINI  |  WEDNESDAY, 12 JUL 2023
... and self-managed super funds. Meanwhile, Castle Legal is its boutique legal practice subsidiary. Sequoia said the acquisition of the Castle businesses is expected to boost the EBITDA of its professional services division by $800,000 per annum. It added ...

Count hunts new operations chief

CHLOE WALKER  |  TUESDAY, 11 JUL 2023
... Toussaint's departure comes as Count continues to grow its adviser network, having recently added 75 practices through the acquisition of TAL's Affinia licensee in May. At the time, Humphrey said the acquisition signalled a new dynamic phase for the ...

16% of asset managers to exit by 2027: PwC

ANDREW MCKEAN  |  MONDAY, 10 JUL 2023
... strategic consolidation with another asset manager in the coming months, indicating a potential surge in merger and acquisition (M&A) activity. "Gaining access to new segments, building market share and mitigating risks will drive deal appetite over ...

Challenger settles real estate unit divestment

KARREN VERGARA  |  MONDAY, 10 JUL 2023
... significant uplift in capability and scale. "Challenger will benefit from both alignment and access to growth via the acquisition of a strategic stake in Elanor, and we are excited to continue to grow the real estate platform together with the Elanor ...

AZ NGA welcomes head of M&A

CASSANDRA BALDINI  |  MONDAY, 10 JUL 2023
AZ Next Generation Advisory (AZ NGA) has appointed Yasemin Onat to lead future mergers and acquisitions. At the same time, Andrew Symes joins as general counsel and company secretary. The firm recently added the role of general counsel role to its standing ...