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Showing 51 - 60 of 174 results for "Investments business"

SEEK raising $260m for new fund

KANIKA SOOD  |  WEDNESDAY, 11 AUG 2021
... Growth Fund is a pooled unit trust formed after SEEK's strategic review of its Asia Pacific and Americas Investments business announced in February. SEEK will transfer about $1.2 billion of existing investment assets into the fund, including its holdings ...

CFS unveils new leadership team

KARREN VERGARA  |  MONDAY, 5 JUL 2021
... transition after completion of the sale, and transform our business to be the most competitive superannuation and investments business in Australia." CBA entered an agreement to sell 55% of CFS to private equity firm KKR in May 2020. Coombe, who is the ...

AMP Capital announces new chief executive

ELIZABETH MCARTHUR  |  FRIDAY, 11 JUN 2021
... oversight of approximately US$2.1 trillion in client assets. More recently, Johnson led his own alternative investments business. David Atkin, AMP Capital deputy chief executive and former chief executive of Cbus, had been acting in the chief executive ...

IOOF awards $23bn passive mandate

JAMIE WILLIAMSON  |  TUESDAY, 18 MAY 2021
... Vanguard's decision to stop managing passive strategies for other institutions. Having acquired ANZ's pensions and investments business last year, IOOF found itself in need of a new manager for the OneAnswer suite of index funds. These, alongside the ...

ClearView appoints head of life strategy

KANIKA SOOD  |  MONDAY, 3 MAY 2021
... Services' head of mental health and wellness. She held the same role at ANZ/OnePath before its pensions and investments business was acquired by Zurich. In her new role at ClearView, Falas will report to ClearView general manager, life insurance ...

Alceon merges real estate unit

KARREN VERGARA  |  MONDAY, 12 APR 2021
Alceon Group is merging its real estate investments business with a boutique fund manager that will lift assets under management to $2.5 billion. Alceon and Freehold Investment Management will combine their real estate funds management businesses. The ...

Colonial First State names executive chair

JAMIE WILLIAMSON  |  THURSDAY, 18 MAR 2021
Colonial First State has elected the former chair of MLC Wealth as executive chair of the company that will be established on completion of its sale to KKR. Former MLC Wealth and current Generation Development Group chair Rob Coombe has been named as ...

Magellan performance fees dip 70%

KANIKA SOOD  |  THURSDAY, 11 FEB 2021
... product, Magellan said, it is still awaiting regulatory approval. In an update on its newly-launched principal investments business, Magellan said Barrenjoey has now hired about 150 people and has begun onboarding clients. Barrenjoey recently hired David ...

New chief for global fund manager

KARREN VERGARA  |  FRIDAY, 6 NOV 2020
A US$354 billion global investment manager has named its new chief executive and chair, who assumed the post this month. Mike Freno took over from Tom Finke at Barings, who has served in this role since 2016 and led the institution through its integration. ...

IOOF compensation bill soars

KARREN VERGARA  |  MONDAY, 26 OCT 2020
The former pensions and investments business of ANZ has exacerbated IOOF's client remediation bill, which has now topped $760 million. The provision for ex-ANZ P&I took the lion's share of the total remediation bill at $197.9 million. The firm ...