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Showing 51 - 60 of 2910 results for %22Pacific%22

Pacific Current Group wraps up buyout talks

JAMIE WILLIAMSON  |  THURSDAY, 16 NOV 2023
GQG Partners has failed to get support from River Capital to acquire Pacific Current Group (PAC), leading the latter to wrap up the transaction process. PAC will dissolve the independent board committee (IBC) it installed earlier this year to review ...

GQG's PAC acquisition attempt hits snag

KARREN VERGARA  |  MONDAY, 13 NOV 2023
GQG Partners' attempted acquisition of Pacific Current Group (PAC) has hit a snag as the former's major shareholder River Capital imposes its own conditions and a lower offer price. River Capital has undercut the original $11 offer to be paid in cash ...

Challenger expands strategic relationship with Apollo

CASSANDRA BALDINI  |  THURSDAY, 9 NOV 2023
... to origination flows, co-investment prospects, and new investment strategies. Under the agreement, Apollo head of Asia Pacific Matthew Michelini will join the Challenger board as a non-executive director, effective immediately. Michelini is a member ...

More than $17m paid in CFD-related remediation

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2023
... made to more than 2000 retail investors since March 2021. In addition to Binance, Capital Com Australia, CMC Markets Asia Pacific, Eightcap, IG Australia, Pepperstone Group, Saxo Capital Markets, and City Index were forced to pay remediation. Of the ...

Invesco hires from Northern Trust

JAMIE WILLIAMSON  |  WEDNESDAY, 8 NOV 2023
... Bennett will join Invesco Australia in the role, leaving behind the role of head of quantitative investment solutions, Asia Pacific he's held at NTAM since February 2022. Previously, he served as head of quantitative research and client solution, Australia ...

GQG Partners FUM declines

ANDREW MCKEAN  |  TUESDAY, 7 NOV 2023
... month, GQG confirmed it submitted a non-binding indicative proposal for a total acquisition of multi-boutique asset manager Pacific Current Group (PAC). In pursuit of the deal, GQG has acknowledged the strategic value of a takeover of PAC and remains ...

Westpac reports $7.2bn profit

KARREN VERGARA  |  MONDAY, 6 NOV 2023
... elsewhere," Westpac chief executive Peter King said. The Specialist Businesses Division, which operates BT Panorama, Westpac Pacific, margin lending, and retail auto finance, contributed $605 million in profit. Since its formation in May 2020, the division ...

Perpetual loses key executive to First Sentier

JAMIE WILLIAMSON  |  THURSDAY, 2 NOV 2023
... Gazal has been with Perpetual for about four years. Prior to this she was at DWS Group as chief operating officer for Asia Pacific distribution and chief operating officer for the Singapore business. She previously held senior roles with Deutsche Bank ...

GQG makes official bid for PAC

CHLOE WALKER  |  THURSDAY, 2 NOV 2023
Pacific Current Group (PAC) confirmed it received a buyout offer from global fund manager GQG Partners (GQG), valuing the firm at $567.3 million. PAC had been the subject of an initial buyout offer of $388 million by Regal Funds Management (Regal) and ...

Campbell Lutyens opens local office

ELIZABETH FRY  |  MONDAY, 30 OCT 2023
... on the appointment, Campbell Lutyens chief executive Andrew Sealey said: "We are delighted to expand further into Asia-Pacific. This new office reflects our commitment to our clients and investors in the region over the long term." "We look forward to ...