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Showing 691 - 700 of 10357 results for "Close"

Insignia exec appointed local chief of MUFG Retirement Solutions

ELIZABETH FRY  |  THURSDAY, 6 FEB 2025
A former Insignia Financial exec has taken up a leadership role at MUFG Retirement Solutions following the retirement of chief executive Dee McGrath. The firm appointed Frank Lombardo to a newly created role of chief executive for its Australia and ...

Frontier hires new real assets lead

ELIZABETH FRY  |  THURSDAY, 6 FEB 2025
... asset capability. Minichiello joins Frontier having carved out a twenty-year career in the infrastructure sector. She spent close to six years with Westbourne Capital, an investment manager focused on investing institutional client capital in infrastructure ...

AustralianSuper under investigation for delayed death benefit payouts

ANDREW MCKEAN  |  THURSDAY, 6 FEB 2025
... Kerlin said the fund would contact impacted beneficiaries and compensate them to restore their financial position, or as close as possible, had the delays in processing the death benefit claim not occurred. Financial Standard contacted AustralianSuper ...

Cbus divests renewable asset

ELIZA BAVIN  |  THURSDAY, 6 FEB 2025
... renewable platform in Western Australia with three operating projects and one wind farm which recently reached financial close, with a total capacity of 367MW. Cbus Super, who are a co-shareholder in BEI, have sold their stake alongside CVC DIF. It also ...

Fixed income drives managed fund surge

ROSE MARY PETRASS  |  THURSDAY, 6 FEB 2025
... Active vs passive trends Globally, equity funds rebounded to record net inflows of $5.4 billion. Global equity funds had close to $30 billion in inflows - of the $13.8 billion that went into North American equities, $9.8 billion went into active equity ...

Wilson Asset Management launches Founders Fund

ANDREW MCKEAN  |  TUESDAY, 4 FEB 2025
... unique attributes that founders bring to the table play a pivotal role - a compelling vision, long-term investment, and close engagement with shareholders," Yao said. Wilson Asset Management also expects the anticipated rate cuts in 2025 to provide a ...

Barrenjoey acquires, expands in Hong Kong

KARREN VERGARA  |  TUESDAY, 4 FEB 2025
Barrenjoey has set up shop in Hong Kong, offering Australian and New Zealand equities sales, trading, and research services following the acquisition of a local business. The firm took over Forsyth Barr Asia from its partner Forsyth Barr to make the ...

Syfe bids for SelfWealth, ups BFG's offer

KARREN VERGARA  |  MONDAY, 3 FEB 2025
... angel investors include KKR. Svava's offer is valued at $65 million and marks a 133% premium to SelfWealth's last close share price of 12 cents as at November 12, which was the day before BFG announced its proposed acquisition. A few days later ...

Resolution Life completes NZ$410m life business transaction

MATTHEW WAI  |  MONDAY, 3 FEB 2025
... separate brands. "...and [it] reaffirms our capability in the acquisition and integration of complex transactions; working in close partnership with current owners," Tez said. "While Asteron Life and Resolution Life will continue to operate under separate ...

The regulatory pendulum has swung too far: FSC

ANDREW MCKEAN  |  FRIDAY, 31 JAN 2025
... product modernisation framework for legacy funds management and superannuation products to "finally allow" companies to "close onerous and expensive legacy IT systems" without leaving their customers with "hefty tax penalties." Others sit with the government ...