Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 771 - 780 of 3163 results for "Owner"

AMP divests infrastructure debt platform

ELIZABETH MCARTHUR  |  TUESDAY, 4 JAN 2022
AMP's private markets business, PrivateMarketsCo, has agreed to sell its infrastructure debt platform to Ares for $428 million. The agreement follows a strategic move from PrivateMarketsCo to focus on managing equity investments in real estate and infrastructure ...

Morningstar to buy Praemium for $65m

CHLOE WALKER  |  WEDNESDAY, 22 DEC 2021
... UK and international managing director Mark Sanderson said that the focus throughout the deal process was finding a new owner that is the "right fit". "We wanted a committed parent with a long-term view and the resolve to uphold our best-in-class platform ...

AMP Capital snaps up malls in $760m deal

CHLOE WALKER  |  MONDAY, 20 DEC 2021
AMP Capital has acquired two destination malls, Pacific Fair on the Gold Coast and the Macquarie Centre in suburban Sydney, in separate deals totalling approximately $760 million. AMP Capital Shopping Centre Fund (ASCF) bought an additional 25% stake ...

ISPT takes stake in property fund manager

KARREN VERGARA  |  FRIDAY, 17 DEC 2021
... a stake in a subsidiary run by ASX-listed E&P Financial Group, paying $12 million for its share. ISPT is to become part owner of E&P's Fort Street Real Estate Capital (FSREC), a real estate investor and asset manager which also acts as the investment ...

Super for home deposits could ignite new boom

ELIZABETH MCARTHUR  |  THURSDAY, 16 DEC 2021
Research from the McKell Institute has suggested that allowing home buyers to dip into their superannuation for a deposit could ignite a further house price boom. The report, Mortgaging Our Future, used modelling to project the effect on the housing ...

CFS extends SimCorp partnership

KARREN VERGARA  |  WEDNESDAY, 15 DEC 2021
Colonial First State has re-signed with SimCorp to provide back-office support as it overhauls its systems. CFS will migrate its platform and data management to Datacare, SimCorp's cloud-based data management service, after announcing it received a ...

Labor promises to recognise adviser experience

KARREN VERGARA  |  FRIDAY, 10 DEC 2021
... said. The industry's call to recognise advisers' experience has been largely ignored. Former GJO Financial Services owner Greg Owen, who left the industry in part because of the stringent educational requirements, has advocated for lesser educational ...

One in three crypto owners to switch banks

ELIZABETH MCARTHUR  |  FRIDAY, 10 DEC 2021
A survey of Australian cryptocurrency owners, conducted by Visa, has revealed one in three plan to switch banks to one that offers crypto products. The survey of more than 790 financial decision makers across Australia found 33% of crypto owners are ...

Sydney Airport takeover given green light

JAMIE WILLIAMSON  |  THURSDAY, 9 DEC 2021
... Company as trustee of the IFM Global Infrastructure Fund, will pay $8.75 per share via a scheme of arrangement. A current owner, UniSuper will stay on and transfer its 15.01% stake for an equivalent interest in the new entity. In the weeks that followed ...

ClearView uses new anti-money laundering technology

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 DEC 2021
ClearView will use Napier technology to fight money laundering activity. The technology will enable ClearView to monitor insights into its customers and identify suspicious behaviour which could be indicative of money laundering more efficiently, while ...