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Showing 781 - 790 of 7576 results for "Deal"

Betashares carves slice of superannuation pie

CHLOE WALKER, JAMIE WILLIAMSON  |  WEDNESDAY, 27 SEP 2023
... Bendigo Superannuation, taking on its $1.4 billion in funds under administration and more than 19,000 members. The terms of the deal were not disclosed. It's been described as a transformational step for Betashares, expanding its business beyond ...

Coolabah Capital launches new active ETP

ANDREW MCKEAN  |  WEDNESDAY, 27 SEP 2023
Coolabah Capital Investments has launched a short-term income fund, capturing opportunities in mispriced cash and bond markets on Cboe. The Cboe Australia-listed Coolabah Short Term Income Fund (FRNS) aims to offer daily liquidity returns that exceed ...

ANZ hit with $15m penalty for misleading customers

ANDREW MCKEAN  |  TUESDAY, 26 SEP 2023
ANZ Bank has been ordered to pay $15 million by the Federal Court for misleading customers over the funds available to them in select credit card accounts. The Court found that ANZ breached both the ASIC and the National Consumer Credit Protection Act ...

TAL offers super funds financial literacy tools for employers

JAMIE WILLIAMSON  |  MONDAY, 25 SEP 2023
... level of financial stress, and 40% said it is impacting their work - so much so that 41% of them have taken time off work to deal with their personal finances. The research shows employees are looking to their employers as a source of help in dealing ...

NextGen Financial Group forced into liquidation

KARREN VERGARA  |  MONDAY, 25 SEP 2023
After ignoring an Australian Financial Complaints Authority (AFCA) determination, which was then escalated to the Federal Court, NextGen Financial Group is now in the process of winding up. WJ & V Drakoulis Super, the trustees of the SMSF that sued ...

HMC Capital reaches first close on fund

CASSANDRA BALDINI  |  MONDAY, 25 SEP 2023
... Sciences Unlisted real estate fund is a good example of HMC's ability to source highly strategic acquisitions through unique deal structuring and underwriting," he said. "Our strategic partnership with Brookfield helped us secure the portfolio on ...

Singaporean wealth manager mandates Aussie boutique

CHLOE WALKER  |  FRIDAY, 22 SEP 2023
Melbourne-based Spatium Capital has received an undisclosed investment from Singaporean wealth manager Conduit Group (Conduit) in its Small Companies Fund (SSCF). Conduit, an integrated financial services company that offers securities dealing, wealth ...

Count to take over Diverger

KARREN VERGARA  |  FRIDAY, 22 SEP 2023
Count is making a play for Diverger, in a deal that will create an entity with $29 billion in funds under management and advice, and house 550 financial advisers. The two ASX-listed firms have entered into a binding scheme implementation deed in which ...

ARK Invest acquires European ETF issuer

ANDREW MCKEAN  |  THURSDAY, 21 SEP 2023
... consistency and reliability for all existing and future investor," an ARK announcement said. While the financial terms of the deal are undisclosed, ARK anticipates that the acquisition will lead to an increase in its global AUM. Notably, as of August ...

Pacific Current Group buys into fund manager

CHLOE WALKER  |  WEDNESDAY, 20 SEP 2023
... the future of Avante is very bright with PAC alongside us," she said. PAC is currently the target of its own acquisition deal, with GQG Partners (GQG) and Regal Partners (Regal) alongside River Capital having made competitive bids to acquire it in late ...