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Showing 61 - 70 of 301 results for "Divestment"

Praemium reports 92% flow increase

CHLOE WALKER  |  MONDAY, 18 JUL 2022
... the positives, Wamsteker said: "Praemium deliver solid net inflows this quarter and strong annual net inflows." "The divestment of our international business allows us to focus on our strategy to become one of Australia's largest independent specialist ...

Bendigo Bank agrees to buy ANZ margin lending book

CHLOE WALKER  |  THURSDAY, 7 JUL 2022
... through the ordinary course of operations, Bendigo and Adelaide Bank said. Disclosing the sale to the ASX, ANZ said the divestment is consistent with its simplification strategy and does not represent a material financial impact to the group. Bendigo ...

WTW appoints head of due diligence, and private equity Australasia M&A

CASSANDRA BALDINI  |  WEDNESDAY, 6 JUL 2022
Willis Towers Watson named Sarah Pendred as its head of due diligence and private equity for Australasia within its mergers and acquisitions practice. Pendred will take up the role on July 11 and report to WTW director Steve Torresan. She will be based ...

Vanguard appoints head of ESG product

RACHEL ALEMBAKIS  |  FRIDAY, 1 JUL 2022
... we've been having in engagements across our portfolios," Dixon said. "We've been targeted by activist groups for divestment, and I think one of the key nexuses we saw was that while we didn't think divestment was the best lens to talk about ...

AMP completes Resolution Life divestment

ANDREW MCKEAN  |  WEDNESDAY, 29 JUN 2022
AMP has completed the divestment of its remaining equity interest (19.3%) in Resolution Life Australasia to Resolution Life Group. The initial sale agreement, announced on 3 November 2021, was subject to regulatory approvals and other conditions precedent ...

SCA buys Centuria shopping centre portfolio

CHLOE WALKER  |  MONDAY, 20 JUN 2022
SCA Property Group acquired five shopping centres from Centuria Capital Group's subsidiary Prime West for $180 million. The portfolio, as part of two unlisted wholesale funds, comprises convenience-based shopping centres across the nation, including ...

Fossil fuel divestment bill passes California Senate

JAMIE WILLIAMSON  |  FRIDAY, 27 MAY 2022
... top 200 fossil fuel companies and require them to divest any existing holdings by 2030. The California Fossil Fuel Divestment Act passed through the state's Senate overnight and, if passed by the Assembly, will see the California Public Employees' ...

NGS to reduce emissions 35% in three years

RACHEL ALEMBAKIS  |  FRIDAY, 13 MAY 2022
... Squires said. As part of this strategy, NGS is flagging assets that the fund deems as a stranded asset for assessment and divestment. "Timing of divestment from these companies will vary, but we've committed to have no stranded assets in the portfolio ...

New director joins Rest board

CHLOE WALKER  |  TUESDAY, 3 MAY 2022
Rest has appointed a board d irector with extensive experience in corporate superannuation. Joanne Lester commenced as a director on 6 April 2022 as an employer representative nominated by the Australian Retailers Association. She had previously served ...

Iress halts divestment of UK mortgage business

ANDREW MCKEAN  |  TUESDAY, 12 APR 2022
Iress has announced that it will not proceed with the divestment of its UK mortgage business. This latest announcement contrasts plans previously outlined in the company's 2021 annual report to consider a sale of the mortgages business. It was originally ...