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Showing 831 - 840 of 3461 results for "Stake"

FPA membership declines, deficit materialises

ANDREW MCKEAN  |  THURSDAY, 3 NOV 2022
The Financial Planning Association of Australia's (FPA) membership has fallen to 10,954 members from 11,811 last year, and the association has recorded a before-tax deficit of $1.2 million for the year ended June 30. FPA member numbers decreased ...

ASIC welcomes second ASX market resilience consultation

CASSANDRA BALDINI  |  TUESDAY, 1 NOV 2022
ASIC has welcomed the latest ASX industry consultation on improving market resilience, following the exchange's outage in November 2020. The consultation paper covers potential future ASX capabilities to enhance market resilience, with submissions to ...

FPSB names new leader

CHLOE WALKER  |  FRIDAY, 28 OCT 2022
Former Financial Planning Association of Australia chief Dante De Gori has been named as the new head of the global Financial Planning Standards Board. The appointment is effective in January, following the departure of current chief executive Noel ...

Nuveen to acquire Arcmont Asset Management

ANDREW MCKEAN  |  FRIDAY, 28 OCT 2022
... transaction structure, the definitive agreement for Nuveen to acquire a controlling interest in Arcmont includes the minority stake held by Dyal Capital Partners IV. The transaction is expected to close in the first half of 2023, subject to Financial ...

KKR, Mubadala in $1.6bn APAC partnership

JAMIE WILLIAMSON  |  TUESDAY, 25 OCT 2022
KKR and sovereign investor Mubadala Investment Company are exploring private credit co-investment opportunities in the Asia Pacific region. The two entities have signed a strategic partnership aimed at deploying at least $1.58 billion (US$1bn) of capital ...

Industry surveyed for Asia Region Funds Passport review

JAMIE WILLIAMSON  |  TUESDAY, 25 OCT 2022
ASIC is inviting the managed funds industry to provide feedback on the Asia Region Funds Passport (ARFP) as part of its review. Stakeholders are being asked to complete a survey, aimed at gauging the level of industry interest and/or preparedness to ...

Jarden restructures, shuffles team

JAMIE WILLIAMSON  |  FRIDAY, 21 OCT 2022
Having grown at a faster rate than anticipated, Jarden has implemented a new business structure which has required several changes to its management team, including a new role for the chief executive. Jarden said it set itself a target in 2016 of quadrupling ...

Household Capital partners with Genworth

ANDREW MCKEAN  |  WEDNESDAY, 19 OCT 2022
Genworth Financial Mortgage Insurance has taken a 22% stake in home equity retirement funding provider Household Capital, concluding a $37.6 million series C capital raise. Speaking to Financial Standard, Household Capital chief executive Joshua Funder ...

UniSuper chair to step down

JAMIE WILLIAMSON  |  TUESDAY, 18 OCT 2022
Ian Martin will retire as chair of UniSuper at the end of the year, with an existing board director to replace him. Martin has been on the UniSuper board for close to a decade, the last five years of which were spent as chair. During that time the fund ...

Mirae Asset grows Australian alternatives team

CASSANDRA BALDINI  |  MONDAY, 10 OCT 2022
Mirae Asset Global Investments (Mirae Asset) named James McGrath director of alternative investment to strengthen its venture capital capabilities. McGrath will work across Mirae Asset's alternatives investments portfolio which specialises in real estate ...