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Showing 881 - 890 of 4556 results for "Holding"

AMP officially exits life market

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 NOV 2021
... equity interest in Resolution Life, AMP has officially exited the life insurance business. AMP today divested its 19.13% holding in Resolution Life for $524 million. The sale of this holding completes AMP's exit from its life insurance business ...

Montaka Global inks new distribution deal

ELIZABETH MCARTHUR  |  TUESDAY, 2 NOV 2021
... high-quality manager to the intermediary market here in Australia will benefit our clients and Montaka will become a core holding in many Australians' portfolios for years to come."

Pitcher Partners names Adelaide lead

ANNABELLE DICKSON  |  TUESDAY, 2 NOV 2021
... employee experience and enhancing the client experience. Commenting on her role, Murphy-Nakkash said: "After years of holding global and national roles, I made a conscious decision to find a locally based role where I can be part of building a great ...

Newcastle advice firm joins Count Financial

KARREN VERGARA  |  THURSDAY, 28 OCT 2021
A Newcastle-based financial advice firm is the latest to join the Count Financial network. Serendipity Wealth Advisors launched in February 2021 by directors Christine Lusher and Norma Samson. The duo worked together early in their careers. Lusher previously ...

CFS joins firms in net zero alignment

ANNABELLE DICKSON  |  THURSDAY, 28 OCT 2021
As the COP26 summit approaches Colonial First State (CFS), the NZ Super Fund and Goldman Sachs have announced their commitment to net zero initiatives. CFS announced its alignment to the goals of the Paris Agreement and is committing to net zero emissions ...

BOQ divests St Andrew's Insurance

KARREN VERGARA  |  WEDNESDAY, 27 OCT 2021
Bank of Queensland will offload St Andrew's Insurance for $23 million after receiving approval from APRA. BOQ announced on 14 October 2020 that it entered into an agreement with Farmcove Investment Holdings to sell St Andrew's subject to APRA's ...

Fed to ban policymakers stock, bond trading

JAMIE WILLIAMSON  |  FRIDAY, 22 OCT 2021
... Federal Reserve is restricting the investing activities of policymakers and senior staff, including banning them from holding or trading individual stocks and bonds. Following a review and recent scandal, the Federal Reserve has moved to prohibit the ...

NAB adds to board

ANNABELLE DICKSON  |  WEDNESDAY, 20 OCT 2021
The big four bank appointed the former chief executive and founder of Vocus Communications as a non-executive director. James Spenceley founded Vocus Communications in 2007, which was recently acquired by Macquarie Infrastructure and Real Assets for ...

Global pension fund backs Aussie renewables

JAMIE WILLIAMSON  |  MONDAY, 18 OCT 2021
The infrastructure business of a major Canadian pension fund has acquired 49% of a local renewable energy platform. OMERS Infrastructure, part of the Ontario Municipal Employees Retirement System, has purchased a 49% interest in FRV Australia from Fotowatio ...

Macquarie leads Aussie managers in global ranking

KARREN VERGARA  |  MONDAY, 18 OCT 2021
... global scale, BlackRock (US$8.7tn) retained its position as the largest asset manager, followed by Vanguard (US$7.1tn) holding its second-place position for the seventh consecutive year. The top 500 collectively have US$119.5 trillion, an increase of ...