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Showing 71 - 80 of 117 results for ipo wealth

CBA mulls CFSGAM IPO, head of wealth departs

KARREN VERGARA  |  THURSDAY, 21 SEP 2017
... offices in New York, Hong Kong, London and Singapore. Separately, CBA also announced to the ASX its group executive of wealth management, Annabel Spring, will leave the bank in December. She will continue to lead the wealth management businesses, the ...

AIA acquires CBA life insurance businesses

JAMIE WILLIAMSON  |  THURSDAY, 21 SEP 2017
... from the Group, CBA also announced a strategic review of Colonial First State Global Asset Management, including a potential IPO, and the imminent departure of group executive, wealth management Annabel Spring.

Aussie hedge fund seeking $300m for retail IPO

ALEX BURKE  |  THURSDAY, 20 JUL 2017
... concentrated portfolio of global listed securities. VGI Partners was established in 2008 and to date has targeted the private wealth market; as above, it manages $1.1 billion for about 250 high-net-worth individuals, family offices and endowments. With ...

Powerwrap raises $19.4 million for growth

JAMIE WILLIAMSON  |  FRIDAY, 30 JUN 2017
... and other interested parties will see Powerwrap commence the next stage of its growth strategy, with the potential for an IPO later this year. Despite talk of a sale earlier in the year, the $6 billion platform undertook a capital raising through a private ...

Wealth firm lists on ASX with $7.3m IPO

ALEX BURKE  |  TUESDAY, 20 JUN 2017
... a range of services covering financial advice, accounting, tax compliance, family office, SMSFs and insurance. The firm's IPO was independently advised by Grant Samuel and Morgans acted as sole lead manager. "I founded [the business] in 2006 with a big ...

Trustee Partners crosses the ditch

JAMIE WILLIAMSON  |  FRIDAY, 19 MAY 2017
... individuals/families, private trusts, and charitable trusts in New Zealand, and holds about NZ$3.3 billion AUM. Complectus commenced an IPO process last year which saw interest from a number of trade and private equity organisations, with the offer from ...

Prospectus lodged for ethically screened LIC

EMMA RAPAPORT  |  MONDAY, 13 MAR 2017
... using its fund incubation business Ascalon Capital Managers, which owns one third of Morphic, to invest $5 million in the IPO. LIC pioneer Geoff Wilson will also invest $1.1 million and will be introducing MEC to shareholders in the Wilson Asset Management ...

Bravura continues to grow

JAMIE WILLIAMSON  |  TUESDAY, 28 FEB 2017
... administration solution. Overall, the group reported an operating EBITDA of $18.2 million over the six-month period, which exceeded the IPO prospectus forecast of $17.7 million. Bravura expects further investment in Sonata development to enhance its ...

Industry giant retires

EMMA RAPAPORT  |  THURSDAY, 9 FEB 2017
... 156th wealthiest Australian in 2015. Lambert was elected as chairman of Class in 2009, and led the company into its successful IPO in December 2015. The company today posted a 28% profit increase to $3.6 million in the first half of FY17, driven by a ...

Monash fund receives Lonsec rating

JAMIE WILLIAMSON  |  THURSDAY, 10 NOV 2016
... for advisers who manage direct holdings on behalf of their clients, where they recognise that shorting or investing in Pre-IPO stocks is more difficult for them to do," Fitzgerald said. The fund, which Monash intends to hard close at $500 million, is ...