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Showing 961 - 970 of 3163 results for "Owner"

MLC Life Insurance raises $650 million

KANIKA SOOD  |  WEDNESDAY, 6 JAN 2021
The insurer received a $650 million capital injection just before Christmas, as its majority owner Nippon Life sees the risk of MLC Life's "stagnant" business performance continuing beyond 2021. The raise includes $530 million in ordinary equity, priced ...

Northern Trust wins First Sentier mandate

KANIKA SOOD  |  WEDNESDAY, 6 JAN 2021
The $219 billion global manager has appointed Northern Trust for middle-office outsourcing services, after it separated from Commonwealth Bank. First Sentier Investors' middle-office functions were handled by CBA subsidiary Colonial First State ...

MTAA Super awards scholarships

KANIKA SOOD  |  WEDNESDAY, 23 DEC 2020
The industry fund has awarded 15 scholarships to members and non-members to put towards further education in automotive and related industries. MTAA Super said the scholarships are worth up to $5000, with the total standing at $50,000 across 15 winners. ...

Super industry to branch out: Rice Warner

ELIZA BAVIN  |  WEDNESDAY, 23 DEC 2020
Over the next 15 years the Australian superannuation industry will evolve into a sophisticated and mature industry, according to Rice Warner's Superannuation Market Projections report. The new report takes a very positive view of the Australian super ...

Foreign investors face tip offs

ANNABELLE DICKSON  |  TUESDAY, 22 DEC 2020
The government has released a new compliance campaign to crack down on foreign investors purchasing residential property and ensuring they are abiding by the guidelines. The Tip Off campaign encourages people to send information to the tax office about ...

DomaCom partners for Sharia-compliant home loans

KANIKA SOOD  |  MONDAY, 21 DEC 2020
Fractional property investor DomaCom and Islamic wealth firm Crescent Group have entered a partnership to offer a new home finance product aimed at 700,000 Muslim Australians. DomaCom and Crescent Group have entered exclusive heads of agreement with ...

HUB24 finds new role for Paragem lead

ELIZA BAVIN  |  MONDAY, 21 DEC 2020
The current managing director of Paragem will be placed into a new role by HUB24 once the sale of the business is complete. Nathan Jacobsen will take on the new role of managing director of Easton Investments commencing at the completion of the sale ...

CountPlus firm completes tuck in acquisition

ANNABELLE DICKSON  |  MONDAY, 21 DEC 2020
... gross cash as well as a $25 million debt facility to fund investment in tuck-in acquisitions, business opportunities and owner, partner-driver growth opportunities. It recently acquired Freedom Accounting Group, CBD Wealth Solutions, Arch Capital and ...

Christian Super recognised for impact investing

ANNABELLE DICKSON  |  FRIDAY, 18 DEC 2020
The $1.8 billion fund has been named the impact asset owner of the year at the Australian Impact Investment Awards. The fund has a diverse impact portfolio approaching 10% of total assets, that spans a variety of sectors including sustainability, healthcare ...

Mantis to take over Copper Rock fund

KANIKA SOOD  |  FRIDAY, 18 DEC 2020
The new multi-boutique is expected to take over management of a $35 million global equities fund previously managed by Copper Rock. Mantis Funds Management is a nine-month-old business founded by head of research for Morphic Asset Management Timothy ...