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Showing 971 - 980 of 2942 results for "L1 Group"

Pendal awards registry mandate

KANIKA SOOD  |  MONDAY, 18 MAY 2020
ASX-listed Pendal Group has picked a new unit registry provider for $19 billion in funds under administration across its Australian funds. Mainstream Group Holdings'Australian business has entered a five-plus-five-year agreement with Pendal to provide ...

Pendal's product pipeline for 2020

KANIKA SOOD  |  MONDAY, 11 MAY 2020
Pendal Group's seed capital spending for new funds was about 16% lower in the year ending March but the ASX-listed manager has fresh products in the works. At March end, Pendal had $199.7 million in total seed capital investments across 14 funds, down ...

Clime courts Madison Financial Group

KANIKA SOOD  |  MONDAY, 11 MAY 2020
Sydney's Clime Investment Management has emerged as a bidder for Madison Financial Group, which is currently in the process of being sold by OneVue. Madison, which is home to about 100 advisers, was previously owned by Sargon Capital but fell into ...

Former licensee head in new role

JAMIE WILLIAMSON  |  WEDNESDAY, 6 MAY 2020
The former managing director of a now-defunct dealer group has taken on a new leadership role at MLC. MLC has confirmed the appointment of Mark Fisher as general manager of Godfrey Pembroke and MLC Connect. Fisher wrapped up as general manager of Securitor ...

Pendal appoints new head of HNW distribution

KANIKA SOOD  |  MONDAY, 4 MAY 2020
A Sydney equities' boutique's chief executive has jumped to Pendal Group to work as its head of high net worth distribution. Lee Hopperton was most recently the chief executive and distribution head of value manager Auscap Asset Management in ...

Westpac to review business units

JAMIE WILLIAMSON  |  MONDAY, 4 MAY 2020
Westpac has determined several of its business units lack sufficient scale, including superannuation and investments, and is set to launch a review aimed at simplifying the group. Announcing results today, Westpac said it is establishing a new specialist ...

Property manager bolsters leadership team

ALLY SELBY  |  FRIDAY, 1 MAY 2020
An ASX-listed property manager has announced the appointment of an independent director and a fund manager, in a bid to drive value for investors. Eildon Capital Group has appointed Craig Treasure as an independent director and Laurence Parisi as a ...

Madison sale slated for May completion

KANIKA SOOD  |  WEDNESDAY, 29 APR 2020
OneVue is on track on complete the sale of dealer group Madison next month, the company said in quarterly update released this morning. OneVue took control of Madison Group in early February from Sargon Capital, as the ASX-listed companies tries to ...

Curtains fall for two financial services companies

ALLY SELBY  |  MONDAY, 27 APR 2020
The Federal Court of Australia has ordered two financial services companies to be wound up, with McGrathNicol appointed as the liquidator of both firms. ASIC applied to have both Audrn Group and Optima Lending Solutions wound up earlier this year, with ...

Top picks for dividends during COVID-19

KANIKA SOOD  |  THURSDAY, 16 APR 2020
UBS says the dividend dip in Australian stocks in the next year could be worse than the Global Financial Crisis, but six stocks are poised to pay good dividends. In 2008, dividends fell by $10.5 billion (or 28%) to $44.9 billion. But this time, dividends ...