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Showing 81 - 90 of 3675 results for "February"

Trade war intensifies: China, Canada respond to Trump's tariffs

ANDREW MCKEAN  |  WEDNESDAY, 5 MAR 2025
... Trump has moved forward with tariffs on Mexico and Canada while doubling the 10% tariff imposed on Chinese imports in February. Canada and China have introduced their own retaliatory measures, further escalating trade tensions. Canadian prime minister ...

Insignia Financial takes $53.5m profit hit

ELIZA BAVIN  |  TUESDAY, 4 MAR 2025
... offers and had given Bain Capital, CC Capital Partners, and Brookfield Asset Management's UK business until the end of February to lodge their final offers. The wealth manager has not provided an update around the potential takeovers yet.

Freezing order slapped on First Guardian Master Fund, Falcon Capital

KARREN VERGARA  |  MONDAY, 3 MAR 2025
... allow for a restructure of the master fund and its underlying funds." Investors have yet to access their money. In a February update to investors, the suspension remained as lifting it "remains contingent upon the receipt of significant contracted cash ...

GDG sees profits soar $74m

ELIZA BAVIN  |  FRIDAY, 28 FEB 2025
... year, contributing to a FUM increase of 27% to $3.8 billon. GDG announced it would acquire Evidentia at the beginning of February, for $320 million. It said the transaction would help grow its foothold in the managed accounts space. The transaction was ...

Platinum rolls out major leadership reshuffle

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2025
... Asset Management has unleashed a major reshuffle of its leadership team as it continues to focus on turnaround plans. In February 2024, Platinum announced a comprehensive turnaround program under the leadership of chief executive Jeff Peters. As part ...

Macquarie shutters 30-year-old fund

MATTHEW WAI  |  TUESDAY, 25 FEB 2025
... net proceeds of the termination will be calculated based on the unitholding in the fund as at the termination date on February 7. Macquarie believes the termination of the fund is "in the best interests of unitholders" and claims the process of the distribution ...

ASIC bans Brisbane-based financial services director

ELIZA BAVIN  |  TUESDAY, 25 FEB 2025
... financial services industry and is likely to contravene a financial services law. ASIC said the banning took effect from 19 February 2025 and was recorded on the Banned and Disqualified persons register. ASIC cancelled JB Markets' AFSL from 12 April ...

Perpetual calls off KKR deal

KARREN VERGARA  |  MONDAY, 24 FEB 2025
... finalise, Gregory Cooper will take over from Tony D'Aloisio as chair. Cooper, instead, will assume the role of chair on February 27 when 1H25 results are released.

Svava makes binding offer for Selfwealth, BFG given deadline to counter

MATTHEW WAI  |  MONDAY, 24 FEB 2025
... through a "matching rights process" before it can accept or recommend the Svava proposal. BFG is now given until 5:00pm on February 26 to "provide a counterproposal in response..., and Selfwealth will consider the counterproposal in accordance with the ...

Platinum staffers join Merlon Capital

ELIZABETH FRY  |  THURSDAY, 20 FEB 2025
... appointments come as Merlon takes over the distribution of its investment products direct to investors at the end of February. Last July, the firm bought out the minority stake in the business held by Fidante.