Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 81 - 90 of 906 results for %22ADM Capital%22

Another Aussie mandate for Apex Group

CHLOE WALKER  |  WEDNESDAY, 29 MAR 2023
... alongside trustee to the fund K2 Asset Management. Already this year, Apex Group has been appointed by local funds Yarra Capital Management and Capital Prudential. "Following the integration of Apex Group's acquisitions in Australia, we have continued ...

DASH lands venture capital investment

ANDREW MCKEAN  |  WEDNESDAY, 22 MAR 2023
DASH Technology Group has secured venture capital funding for an undisclosed amount from Australian firm Co:Act Capital. This investment aims to support DASH, formerly known as WealthO2, in advancing its technology, offering improved solutions to financial ...

GBST revamps wealth platform, unveils corporate rebrand

ANDREW MCKEAN  |  WEDNESDAY, 15 MAR 2023
... to a change of ownership, leaving it in a suspended state. In 2021, FNZ Group completed the sale of GBST to Anchorage Capital Partners, which focused on GBST's wealth management division and technology platform. Meanwhile, FNZ reacquired GBST's ...

HSBC bails out Silicon Valley Bank UK

CASSANDRA BALDINI  |  TUESDAY, 14 MAR 2023
HSBC has leapt to the rescue and purchased the embattled Silicon Valley Bank's (SVB) UK arm for a total sum of £1. The banking giant yesterday announced its UK ring-fenced subsidiary, HSBC UK Bank, would make the purchase, which excluded the assets ...

Senate inquiry to scrutinise proposed franking credit rules

ANDREW MCKEAN  |  THURSDAY, 9 MAR 2023
... Committee inquiry will scrutinise the government's proposed changes to franking credits, which target share buybacks and capital raisings. In February, assistant treasurer and minister for financial services Stephen Jones introduced the Treasury ...

Super tax break crackdown to hit $410bn in savings

ANDREW MCKEAN  |  WEDNESDAY, 1 MAR 2023
... accounts and unfunded superannuation, distortions in the market, impact on divorce settlements, and the tax treatment of capital gains under the new policy. As previously reported by Financial Standard, Shadow Treasurer Angus Taylor also critiqued the ...

Yarra Capital awards admin, custody mandate

CHLOE WALKER  |  THURSDAY, 23 FEB 2023
Apex Group has been appointed by Yarra Capital Management to support its new $100 million private capital fund. The Yarra Private Capital Discovery Fund, launched in October last year, is a diversified portfolio of holdings in high growth potential ...

Equity Trustees records solid 1H23 result

JAMIE WILLIAMSON  |  THURSDAY, 23 FEB 2023
... 6.4%, partially offset by adverse markets. It gained plenty of new business too, including funds from Hejaz, Coolabah Capital, Milford Australia and Octopus Australia. It currently has about 40 funds in the pipeline too, with expected launching in the ...

HUB24 grows FUA to $73bn

ANDREW MCKEAN  |  TUESDAY, 21 FEB 2023
HUB24 has reported strong results for 1H23, with the financial services provider's funds under administration (FUA) growing to $73 billion. Platform FUA increased to $55.8 billion while portfolio administration and reporting services (PARS) decreased ...

Former Big Un chief charged with insider trading

CASSANDRA BALDINI  |  WEDNESDAY, 15 FEB 2023
... $12,000, together with a $20 million funding arrangement with Finstro, a product of Sydney-based financier First Class Capital, which allowed customers to make this purchase on deferred payment terms. In 2017, Big Un was one of the top-performing shares ...