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Showing 1 - 10 of 36 results for "CMA"

UK competition watchdog blocks merger

ANNABELLE DICKSON  |  THURSDAY, 6 AUG 2020
The Competition and Markets Authority (CMA) has blocked the merger of retail investment platforms FNZ and GBST due to fears of it leading to higher costs for investors. FNZ purchased GBST in November 2019 for £150 million. The merged businesses would ...

Macquarie cash offering soars

ALLY SELBY  |  FRIDAY, 17 APR 2020
... services head of payments and deposits, Olivia McArdle, said the bank decided to lift the interest rate on its cash management (CMA) accelerator account to 1.2% following the Reserve Bank of Australia's interest rate reduction. "Given the historical ...

Hayne report raises professionalism stakes

JAMIE WILLIAMSON  |  MONDAY, 11 FEB 2019
... legislated that you must be registered with one to practice and if you breach the code you can lose that registration," he says. CMA, however, is backed by the associations and is a wholly-owned subsidiary of the FPA, raising concerns of a potential ...

Advice associations combine for code monitoring

DARREN SNYDER  |  TUESDAY, 18 DEC 2018
... streamlined code monitoring solution for the financial advice profession." A special purpose company, Code Monitoring Australia (CMA), has been established for the purpose to operate the compliance scheme, which will be called the Financial Advisers ...

Property fund hires manager

KANIKA SOOD  |  WEDNESDAY, 5 DEC 2018
... $850 million Centuria Metropolitan real estate investment trust's fund manager. Nichols' appointment comes at a time when CMA is repositioning itself as an office property fund, shedding its industrial assets. Nichols stepped down from AOF on November ...

Property manager acquires $645m portfolio

KANIKA SOOD  |  WEDNESDAY, 10 OCT 2018
... to acquire a $645 million portfolio of office buildings in Melbourne, Sydney and Brisbane. The Centuria Metropolitan REIT (CMA) has entered into agreements with Hines Global REIT, in a transaction that swells parent Centuria Group's (CNI) assets under ...

Tenders on the menu for UK pension schemes

HARRISON WORLEY  |  TUESDAY, 24 JUL 2018
... ensure pension schemes pressure the market into providing the best value for members. The Competition and Markets Authority (CMA) is concerned competition problems exist within the UK's investment consultancy and fiduciary management markets. The regulator ...

REIT trust manager steps down

KANIKA SOOD  |  FRIDAY, 13 JUL 2018
... platform. Nicholas Blake is taking a leave of absence and will thereafter leave to pursue other opportunities. The REIT (ASX:CMA) has appointed Douglas Hoskins as the acting trust manager. Hoskins was the Centuria Urban REIT's trust manager before ...

Centuria bets on ex-CBD Sydney office building

KANIKA SOOD  |  MONDAY, 30 APR 2018
... kilometers away from the CBD, as it sees strong performance in the NSW metropolitan office market. The Centuria Metropolitan REIT (CMA) acquired 50% interest in the $172 million St Leonards property in December. Now, its wholesale capital partner The ...

Centuria Capital appoints Macquarie veteran to board

ALEX BURKE  |  WEDNESDAY, 6 DEC 2017
... remain as a director of Century Property Funds (CPF). CPF serves as the responsible entity for the Centuria Metropolitan REIT (CMA), which recently announced the acquisitions of two NSW metropolitan office assets for $119.1 million. Centuria said the ...
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