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Showing 1 - 10 of 29 results for "Finclear"

Magellan to merge with Barrenjoey for $906m

KARREN VERGARA  |  MONDAY, 2 MAR 2026
... providing corporate finance, fixed income, equities, research and investment management. With a 16% and 29% stake in FinClear Holdings and Vinva Investment Management respectively, Magellan said the two companies will continue to operate independently ...

Vinva, Barrenjoey buoy Magellan's earnings

KARREN VERGARA  |  WEDNESDAY, 20 AUG 2025
... Global Market (ADGM). Magellan has 36% and 29% ownership in Barrenjoey and Vinva respectively. It also has a 16% stake in FinClear. The Australian equities business, Airlie Funds Management, delivered positive absolute returns in its Airlie Australian ...

FCX granted 'historic' market licence by ASIC, RBA

ANDREW MCKEAN  |  TUESDAY, 8 OCT 2024
FinClear subsidiary FCX, a platform for facilitating private market secondary transactions, has been granted a "first-of-its-kind" Australian Market Licence and Clearing Settlement Facility Licence by ASIC and the Reserve Bank of Australia (RBA). The ...

Australia requires swifter settlement cycle: SIAA

KARREN VERGARA  |  WEDNESDAY, 15 MAY 2024
... transition will be costly and disruptive and divert resources and funds from other projects including the CHESS replacement. FinClear chief executive and managing director David Ferrall, who was also on the panel, made a bold prediction of Australia ...

Magellan names Rahmani as new chief, reports NPAT lift

JAMIE WILLIAMSON  |  THURSDAY, 15 FEB 2024
... under management to $5.1 billion in the half. Elsewhere, its 36% stake in Barrenjoey Capital Partners and 16% interest in FinClear delivered a post-tax gain of $3.1 million - an impressive turnaround from the after-tax loss of $8.1 million in the prior ...

Industry high flyers join JANA board

ELIZABETH FRY  |  MONDAY, 11 SEP 2023
... Genroe and KPMG. In addition to joining the JANA board, Ah Hee also serves as a non-executive director on the board of FinClear and is on the FCX Advisory Board, She has worked for Rainmaker, CoreLogic International and KPMG. JANA chair Fiona Dunn welcomed ...

Magellan performance halves across the board

KARREN VERGARA  |  FRIDAY, 18 AUG 2023
... Group's funds under management and profit drastically decline, its investments in Barrenjoey Capital Partners and FinClear also took a toll on its 2023 financial year performance. The group's average funds under management almost halved to $48.8 ...

FinClear buys cash investment platform

JAMIE WILLIAMSON  |  TUESDAY, 1 AUG 2023
Adding to its growing suite of services, FinClear acquired Transact1, a cash investment solution used by both wholesale and institutional investors. FinClear said it is capitalising on growing demand for cash investment products, saying Transact1 positions ...

FinClear partners with trading platform

KARREN VERGARA  |  WEDNESDAY, 14 JUN 2023
FinClear has won a mandate to provide third-party clearing and trade support services to a global trading platform that recently hit Australian shores. Webull, which has soft launched in Australia, is a market participant of the ASX and Cboe Australia. ...

Datt Capital lashes board nominees

JAMIE WILLIAMSON  |  THURSDAY, 5 MAY 2022
... requisitioning shareholders are Nicholas Kephala and Andrew Ward. Datt Capital notes that Ward recently sold a venture to FinClear and that Spork is currently a responsible manager of APP Securities - both companies being competitors to Selfwealth. Datt ...
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