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Showing 1 - 10 of 62 results for "Mitsubishi UFJ"

First Sentier Investors chief executive steps down

JAMIE WILLIAMSON  |  WEDNESDAY, 2 JUL 2025
... Asset Management (CFSGAM) then but was later rebranded to First Sentier Investors following its acquisition by Mitsubishi UFJ Trust and Banking Corporation in 2019. At that time, Steinberg was permanently named in the lead role. Steinberg had rejoined ...

Insignia denies yet another takeover bid

ELIZA BAVIN  |  FRIDAY, 10 JAN 2025
... shareholder with a 12.5% stake, according to the 2024 annual report, followed by Hostplus with a 9.1% interest. Mitsubishi UFJ Financial Group and First Sentier Investors each hold an 8.3% interest. Australian Retirement Trust holds 8.2%, State Street ...

CC Capital Partners bids for Insignia

KARREN VERGARA  |  MONDAY, 6 JAN 2025
... largest shareholder with a 12.5% stake, according to the 2024 annual report, followed by Hostplus' 9.1% interest. Mitsubishi UFJ Financial Group and First Sentier Investors each have 8.3% interests. Australian Retirement Trust (8.2%), State Street ...

Bain Capital bids for Insignia Financial

KARREN VERGARA  |  FRIDAY, 13 DEC 2024
... shareholder with a 12.5% stake, according to the latest annual report, followed by Hostplus' 9.1% interest. Mitsubishi UFJ Financial Group and First Sentier Investors each have 8.3% interests. Australian Retirement Trust (8.2%), State Street (7.1%) ...

Seven fund managers scoop up First Sentier mandates

KARREN VERGARA  |  MONDAY, 20 MAY 2024
... FSI's AUM out of its total $238 billion (as at 31 December 2023), meaning about $14 billion will leave the firm. Mitsubishi UFJ Financial Group acquired FSI in 2019 for $4.2 billion. It was previously known as Colonial First State Global Asset Management ...

Link Group rebrands as acquisition completes

JAMIE WILLIAMSON  |  FRIDAY, 17 MAY 2024
... now be known as MUFG Pension and Market Services, following the implementation of the scheme of arrangement with Mitsubishi UFJ Trust and Banking Corporation, a subsidiary of Mitsubishi UFJ Financial Group. The business comprises two divisions, MUFG ...

Link shareholders approve takeover

ELIZA BAVIN  |  FRIDAY, 26 APR 2024
Link Group shareholders have voted in favour of the proposed acquisition by MUFG's subsidiary Mitsubishi UFJ Trust & Banking Corporation (The Trust Bank). MUFG made the $1.2 billion takeover bid in December last year. MUFG will pay $2.26 cash for every ...

First Sentier axes investment units, AUM takes $14bn hit

KARREN VERGARA  |  TUESDAY, 23 APR 2024
... decision was based upon our long-term view of financial materiality of these businesses," an FSI spokesperson said. Mitsubishi UFJ Financial Group acquired FSI in 2019 for $4.2 billion. It was previously known as Colonial First State Global Asset Management ...

Link, The Trust Bank progress acquisition

KARREN VERGARA  |  TUESDAY, 20 FEB 2024
Link Group is on track to become part of Mitsubishi UFJ Financial Group (The Trust Bank) by mid-2024, having kicked off work to integrate the businesses. In a trading update this morning, Link said it has filed all major regulatory approval submissions ...

Mitsubishi UFJ Financial Group to acquire Link Group

KARREN VERGARA  |  MONDAY, 18 DEC 2023
Mitsubishi UFJ Financial Group (MUFG) is set to pay $1.2 billion for Link Group. MUFG's subsidiary Mitsubishi UFJ Trust & Banking Corporation (The Trust Bank) parties signed the scheme implementation deed today that will pay $2.26 cash for every ...
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