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Showing 1 - 10 of 364 results for "divestment"

Praemium names chair successor

MATTHEW WAI  |  MONDAY, 1 JUN 2026
... "Under his leadership, we have sharpened our high-net-worth strategy, executed key acquisitions and the successful divestment of the UK business, and strengthened our technology offering, delivering meaningful growth in earnings and market position. ...

Combating modern slavery difficult but not impossible: RIAA

KARREN VERGARA  |  MONDAY, 18 MAY 2026
While it might be challenging to construct a truly modern-slavery-risk free investment portfolio, it is not impossible, a sustainability expert says, who will help wealth managers combat such risks at next week's Responsible Investment Association ...

Macquarie Asset Management earnings soar to $2.6bn

KARREN VERGARA  |  FRIDAY, 8 MAY 2026
Macquarie Asset Management's (MAM) earnings soared to $2.6 billion largely driven by bumper performance fees charged on its private markets transactions. MAM's net profit jumped 27% in its full-year reporting period ending March thanks to private ...

Pacific Equity Partners makes unsolicited bid for oOh!media

RIDDHIMA TALWANI  |  WEDNESDAY, 29 APR 2026
Pacific Equity Partners (PEP) has made an unsolicited takeover bid to acquire oOh!media for $1.40 per share. That is a premium of 64.7% from its last closing prices of $0.85 and values the media firm at around $747million. oOh!media provides outdoor ...

Why advisers should enter world of exit planning

MATTHEW WAI  |  FRIDAY, 24 APR 2026
... on the market, which creates a great risk for those looking to fund their retirement with the proceeds of a business divestment. "Your business might be making up 60% or 70% of your net worth... I don't think there'll be an investment adviser on the ...

Sequoia offloads InterPrac in $50k fire sale

KARREN VERGARA  |  MONDAY, 23 MAR 2026
... involved whatsoever with the failures of the Shield and First Guardian funds has had a large bearing on Sequoia's divestment decision." Sequoia has already slashed $4.7 million in intangible assets relating to InterPrac, writing down the client list ...

Iress sticks to simplification plan, will consider "bona fide" takeover bids

RIDDHIMA TALWANI  |  WEDNESDAY, 25 FEB 2026
Iress is firmly focused on simplifying its software portfolio, centering it around wealth and trading and market data, while saying it will consider any bona fide takeover proposals consistent with its fiduciary duties. It has reported a profit of $79.3 ...

Centrepoint Alliance, Count see strong earnings growth

MATTHEW WAI  |  TUESDAY, 24 FEB 2026
... continued cost discipline, supporting sustainable earnings growth and improved earnings quality," it said. "The partial divestment of the non-core lending aggregation business sharpens Centrepoint's focus on advice and platform operations, while ...

Macquarie sees 'substantially' higher profits

ELIZA BAVIN  |  TUESDAY, 10 FEB 2026
... under management (AUM) reaching $736.1 billion. MAM said the increase was primarily driven by gains on the sale of its divestment of the North American and European public investments business to Nomura. In the investment banking division, Macquarie ...

Government to ask super funds to invest in defence infrastructure

JAMIE WILLIAMSON  |  FRIDAY, 6 FEB 2026
... was fit for purpose. There were 20 recommendations made in total, covering everything from legislative amendments and divestment to the adoption of more stringent accounting processes and consolidation. Among the recommendations, and one that has now ...
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