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M&A

11 October 2019 • By James Mitchell • 1 min read

Perennial execs to acquire remaining IOOF stake

Boutique fund manager Perennial Value announced today that its senior executives plan to acquire the remaining 42.4 percent interest in the business ...

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‘Exodus’: Fund managers ditch Aussie banks

Global fund managers are ditching their Australian bank holdings in droves amid regulatory concerns, remediation costs and record-low rates

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$16bn mega deal puts Australia at top of M&A tables

The $16 billion acquisition of Carlton & United Breweries by Japan’s Asahi caused the value of Australian outbound corporate deal making to surge ...

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BlackRock backs active ETF scrutiny

BlackRock has welcomed ASIC’s clamping down on actively managed exchange-traded funds, with the asset management giant saying it has held back from ...

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Neobanks don’t need to disrupt the majors to have staying power

Addressing the Future Banking Forum on Wednesday, APRA general manager Melisande Waterford said that neobanks could have a positive impact on the ...

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Aussie millennials mean, not green, when investing

Millennials are prioritising returns over ethical causes, according to a new report from Calastone. The report – Millennials and Investing – found ...

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New chair of SMSF Association announced

The SMSF Association has announced a new chair after its predecessor was appointed to the government’s new Retirement Income Review panel

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Legg Mason picks APAC head

Legg Mason Australia and New Zealand boss Andy Sowerby will be taking a new expanded role of head of Asia Pacific (ex-Japan), as the firm seeks to ...

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Former Macquarie CIO joins Cashwerkz board

Cashwerkz has appointed former Macquarie chief investment officer and head of innovation Craig Swanger to its board. Mr Swanger is already an ...

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Former Westpac CTO joins fintech advisory board

Former Westpac chief technology officer Robert Wilson has taken a seat on the global advisory board of digital payments firm Verrency. Mr Wilson ...

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