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18 April 2018 • By • 1 min read

Private equity outfit acquires Madison

Non-bank licensee Madison Financial Group has been acquired by a private equity start-up with links to foreign capital, after current owner PHAROS ...

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BOQ offloads insurance business

Bank of Queensland has sold its St Andrews Insurance business to Freedom Insurance Group for $65 million. The Queensland-based bank announced in a ...

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Vanguard launches two active ETFs

Vanguard has launched two active factor exchange traded funds which have already begun trading on the ASX. According to a statement, Vanguard said ...

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CBA announces CFSGAM IPO

The Commonwealth Bank of Australia has confirmed it will list wealth management subsidiary Colonial First State Global Asset Management (CFSGAM) on ...

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Netwealth sells remaining Pathway assets

Financial services software provider IRESS has bought the last elements of Pathway from Netwealth. IRESS acquired what remains of the Pathway ...

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QIC wins $550 million mandate

Industry superannuation fund REST has awarded diversified investment firm QIC with a $550 million private equity mandate. In a statement, QIC ...

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SMSF Association founder advises fund manager

Boutique fund manager Private Portfolio Managers has appointed SMSF Association founder Andrea Slattery as advisor to its board. According to a ...

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‘Fees for no service’ under the spotlight

Ten days of royal commission hearings kicked off yesterday, with the fraudulent practice of advice businesses charging ‘fees for no service’ ...

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Paragem co-founder appointed Lonsec CEO

Lonsec Holdings has appointed former Paragem Australia co-founder Charlie Haynes as its new group chief executive officer. In a statement, Lonsec ...

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LGIAsuper appoints new chief executive

Industry fund LGIAsuper has appointed former McKinsey & Company senior implementation leader Kate Farrar as its new chief executive

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