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14 May 2020 • By Sarah Simpkins • 1 min read

QIC pilots state bid for Virgin

The Queensland government has indicated it will be bidding for embattled airline Virgin Australia through its state-owned fund manager. The ...

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Investment manager offloads Brisbane shopping centre stake for $285m

An investment manager has sold its 75 per cent interest in a Brisbane shopping centre for $285 million. YFG Shopping Centres has taken full ...

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Accounting, wealth firm acquires advice practice

An Adelaide-based accounting and wealth advisory firm has expanded its private wealth division following the purchase of a financial advice company

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CBA sells majority stake in CFS

CBA has indicated it will be selling a majority stake in its superannuation and investment business Colonial First State (CFS) for $1.7 ...

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Clime in acquisition talks for wealth group

Clime Investment Management has confirmed it is bidding for a wealth manager that was previously held by embattled fintech group Sargon Capital

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AMP cancels NZ wealth sale 

A major bank has dropped plans to divest its New Zealand wealth management business following the COVID-19 economic meltdown.  AMP has confirmed it ...

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IMB Bank completes merger with credit union

IMB Bank has completed its merger with a Newcastle-headquartered credit union, after the prudential regulator gave the deal the green light

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Morningstar acquires Sustainalytics

One of the leading providers of investment research has broadened its push into ESG analysis with a new acquisition. Morningstar has reached an ...

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Wealth group acquires regional planning business

Fiducian Group has moved to acquire a regional advice business and merge two of its Victorian offices, in a transaction that will add $56 million to ...

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IOOF shutters NZ business

IOOF has retired its Kiwi business, with its chief saying the move is part of the group’s greater simplification plan. The group has entered into ...

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