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Mergers and Acquisitions

M&A

16 October 2017 • By Reporter • 1 min read

Managed accounts a ‘one-in-20-year’ transition

Advice firms are undergoing a once-in-a-generation shift away from the non-discretionary investment management embodied by traditional wrap platforms, ...

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Equity Trustees makes UK acquisition

Equity Trustees has acquired 60 per cent of London-based Treasury Capital, a provider of fund governance services. Equity Trustees has established ...

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Natixis takes majority stake in IML

Natixis Global Asset Management has acquired a majority ownership stake in Australian equities manager Investors Mutual ...

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IOOF completes acquisition of NAB trustee business

IOOF has announced that it has completed the acquisition of National Australia Trustees Limited via its Australian Executor Trustees Limited ...

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WA Super to merge with Concept One

Perth-based industry super funds WA Super and Concept One have announced their decision to merge, a transaction that will create a $3.2 billion ...

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Propertylink rejects Centuria takeover bid

Centuria Capital has failed in its first attempt to acquire Australian real estate investment trust (A-REIT) Propertylink. In an announcement to ...

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Life sale a ‘credit positive’ for CBA: Moody’s

The sale of CBA’s life insurance businesses will help strengthen the bank’s capital position as it prepares for the possibility of heavy fines from ...

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Impax acquires Pax World Management

UK-based sustainable investment manager Impax Asset Management has entered into an agreement to acquire US rival Pax World Management. Impax Asset ...

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Final bids received for CBA, ANZ assets

AIA and Zurich have emerged as the final bidders for CBA’s life insurance assets, while Metlife and Zurich are in the frame for ANZ’s wealth ...

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Netwealth to sell Bridgeport

Netwealth will sell its only remaining financial advice business, with the platform and managed accounts provider in advanced stages of negotiation ...

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