ACQUISITION

Superannuation

The boards of Sydney Airport have recommended shareholders approve the 100% acquisition which will see security holders receive $8.75 per share....

Financial planning

CountPlus has announced the acquisition of Accurium from Challenger to expand its core service delivery to accounting firms and self-managed super funds. ...

Superannuation

The 100% acquisition is expected to accelerate HUB24’s platform strategy and consolidate the group’s position as a provider of integrated platforms, technology and data s...

Financial planning

AZ Next Generation Advisory has announced the acquisition of RI Newcastle and Lower Hunter in the New South Wales Hunter Region....

Financial planning

Since the acquisition of MLC, the firm has focused on organisational design which has resulted in its chief information officer leaving IOOF....

Funds management

The airport has received a third non-binding proposal from an IFM-led consortium for an acquisition and intends to grant the consortium due diligence. ...

Funds management

Pinnacle Investment Management has acquired third-party marketing and distribution firm, Winston Capital Partners, in a move to expand its retail distribution footprint. ...

Funds management

Acquisitions helped Macquarie Asset Management grow its assets under management by 22% but base fees and performance fees were both down during FY21....

SMSF

Class’ net profit after tax fell 46% after the firm offloaded its investment in managed account service, Philo Capital, and has acquired legal documentation software prov...

Funds management

Iress has been approached a third time by EQT Fund Management to acquire all its shares and its board intends to recommend that shareholders vote in favour of the proposa...

Financial planning

State Street is set to launch a private markets solution for institutional investors as it acquires solutions and data management provider Mercatus....

Funds management

Athene Holding has acquired a minority stake in Challenger for $720 million as part of its growth strategy....

Funds management

The investment and advisory firm is the 50th to be admitted while the Chi-X group looks to be acquired by Cboe Global Markets and J.C. Flowers and Co....

Funds management

IOOF’s bid to acquire MLC, including NULIS Nominees, has been approved by the prudential regulator, and is working towards a completion date of 31 May, 2021....

Financial planning

The accounting and financial advisory network has acquired Blue Harbour Financial Partners and Henderson Matusch Group....

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