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Mergers and Acquisitions

M&A

31 May 2018 • By Tim Stewart • 1 min read

Aviva sells RE multi-manager business

Aviva Investors has sold its real estate multi-manager business and its interest in European property fund Encore+ to LaSalle Investment Management

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Macquarie reduces stake in Yellow Brick Road

Macquarie has reduced its stake in financial services firm Yellow Brick Road from 18 per cent to 5 per cent. Yellow Brick Road revealed in a ...

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Deutsche bullish on wealth management

The announcement of 7,000 job cuts and a significant financial loss will not deter Deutsche Bank from its global strategy to increase its wealth ...

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Macquarie restructures to target HNWs

Macquarie will merge its private bank and private wealth divisions as part of a renewed focus on high-net-worth clients, resulting in some advisers ...

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NAB reveals post-sale MLC strategy

NAB will continue to refer its clients to MLC advisers once the wealth management business is divested via public sale, says chief customer officer ...

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NAB confirms MLC sale

NAB has confirmed it will exit its wealth management businesses operating under the MLC brands by the end of the 2019 calendar year. In its ...

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Royal commission hears NAB sale ambitions

Evidence tabled before the royal commission has confirmed that the National Australia Bank is considering selling its financial advice assets

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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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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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NGS Super and QIEC Super announce merger

Industry super funds NGS Super and QIEC Super have announced a merger that will see them form a superannuation fund with $10.3 billion FUM and 125,000 ...

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