HUB24 and Easton complete Paragem transaction
One of the central pillars of HUB24’s acquisition and growth strategy has been completed, with Easton Investments announcing that the Paragem acquisition is complete.
The Easton Investments announcement to the Australian Securities Exchange (ASX) came at the same time as Paragem founder, Ian Knox, confirmed he had stepped down as non-executive chair of the company. Knox remains as non-executive chair of Lonsec.
Easton’s announcement said the technology partnership and distribution agreement between it and HUB24 was now in place as “as framework to explore software development projects”.
Easton also announced that former Snowball founder and current HUB24 non-executive director, Tony McDonald would be nominated to the Easton board as the first of two new non-executive directors to be nominated by HUB24.
Recommended for you
Fund managers may be operating in a squeezed environment, but a salary guide shows they are willing to pay up for specialist talent to diversify their fund range.
Reach Alternative Investments has entered into a strategic partnership with Russell Investments to bolster its wholesale private markets offering for financial advisers and investors.
Boutique investment consulting and research house Genium Investment Partners has announced a senior appointment to drive further growth in its research ratings business.
Nuveen has appointed a global head of estate, a successor to Chris McGibbon who steps down after almost 25 years.
