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Showing 1051 - 1060 of 3463 results for "Stake"

GQG to debut on ASX

KARREN VERGARA  |  FRIDAY, 8 OCT 2021
... ASX-listed multi-boutique Pacific Current Group (PAC), investing in a concentrated portfolio of global equities. PAC took a stake in GQG in 2016 for US$2.7 million, when chair and chief investment officer Rajiv Jain, and chief executive Tim Carver launched ...

Cannon-Brookes takes stake in fund manager

JAMIE WILLIAMSON  |  THURSDAY, 7 OCT 2021
The Atlassian co-founder has taken an equity stake in a local impact investment firm. Grok Ventures, the family office of Mike and Annie Cannon-Brookes, now owns a minority stake in Melior Investment Management, the local impact investment house founded ...

Family office makes crypto play

ELIZABETH MCARTHUR  |  WEDNESDAY, 6 OCT 2021
The Smorgon family office has taken a stake in a cryptocurrency investment platform. The Victor Smorgon Group (VSG) has taken an equity stake in crypto asset investment platform Zerocap. Zerocap has plans to be a significant full service advisory and ...

AustralianSuper makes first local digital infra deal

JAMIE WILLIAMSON  |  TUESDAY, 5 OCT 2021
... job. In what is its first digital infrastructure investment in Australia, the nation's largest super fund has taken a 70% stake in Australia Tower Network (ATN), comprising over 2300 national towers and rooftop sites. The deal was done in partnership ...

Tiger Global to launch technology fund

JAMIE WILLIAMSON  |  MONDAY, 27 SEP 2021
... public and private companies, Tiger Global has backed several local tech startups to date, including online stockbroker Stake. It has also invested in payments fintech Scalapay and success story Canva, which is now valued at a cool $55 billion.

Federated Hermes releases strategy globally

ANNABELLE DICKSON  |  THURSDAY, 23 SEP 2021
... development for its international business Harriet Steel said. In 2018, Federated Investors paid $440 million for a majority stake in Hermes Investment Management.

NZ Super Fund adds to board

KARREN VERGARA  |  WEDNESDAY, 22 SEP 2021
The former chief investment officer of Insurance Australia Group will join the board of the $57 billion New Zealand Super Fund. David McClatchy starts his five-year term on the board from October 1. McClatchy relocates to New Zealand following a series ...

Higher premiums a problem, not a trend: AFA

ANNABELLE DICKSON  |  TUESDAY, 21 SEP 2021
The increase in life insurance premiums over the last few years are a problem that needs to be fixed rather than recognising it as a trend, according to AIA's chief executive. Speaking on a panel at the Association of Financial Advisers national conference ...

BlackRock warns against reforms based on assumptions

JAMIE WILLIAMSON  |  TUESDAY, 21 SEP 2021
... portfolio as they often only manage and have visibility of a portion. "For example, suppose a superannuation fund has a stake in fund A and another stake in fund B. If A and B are funds from different fund managers, the manager of A will likely not know ...

New super fund prepares for launch

ELIZABETH MCARTHUR  |  TUESDAY, 21 SEP 2021
... funding round, with the promise of a financial adviser friendly superannuation solution. Crescent Wealth has acquired an 8% stake in Tomorrow Super and has become the firm's maiden white label platform client. Tomorrow Super was founded by former BT ...