Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 91 - 100 of 563 results for "Latter"

Plenary Group sells 49% stake to ADQ

KARREN VERGARA  |  MONDAY, 29 APR 2024
... Australian company. ADQ will inject funds into the $32 billion public infrastructure investor, developer, and manager as the latter ramps up its expansion in Australia, the Middle East, Asia, the UK, and Europe. Founded in 2004 by John O'Rourke, Ray ...

Sequoia chair steps down

KARREN VERGARA  |  FRIDAY, 19 APR 2024
... raised against Mr McGowen." On February 6, Sequoia sued McGowen in relation to its acquisition of Informed Investor from the latter and others pursuant to a share purchase deed dated 29 March 2022. "Sequoia alleges that Mr McGowen has breached various ...

ASIC extends ETF class order

KARREN VERGARA  |  TUESDAY, 19 MAR 2024
... ASIC Corporations (Relief to facilitate quotation of exchange traded funds on the AQUA Market) 13/721 ([CO 13/721]). The latter will sunset on April 1. The instrument extends the relief to issuers of all types of exchange traded funds (ETFs) and not ...

GQG builds private markets unit on PAC stakes

KARREN VERGARA  |  MONDAY, 18 MAR 2024
GQG Partners is launching a private markets business by acquiring Pacific Current Group's stakes in three fund managers operating in the asset class for US$71.25 million ($108.7bn). The foundations of GQG Private Capital Solutions (PCS) will comprise ...

Demand for ETFs set to persevere

KARREN VERGARA  |  FRIDAY, 15 MAR 2024
... Morningstar predicts the shift to ETFs and industry funds from active managers is likely to persist, particularly as the latter underperformed passive funds amid the market downturn. "While some funds were recently reallocated to active managers, flows ...

InvestSMART launches investing platform

ANDREW MCKEAN  |  THURSDAY, 7 MAR 2024
... their funds managed within three Rask investment portfolios through InvestSMART's professionally managed accounts. The latter is providing its back-end administrative, compliance, and technological platform. In an ASX announcement, InvestSMART anticipated ...

Iress share price jumps on takeover rumours

KARREN VERGARA  |  WEDNESDAY, 6 MAR 2024
... the AFR claiming US private equity investor Thoma Bravo is eyeing Iress sent investors into a tailspin, bumping up the latter's share price from $7.89 at 3:45pm yesterday, when the piece went online, to a high of $9.06 about 10 minutes later, forcing ...

Count completes Diverger acquisition

KARREN VERGARA  |  MONDAY, 4 MAR 2024
Count has finalised the acquisition of Diverger as the latter officially delists from the ASX today. The group now has 590 financial advisers and funds under advice (FUA) of $29.9 billion. Count chief executive Hugh Humphrey said: "An important strategic ...

Super assets reach $3.7tn

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2024
... 9.5%. Total contributions increased by 11.7% to $172.6 billion while benefit payments rose 21.5% to $111.1 billion. The latter was the result of lump sum payments rising by 26.3% to $63.2 billion and pension payments increasing by 15.7% to $47.9 bill ...

ASIC waves red flag at advisers, trustees over Choice products

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2024
... regulator said it will continue to work closely with APRA to drive better practices in the superannuation industry, noting the latter's stated focus on investment governance. It also said the quality of advice provided by advisers could improve and that ...