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Showing 1101 - 1110 of 3464 results for "Stake"

Government releases final YFYS regulations

KANIKA SOOD  |  FRIDAY, 6 AUG 2021
The government yesterday registered the final regulations for Your Future, Your Super reforms. The bill passed the Parliament on June 17. The regulations have sharpened the methodology for annual performance tests, which it says will incentivise underperforming ...

Redpoint launches equity income fund

KARREN VERGARA  |  WEDNESDAY, 4 AUG 2021
... selection, ESG sustainability and tax awareness within one risk managed portfolio," Cappetta said. Fund manager GSFM has a 49% stake in Redpoint; the latter has the remaining share. GSFM chief executive Damien McIntyre said the new fund will provide ...

IFM blames "unfounded" class action for Tandem worries

KANIKA SOOD  |  FRIDAY, 30 JUL 2021
... founded in 2010 and provided contractors to telecommunications, media and utilities sectors. IFM Investors bought a 50% stake in 2016, replacing private equity investor Ironbridge. At the time, the company claimed $500 million in annual turnover. Earlier ...

Frontier welcomes family office specialist

JAMIE WILLIAMSON  |  THURSDAY, 29 JUL 2021
The asset consultant is adding a new senior consultant to boost the firm's family office knowledge. Meirine Giggins is joining Frontier's growing 'non-super' business, bringing over two decades of experience working with family offices and endowment ...

Superhero launches super offering

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 JUL 2021
... institutional investors, Perennial Investment Management, Regal Funds Management and Thorney Investment Group, take up a stake in the fintech. And, in July 2021, it launched $0 brokerage US trading.

CommIF ups hospital stake

ELIZABETH MCARTHUR  |  MONDAY, 26 JUL 2021
After swatting off three takeover bids, the AMP Capital Community Infrastructure Fund (CommIF) has increased its stake in Royal Adelaide Hospital. AMP Capital acquired an additional 9.95% in the Royal Adelaide Hospital on behalf of CommIF, taking its ...

Modern slavery obligations fall by the wayside: ACSI

KARREN VERGARA  |  WEDNESDAY, 21 JUL 2021
Despite pledging to do more to help vulnerable workers, Australia's top 200 public companies are falling short on their modern slavery obligations. According to a new study by the Australian Council of Superannuation Investors, major companies are ...

Jennison hires head of ESG

ELIZABETH MCARTHUR  |  MONDAY, 19 JUL 2021
Active equities and fixed income manager Jennison has hired a head of ESG strategy. Guillaume Mascotto steps into the role, based in New York, reporting to head of product and strategy Peter Clark. Jennison is an affiliate manager of PGIM, the global ...

ROA relief guidance released

KARREN VERGARA  |  FRIDAY, 16 JUL 2021
ASIC and the Financial Adviser Standards and Ethics Authority have provided further guidance on how advisers can use Records of Advice to make the most of the temporary measure. The corporate regulator and FASEA said the guidance and case study they ...

Ian Silk to leave AustralianSuper

KARREN VERGARA  |  TUESDAY, 13 JUL 2021
The chief executive of Australia's biggest superannuation fund AustralianSuper will step down before the end of the year. Having led the fund since its creation on 1 July 2006, Ian Silk is set to leave the super fund at the end of this year. Chief ...