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Showing 1301 - 1310 of 3465 results for "Stake"

Investors welcome Rio resignations

ELIZA BAVIN  |  FRIDAY, 11 SEP 2020
Chief executive of Rio Tinto, Jean-Sebastien Jacques, will step down following pressure from investors and indigenous leaders over the destruction of the Juukan Gorge in May. Rio Tinto said the decision was made following the board review of the company's ...

ISPT writes down assets

JAMIE WILLIAMSON  |  THURSDAY, 10 SEP 2020
Industry Super Property Trust has spoken of the substantial devaluations a recent review of its holdings resulted in, as it processes about 1400 requests for rental relief. Appearing before the House of Representatives Standing Committee on Economics ...

360 Capital succeeds in LIC raid

KANIKA SOOD  |  THURSDAY, 10 SEP 2020
Fresh off the back of buying an 18.3% stake in Evans Dixon, 360 Capital has tallied up another victory as unitholders of a credit LIC it tried to take over voted in its favour. Unitholders of the Australian Enhanced Income Fund (AYF) yesterday afternoon ...

Tom Waterhouse now a fund manager

KANIKA SOOD  |  THURSDAY, 10 SEP 2020
The horse racing scion is touting a managed fund that invests in gambling companies to wholesale investors. Waterhouse VCs gambling takes long-term stakes in listed and unlisted businesses related to gambling, focusing on three themes: dominant scale ...

ASIC delays RG97 again

KARREN VERGARA  |  THURSDAY, 10 SEP 2020
The corporate regulator is delaying RG97 fee and disclosure requirements for two years as a result of COVID-19. ASIC said it is pushing back the timeframe when superannuation funds and managed investment product issuers are required to update their ...

First State Super makes first take-private bid

ALLY SELBY  |  WEDNESDAY, 9 SEP 2020
... previously been involved in take privates in the past, but as part of a consortium with an investment manager. This includes a stake in another fibre optic network provider LBNCo, which it owned via a consortium headed by ROC Partners, a Sydney-based ...

AZ NGA makes acquisition

ELIZABETH MCARTHUR  |  WEDNESDAY, 9 SEP 2020
AZ NGA has acquired a wealth management firm in Melbourne as it signals plans to expand in Victoria. AZ NGA made a strategic investment in Matthews Steer Accountants and Advisors, a firm established in 1990 with six partners and 50 staff. "In Melbourne's ...

It's not a bird or a plane; it's a new trading platform

ALLY SELBY  |  MONDAY, 7 SEP 2020
... for generations to come". Other than Superhero, Sanlam's affiliates include Stockspot (online ETF investment adviser), Stake (trading platform allowing Australians and Kiwis to trade US stocks) and Maqro Capital, a stockmarket research and advisory ...

Former IFM executive joins KKR

KARREN VERGARA  |  MONDAY, 7 SEP 2020
... of credit for KKR Australia, and former QIC principal Andrew Jennings as a director of infrastructure. It acquired a 55% stake in Colonial First State in May for $1.7 billion. Bookmyer commented Hyde brings significant experience that will help KKR further ...

Trawalla Capital appoints head of distribution

KANIKA SOOD  |  FRIDAY, 4 SEP 2020
The investment management arm of Alan and Carol Schwartz's family office has hired BMO's local head of institutional distribution. Jonathan Goll will lead the local distribution for Trawalla-backed Asian equities boutique Stonehorn Capital Partners ...