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Showing 1 - 10 of 2962 results for "Control"

Atlas Arteria chair resigns as IFM offer deadline inches closer

RIDDHIMA TALWANI  |  TUESDAY, 30 JUN 2026
... shareholders in the toll-road operator will have to decide on the ownership of the firm. IFM Investors has been slowly creeping control over Atlas Arteria through on-market stock purchases, finally crossing the 50% ownership mark. This week as well ...

Super system to hit $12.4tn by 2045

VINNY VUCAGO  |  TUESDAY, 30 JUN 2026
... number of funds managing more than $100 billion expected to increase from 10 to 12. The top 25 APRA-regulated funds already control 97% of industry assets, while the top 10 account for almost three quarters of the market. "We expect that there will be ...

ASIC calls out platform trustees: 'Clear breach of trust'

RIDDHIMA TALWANI  |  MONDAY, 29 JUN 2026
ASIC has called out superannuation trustees for not doing enough to protect retirement savings of Australians on platforms even after repeated warnings from regulators about the dangers of poor oversight. ASIC's report Safeguarding super: How well are ...

FSC links active super choices to stronger retirement outcomes

VINNY VUCAGO  |  FRIDAY, 26 JUN 2026
... changes that could inadvertently reduce consumer choice. "Policy proposals that make it harder for Australians to exercise control over their superannuation will directly harm their financial wellbeing," he said. The report also challenges the perception ...

Generation Life confirms personal information leaked in cyber incident

MATTHEW WAI  |  THURSDAY, 25 JUN 2026
Generation Life has provided an update regarding a cyber incident that took place in April, confirming information of a "limited number" of individuals has been impacted. The business suffered a cyber incident that involved an unauthorised third-party ...

Sovereign wealth funds ramp up direct private investments

RIDDHIMA TALWANI  |  THURSDAY, 25 JUN 2026
... structure needed to coinvest alongside GPs or lead direct investments independently. Direct access gives SWFs tighter control over capital deployment, reduces fee leakage, and allows funds to retain a larger share of the value they help create," the ...

Kudu continues Australian expansion with fresh investment

MATTHEW WAI  |  THURSDAY, 25 JUN 2026
... support the firm's focus on expanding its footprint and service. "Kudu's minority investment allows us to retain control of our business while providing the capital and strategic support to accelerate our growth, particularly through acquisitions. ...

KPMG details action plan to address whistleblower probe

RIDDHIMA TALWANI  |  WEDNESDAY, 24 JUN 2026
KPMG has detailed a governance overhaul and action plan to address integrity issues across the firm after it admitted its treatment of a whistleblower and investigation into their allegations fell short. In effect to this, KPMG national chair Martin ...

IFM builds Atlas Arteria stake to majority

RIDDHIMA TALWANI  |  WEDNESDAY, 24 JUN 2026
IFM Investors has been slowly creeping control over Atlas Arteria through on-market stock purchases, finally crossing the 50% ownership mark. Last week, IFM had raised its stake in Atlas Arteria from 34.5% to 38.3%, just a day after it raised its offer ...

Kudu acquires minority stake in Drummond Capital Partners

MATTHEW WAI  |  MONDAY, 22 JUN 2026
New York's Kudu Investment Management has acquired a minority stake in boutique investment manager Drummond Capital Partners as it looks to expand scope across the domestic wealth management industry. Kudu's investment, although undisclosed, is structured ...
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