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Showing 211 - 220 of 3448 results for "Stake"

Super funds test cybersecurity resilience

KARREN VERGARA  |  WEDNESDAY, 3 SEP 2025
Still reeling from the coordinated cyberattack in April, superannuation funds will test their cybersecurity resilience and see what lessons they have learned under a drill provided by the Gateway Network Governance Body (GNGB). Taking place on Thursday ...

TCorp chief executive retires, successor named

ELIZA BAVIN  |  MONDAY, 1 SEP 2025
After 10 years of leadership, David Deverall will be retiring as TCorp's chief executive on 4 December 2025. Deverall will be succeeded by TCorp general manager, financial markets Rob Kenna, effective from 5 December 2025. Kenna is responsible for ...

Government scraps inquiry into advice firm failures, Dixon Advisory

JAMIE WILLIAMSON  |  FRIDAY, 29 AUG 2025
The government has dumped the inquiry into wealth management companies that would have dissected the collapse of firms like Dixon Advisory and the impact on the Compensation Scheme of Last Resort (CSLR). In September 2024, the government referred the ...

Perennial Partners takes stake in boutique fund manager

MATTHEW WAI  |  THURSDAY, 28 AUG 2025
Perennial Partners has acquired a 50% stake in Ziller Funds Management, aiming to further develop its flagship Ziller Global Fund, which achieved a 64.1% return in the 12 months to July. The Ziller Global Fund was established in November 2022 and invests ...

Invesco sells intelliflo to Carlyle Group

KARREN VERGARA  |  WEDNESDAY, 27 AUG 2025
... provide $240 million of debt financing to Tellus Holdings, an environmental services company. Carlyle recently divested its stake in Calastone, selling to SS&C Technologies Holdings for nearly $1.6 billion.

Pacific Current FUM, earnings lower in FY25

KARREN VERGARA  |  TUESDAY, 26 AUG 2025
... Management Company to NASDAQ-listed alternatives asset manager Abacus Life. Partial divestments include a 55% sale of its equity stake in Victoria Park Capital Advisors' (VPC) management company and 22% of 24.9% future carried interest entitlements in ...

AustralianSuper executive joins SMC

MATTHEW WAI  |  TUESDAY, 26 AUG 2025
A former AustralianSuper executive has joined the Super Members Council (SMC) to strengthen its policy development for the superannuation sector. Nick Coates has commenced in the role of executive general manager policy reform and regulation. He was ...

Regal sees inflows rise 120% to $1.9bn

ELIZA BAVIN  |  MONDAY, 25 AUG 2025
... in driving growth." O'Connor added that he was pleased with Regal's partnership with Ark Capital. Regal purchased a 50% stake of the specialist hotel investment and asset management first in June for $3 million. "During the half we were delighted to ...

Chalmers confirms super performance test changes are coming

ELIZA BAVIN  |  FRIDAY, 22 AUG 2025
... ASFA chief executive Mary Delahunty said. "Regulation isn't 'set and forget' and shouldn't be when members' returns are at stake. In a fast-evolving investment landscape it's appropriate that there is due examination of whether the regulation fits the ...

Equity Trustees FUM tops $254bn

ELIZA BAVIN  |  THURSDAY, 21 AUG 2025
Equity Trustees saw funds under administration and supervision (FUMAS) rise 28% to $254 billion in FY25. In addition, revenue rose 7% to $182.5 million, statutory net profit after tax rose 60.4% to $33.2 million, and underlying net profit before tax ...