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Showing 221 - 230 of 3453 results for "Stake"

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 ...

ART raises stake in Tabcorp

ELIZA BAVIN  |  WEDNESDAY, 20 AUG 2025
Australian Retirement Trust (ART) has become a substantial shareholder of Tabcorp, now owning 5.072% of shares, representing a 0.02% overweight position based on ART's portfolio construction. Yesterday, Tabcorp disclosed that the super fund had ...

Euroz Hartleys in 'early stage' talks with big investor

KARREN VERGARA  |  WEDNESDAY, 20 AUG 2025
... it is in the "early stages" of discussions with the Bank of Montreal (BMO) for the latter to potentially make a strategic stake in the Perth-based financial services company. Addressing an AFR article published on August 19, which stated that the Canadian ...

Vinva, Barrenjoey buoy Magellan's earnings

KARREN VERGARA  |  WEDNESDAY, 20 AUG 2025
... Abu Dhabi Global Market (ADGM). Magellan has 36% and 29% ownership in Barrenjoey and Vinva respectively. It also has a 16% stake in FinClear. The Australian equities business, Airlie Funds Management, delivered positive absolute returns in its Airlie ...

Fidante loses $11.4bn in insto money

KARREN VERGARA  |  TUESDAY, 19 AUG 2025
... investment administration and custody services to State Street. During the period, TAL Dai-ichi Life Australia took a 15% stake in Challenger. On June 17, TAL Dai-ichi Life flagged its intention to purchase an additional 4.8% interest in Challenger from ...

ASX revenues, profits increase amid scrutiny

MATTHEW WAI  |  FRIDAY, 15 AUG 2025
The ASX recorded $1.12 billion in operating revenue in the 12 months to 30 June 2025, a 7.3% surge from the previous corresponding period. Underlying net profit after tax (NPAT) grew 7.5% to $510 million, while statutory NPAT recorded a lower growth ...