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Showing 241 - 250 of 4612 results for "Raise"

Super funds back $9.6bn homegrown platform

MATTHEW WAI  |  THURSDAY, 22 MAY 2025
... superannuation funds Hostplus and NGS Super, among other major investors, have contributed to a US$300 million ($466 million) capital raise for a Melbourne-found global financial platform. The two super funds were some of the lead investors in a Series ...

ASIC sues home loan manager over 'unlawful' hardship application handling

MATTHEW WAI  |  WEDNESDAY, 21 MAY 2025
The Australian Securities and Investments Commission (ASIC) has filed legal proceedings against Resimac, which manages non-bank loans provided by Perpetual Trustees, for failing to provide appropriate care in responding to hardship applications. Resimac ...

J.P. MAM slashes recession probability to 30%

KARREN VERGARA  |  TUESDAY, 20 MAY 2025
J.P. Morgan Asset Management has slashed the probability of a recession eventuating in 2025 in half to 30% amid relief from the latest tariff announcements, but it warns risks remain elevated. Last week, US President Donald Trump substantially lowered ...

Jarden Strengthens advisory team with Rothschild exec

ELIZABETH FRY  |  THURSDAY, 15 MAY 2025
Jarden has nabbed a Rothschild & Co heavyweight to further bolster its trans-Tasman strategic advisory business. Sam Prentice has joined the trans-Tasman stockbroker as a managing director. Jarden said he has been instrumental in building Rothschild's ...

Prime Super to change admin fees

ANDREW MCKEAN  |  MONDAY, 12 MAY 2025
Prime Super has announced changes to its administration fees and costs, which will take effect from 1 July 2025. For accumulation accounts, the fixed administration fee will decrease from $1.53 per week (subject to a 15% tax rebate) to $1.50 per week ...

US financial market dominance can't last indefinitely: MSCI

ANDREW MCKEAN  |  MONDAY, 12 MAY 2025
... speech at the Munich Security Conference, where he emphasised the Trump administration's view that Europe must materially raise its defence spending and shoulder more of its own security. "The response from European nations, Germany in particular ...

ASX outlines opportunities in listed markets amid IPO slump

MATTHEW WAI  |  FRIDAY, 9 MAY 2025
In response to a discussion paper published by the Australian Securities and Investments Commission (ASIC) in February, the Australian Securities Exchange (ASX) has outlined several opportunities to spike "global competitiveness" of Australia's ...

Franklin Templeton brings Lexington Partners PE fund down under

MATTHEW WAI  |  THURSDAY, 8 MAY 2025
... delivering "impactful" investment solutions. "Scale is a key advantage in the secondaries market, and Lexington's ability to raise substantial funds positions us strongly to pursue large, high-quality portfolio opportunities that are often out of ...

No US recession priced in yet: UniSuper

ELIZA BAVIN  |  FRIDAY, 2 MAY 2025
... those positions, and so all at once, everyone's trying to reduce risk - they're selling bonds. "The reason why I raise these bond moves, though, is that it really seemed to spook the Trump administration. "I actually think it was the instability ...

TWG Global takes stake in Mubadala Capital

JAMIE WILLIAMSON  |  FRIDAY, 2 MAY 2025
... anchor and lead a $15.6 billion (US$10bn) syndicated investment in TWG Global as part of a broader $23.4 (US$15bn) equity raise - proceeds of which will be used by TWG to "capitalise on its attractive set of proprietary investment opportunities." Meantime ...