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Showing 261 - 270 of 13551 results for "PROP"

Musk's $106bn fundamental-defying IPO lands on Nasdaq

RIDDHIMA TALWANI  |  FRIDAY, 12 JUN 2026
SpaceX has raised US$75 billion ($106.8bn) in the biggest-ever stock market debut, valuing Elon Musk's rocket and satellite company at US$1.77 trillion. It floated 555 million shares at a price of US$135 per share. "The valuation being ascribed ...

Janus Henderson builds AI for investment teams

RIDDHIMA TALWANI  |  FRIDAY, 12 JUN 2026
Janus Henderson is building an artificial intelligence (AI) research management tool LIBROS for its investment teams in collaboration with Percepta, an enterprise AI transformation company. Powered by Claude, the tool will help the investment team's ...

Investors pile into income ETFs amid upcoming tax changes

VINNY VUCAGO  |  FRIDAY, 12 JUN 2026
Australian investors are increasingly turning to income focused exchange traded funds (ETFs) as proposed changes to capital gains tax (CGT) sharpen the focus on after tax returns, according to new data from Global X ETFs. The ETF provider's latest monthly ...

AustralianSuper exec takes on chief executive role

ELIZA BAVIN  |  THURSDAY, 11 JUN 2026
AustralianSuper head of real assets Nick O'Neil has been named the incoming chief executive and managing director of Lendlease, effective 10 September 2026. Lendlease chair John Gillam said O'Neil is a highly experienced executive with over ...

Invesco launches new equity fund

ELIZA BAVIN  |  THURSDAY, 11 JUN 2026
Invesco has launched the Invesco Global Enhanced Equity Fund, with the aim of providing Australian investors access to a systematic global equity strategy with a 20-year track record and more than $16 billion in assets under management globally. Invesco ...

Knight Frank names QLD head of asset management services

RIDDHIMA TALWANI  |  THURSDAY, 11 JUN 2026
Knight Frank has promoted Angie Sheppard as the head of asset management services (AMS) for Queensland more than a year after she joined the global property consultancy in the role of director and head of business operations Queensland. She comes with ...

Former APRA deputy chair launches retirement solutions startup

KARREN VERGARA  |  THURSDAY, 11 JUN 2026
A former APRA deputy chair has launched CipherIQ, a new venture that provides retirement solutions via account-based pensions in partnership with superannuation funds, financial advisers and retirees. Ian Laughlin, serving as chair, works alongside ...

Accounting sector rejects shifting CSLR costs to SMSFs

VINNY VUCAGO  |  THURSDAY, 11 JUN 2026
Australia's major accounting bodies have urged Treasury to reconsider proposals that would shift Compensation Scheme of Last Resort (CSLR) funding costs onto self-managed superannuation funds (SMSFs), warning the move would unfairly penalise investors ...

Franklin Templeton launches two active ETFs in Australia

RIDDHIMA TALWANI  |  WEDNESDAY, 10 JUN 2026
Franklin Templeton has launched two new active ETFs on the ASX, the Franklin Global Systematic Equity Fund Active ETF (FGSE) and the Western Asset Enhanced Income Fund Active ETF (FEIF). This brings its total local active ETF range to nine products. ...

BlackRock expands active ETF range

VINNY VUCAGO  |  WEDNESDAY, 10 JUN 2026
BlackRock is set to expand its Australian ETF range with the launch of the iShares World Equity High Income Complex ETF (ASX: WYNC), an actively managed strategy targeting investors seeking both income and broad global equity exposure. The new fund ...