Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 271 - 280 of 3448 results for "Stake"

ASIC launches fresh inquiry into ASX

KARREN VERGARA  |  MONDAY, 16 JUN 2025
ASIC has launched another inquiry into the ASX, this time focusing on its overall governance, capability, risk management frameworks and practices. The inquiry will be led by a panel that will make recommendations to address any identified shortcomings ...

ASX offloads interest in Digital Asset

MATTHEW WAI  |  FRIDAY, 13 JUN 2025
... approximately $10 million on ASX's original acquisition cost. The ASX did not disclose who the purchaser was. The ASX acquired a stake in Digital Asset in 2016 as part of a partnership that allowed the platform to receive technology consultations including ...

Aware Real Estate names new chief

ELIZABETH FRY  |  THURSDAY, 12 JUN 2025
Aware Real Estate (ARE) has appointed Tracey Whitby as chief executive of the $2.5 billion property fund, effective June 1. Whitby had been serving as interim chief executive for the past six months. The property arm's chair Rod Fehring praised ...

State Street's plan for power, product, partnerships

ANDREW MCKEAN  |  TUESDAY, 10 JUN 2025
... that are well understood, given the volatile environment in which we're living," he said. Partnerships SSGA picked up a stake in micro-investing platform Raiz Invest last August, a move Anderson described as a demonstration of its commitment to working ...

Perpetual mulls tie up with Partners Group

KARREN VERGARA  |  TUESDAY, 10 JUN 2025
Perpetual is mulling a partnership with Partners Group's Australian arm to develop products and investment strategies for public and private assets. Signing a letter of intent, the two parties hope to collaborate on launching investment vehicles or ...

Link Wealth acquires boutique advice firm

ANDREW MCKEAN  |  FRIDAY, 6 JUN 2025
... expansion is continuing to progress, acquiring financial advice firm Xponential Advisory a few months after taking a majority stake in Sky Advisers. The acquisition will see the integration of more than 185 client families across Australia into Link ...

Aged care reforms pushed to November

JAMIE WILLIAMSON  |  THURSDAY, 5 JUN 2025
The government is delaying the implementation of the new Aged Care Act until November 1 following widespread concerns that stakeholders weren't given enough time to prepare. The new legislation was due to commence from 1 July 2025. Now, it will be effective ...

New Forests sees potential in Vietnamese timber

JAMIE WILLIAMSON  |  WEDNESDAY, 4 JUN 2025
... (TAFF2), New Forests has invested in Tavico Group. It is the fourth investment made by the fund, which also recently acquired a stake in Laos-based timber plantation company Burapha Agro-Forestry. Tavico was founded in 2005 as a log trader and sawn timber ...

Islamic finance industry association established

JAMIE WILLIAMSON  |  WEDNESDAY, 4 JUN 2025
The Islamic Finance and Investments Association (IFIA) will work to further Australia's nascent Islamic banking, finance and investments sector and Shariah compliant standards. Launched today, the IFIA is led by chief executive Chaaban Omran, the former ...

Stakeholders ask ASIC for tougher private markets regulation

KARREN VERGARA  |  WEDNESDAY, 4 JUN 2025
ASIC is facing growing pressure to up the ante on regulating private markets, particularly private credit, as key stakeholders fear offerings are becoming increasingly accessible to retail investors. In response to the inaugural discussion paper that ...