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Showing 281 - 290 of 3448 results for "Stake"

Soul Patts merges to create new $14bn company

ANDREW MCKEAN  |  MONDAY, 2 JUN 2025
... will receive one TopCo share for every Soul Patts share they hold as of the record date, maintaining their full ownership stake in the newly formed entity. Brickworks shareholders, meanwhile, will receive 0.82 TopCo shares for every Brickworks share ...

Regal Partners charts US expansion

JAMIE WILLIAMSON  |  FRIDAY, 30 MAY 2025
... Partners chief executive Brendan O'Connor spoke of the desire to expand further offshore. In 2023, Regal Partners acquired a stake in mining financer Taurus Funds Management. In doing so, it gained over 20 North American institutional clients. As a result ...

Aware Super beefs up sustainability team

ELIZABETH FRY  |  THURSDAY, 29 MAY 2025
High-profile ethics and impact manager Desiree Lucchese has joined Aware Super as the reporting manager for climate change and sustainability. In her new role, Lucchese will blend technical expertise with change management to serve as a liaison across ...

BlackRock to list its first active ETF in Australia

MATTHEW WAI  |  THURSDAY, 29 MAY 2025
... launch BlackRock's first active ETF in the Australian market." The new launch follows BlackRock recently acquiring a minority stake in Generation Development Group.

CFS awards global equities mandate

KARREN VERGARA  |  TUESDAY, 27 MAY 2025
... manager specialised in ASX stocks and is 100% owned by its employees. In 2018, Pacific Current Group (PAC) offloaded its stake in the Sydney-based manager, selling it to Celeste's founder and chief investment officer Frank Villante for $1.6 million. ...

Stake 'breaks barriers' with inaugural fixed income product

MATTHEW WAI  |  MONDAY, 26 MAY 2025
... an actively managed fund, targeting a return of 2% above the Reserve Bank of Australia's (RBA) cash rate. Launched today, Stake Accumulate is primarily invested in liquid, fixed income securities, but may also invest in a wide range of debt instruments ...

Centrepoint Alliance locks in hundreds of Brighter Super advice clients

ANDREW MCKEAN  |  FRIDAY, 23 MAY 2025
... Centrepoint finalised its acquisition timetable, Australian Wealth Advisors Group became a substantial holder with a 15.1% stake, holding over 30 million shares. On the same day, COG Financial Services completely exited its position in Centrepoint, offloading ...

Future Fund bags a piece of Transgrid

ANDREW MCKEAN  |  WEDNESDAY, 21 MAY 2025
Future Fund has acquired a 10% stake in energy transmission operator Transgrid from $155.5 billion Canadian pension fund OMERS. OMERS will retain a 10% stake in Transgrid, which it first invested in five years ago, and manage the Future Fund's stake ...

Nest drops $930m into new IFM Investors fund

JAMIE WILLIAMSON  |  WEDNESDAY, 21 MAY 2025
After taking a 10% stake in the investment giant, UK pension fund Nest will seed a new infrastructure debt fund from IFM Investors. Last month, Nest officially became IFM Investors' first international owner, now sitting alongside the existing 15 industry ...

AFCA looks to expand jurisdiction over receiving banks in scams

MATTHEW WAI  |  TUESDAY, 20 MAY 2025
The Australian Financial Complaints Authority (AFCA) is opening public consultation on a string of governance changes, with a key focus on expanding its jurisdiction to include receiving banks in scam complaints. Following an engagement with an external ...