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Showing 11 - 20 of 2964 results for "Control"

IFM builds Atlas Arteria stake to majority

RIDDHIMA TALWANI  |  WEDNESDAY, 24 JUN 2026
IFM Investors has been slowly creeping control over Atlas Arteria through on-market stock purchases, finally crossing the 50% ownership mark. Last week, IFM had raised its stake in Atlas Arteria from 34.5% to 38.3%, just a day after it raised its offer ...

Kudu acquires minority stake in Drummond Capital Partners

MATTHEW WAI  |  MONDAY, 22 JUN 2026
New York's Kudu Investment Management has acquired a minority stake in boutique investment manager Drummond Capital Partners as it looks to expand scope across the domestic wealth management industry. Kudu's investment, although undisclosed, is structured ...

HSBC Bank fined $35m in landmark scam-protection failures

KARREN VERGARA  |  FRIDAY, 19 JUN 2026
HSBC Bank Australia has been hit with a $35 million penalty after admitting to widespread and systemic failures in protecting customers from scams. Following a Federal Court hearing in Melbourne on June 18, Justice Bennett handed down the penalty and ...

APRA embeds geopolitical risks management ground rules

KARREN VERGARA  |  THURSDAY, 18 JUN 2026
APRA has inserted geopolitical risks into its regulatory priorities, expecting superannuation trustees to manage it well, as their traditional risk frameworks may no longer be adequate in the current environment. Penning a letter to super funds and ...

Soul Patts to pocket $1.89bn from Brickworks divestment

VINNY VUCAGO  |  THURSDAY, 18 JUN 2026
... The deal follows the completion of the combination between Soul Patts and Brickworks, which triggered certain change of control rights held by Goodman and GAIP under longstanding joint venture arrangements. Despite the divestment, Soul Patts will maintain ...

IFM raises Atlas Arteria's bid, urges shareholders to accept

RIDDHIMA TALWANI  |  MONDAY, 15 JUN 2026
... IFM's offer. "The offer is too low and materially undervalues Atlas Arteria. IFM is not paying an appropriate premium for control," Atlas Arteria said. The new offer falls short of independent expert Kroll's valuation, which placed the global toll ...

Imprisoned fraudster's wife banned by ASIC

MATTHEW WAI  |  MONDAY, 15 JUN 2026
ASIC has disqualified Shashikumari Agrawal (Mrs Agrawal), the wife of the imprisoned director Krishnakumar Agrawal (Mr Agrawal), from managing corporations for five years due to her role in the collapsed Mansa Group. Mrs Agrawal and Mr Agrawal were ...

Product showcase: Reframing financial advice

THE FINANCIAL STANDARD TEAM  |  MONDAY, 15 JUN 2026
... a real risk. "We're seeing a lot of clients who want to transfer wealth discreetly, with clear rules. They want to control how income is paid to the next generation, or to a charity, and they want it to occur outside the estate to reduce the likelihood ...

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 ...

FCA pursues Neil Woodford again

KARREN VERGARA  |  THURSDAY, 11 JUN 2026
... According to LinkedIn, W4.0 is "a new kind of investment platform" for "long-term investors who want clarity, confidence, and control." "We give you direct access to research-led investment strategies, with full transparency and personal control. You ...