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Showing 11 - 20 of 3478 results for "Stake"

First Guardian victims recoup 8% of $38m loan

KARREN VERGARA  |  FRIDAY, 3 JUL 2026
Victims of the First Guardian Master Fund will only recoup $2.9 million out of a $38.3 million loan made by responsible entity Falcon Capital, according to liquidators who said the amount represents a realistic commercial value compared to alternative ...

ARK Invest awards local distribution mandate

KARREN VERGARA  |  FRIDAY, 3 JUL 2026
... where she managed over US$5 billion. In August 2017, Nikko Asset Management (now Amova Asset Management) acquired a small stake in ARK Investment Management and launched a separately managed account shortly after in Australia. Muzinich & Co. recently ...

Final report into Life Code makes 85 recommendations

MATTHEW WAI  |  WEDNESDAY, 1 JUL 2026
The final report of an independent review of the Life Insurance Code of Practice (Life Code) has been finalised, proposing some 85 recommendations across aspects of mental health, customer vulnerability, claims handling, and sales practices. The review ...

Atlas Arteria chair resigns as IFM offer deadline inches closer

RIDDHIMA TALWANI  |  TUESDAY, 30 JUN 2026
... finally crossing the 50% ownership mark. This week as well, it acquired additional shares in Atlas Arteria, taking its total stake in the firm to 55.2%. However, having additional stake in the firm does not give it voting power to take full ownership ...

Lendlease divests from UK build-to-rent asset

RIDDHIMA TALWANI  |  FRIDAY, 26 JUN 2026
... lifecycle, including delivering liquidity, returns and growth opportunities. Yesterday, Lendlease also divested its 25% stake in Keyton, Australia's largest owner and operator of retirement villages, to Aware Super. This month, Lendlease named AustralianSuper ...

Aware Super ups stake in retirement village asset

RIDDHIMA TALWANI  |  THURSDAY, 25 JUN 2026
Aware Super has increased its ownership in Keyton, Australia's largest owner and operator of retirement villages, to 75% by acquiring Lendlease's interest of 25.1%. Aware Super acquired its initial interest of 49.9% in Keyton in 2021 and 2022. Alongside ...

Kudu continues Australian expansion with fresh investment

MATTHEW WAI  |  THURSDAY, 25 JUN 2026
Kudu Investment Management has acquired a minority stake in a Sydney-based financial advisory business mere days after an identical transaction with Drummond Capital Partners. Australian Financial Planning Group (AFPG) has secured a minority investment ...

IFM builds Atlas Arteria stake to majority

RIDDHIMA TALWANI  |  WEDNESDAY, 24 JUN 2026
... 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 price for the toll road operator to $5.10 per security. ...

OKX Australia leadership changes hands

MATTHEW WAI  |  TUESDAY, 23 JUN 2026
After nearly two years at the helm, OKX Australia chief executive Kate Cooper is stepping down from the top job. Making the announcement on LinkedIn, Cooper said she will formally transition out of the role on June 26. Cooper was the first appointed ...

ASIC charges developer over alleged $10m fraud

VINNY VUCAGO  |  TUESDAY, 23 JUN 2026
... ASIC, the funds were allegedly used to acquire an Aston Martin luxury vehicle, cryptocurrency assets, a pub in Whyalla, a stake in a Seychelles-based litigation funder and a luxury apartment in Surfers Paradise purchased for his wife. ASIC further alleged ...