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Showing 291 - 300 of 3451 results for "Stake"

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 ...

Productivity Commission identifies priority reform areas

ELIZA BAVIN  |  MONDAY, 19 MAY 2025
... the enthusiasm and engagement continue. Productivity powers our living standards and quality of life and everyone has a stake in seeing it grow." Consultation on these reform areas will be open from May 19 through to June 6 on the PC website. The interim ...

Super funds covet more global equities: Research

KARREN VERGARA  |  MONDAY, 19 MAY 2025
Superannuation funds substantially upped holdings in global equities but scaled back on cash, as well as local fixed income and equities in the second half of 2024, new analysis from J.P. Morgan shows. The latest Super Fund Manager Radar note shows ...

Dexus accused of breaching confidentiality in airport stake sale

ANDREW MCKEAN  |  FRIDAY, 16 MAY 2025
Dexus, the trustee and manager of a 27% stake in Australia Pacific Airports Corporation (APAC) - the owner of Melbourne and Launceston airports - on behalf of various investors (the Dexus Bloc), is facing allegations from the APAC board of breaching ...

GPT Group partners to unlock $1bn in logistics opportunities

MATTHEW WAI  |  FRIDAY, 16 MAY 2025
... proceeds of around $410 million will be used to reduce gearing until re-invested, it added. Meanwhile, QuadReal's 80% stake is valued at $400 million. GPT's chief executive and managing director Russell Proutt said the alliance aligns with the ...

Hearts & Minds appoints operating chief

ELIZABETH FRY  |  THURSDAY, 15 MAY 2025
Hearts & Minds Investments has hired a chief operating officer, promoting from within. The six-year-old philanthropic listed investment company has announced the elevation of Maggie O'Neil to the position from head of marketing and operations. As ...

Citco secures powerful backer in global investment firm

ANDREW MCKEAN  |  WEDNESDAY, 14 MAY 2025
... operates across more than 30 countries, has partnered with Singapore's sovereign wealth fund GIC. GIC has taken a minority stake it Citco, while the founding Smeets Family retains its majority ownership. GIC managing director Girish Karira said Citco ...

Alvia scoops up majority stake in ice cream cone maker

ANDREW MCKEAN  |  FRIDAY, 9 MAY 2025
Alvia Asset Partners has acquired a majority stake in Altimate Foods, Australia's largest ice cream cone manufacturer, in partnership with the company's founding Rizzo family. According to Alvia, Australia's ice cream market has more than ...