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Showing 371 - 380 of 2371 results for "Majority"

Reserve Bank tipped to hike rates again

ANDREW MCKEAN  |  MONDAY, 6 JUN 2022
Economists have had their say about tomorrow's Reserve Bank of Australia (RBA) decision, the vast majority anticipate the central bank to jack up cash rates. A Finder survey has said that 86% of its expert panelists believe the cash rate will change ...

Cbus takes 10% stake in major wind project

CHLOE WALKER  |  THURSDAY, 2 JUN 2022
... Infrastructure Partners. The industry fund acquired the stake in Star of the South, Australia's largest offshore wind project majority owned by CIP via its flagship fund, CI IV. This is Cbus' first direct investment in offshore wind in Australia. Star ...

Former van Eyk chief executive pleads guilty

JAMIE WILLIAMSON  |  WEDNESDAY, 1 JUN 2022
... was no conflict of interest. It was determined that this was done to prevent a third-party investor from obtaining a majority shareholding in the company, thereby helping Thomas maintain control of the company and its activities. Just months later, the ...

AFCA adopts user pays funding model

CASSANDRA BALDINI  |  TUESDAY, 31 MAY 2022
Adopting a 'user pays' model, the Australian Financial Complaints Authority's new funding model will see the vast majority of financial services firms pay the same or less than they have previously. The new funding model follows extensive consultation ...

AGL abandons demerger, leadership resigns

CASSANDRA BALDINI  |  MONDAY, 30 MAY 2022
... failing to set Paris-aligned targets for the proposed demerged entities, the board of AGL ignored a fundamental demand of a majority of shareholders less than a year ago, and they've now paid the price." AGL said the board will review the company's ...

What the election result means for ESG

CASSANDRA BALDINI  |  FRIDAY, 27 MAY 2022
... portfolios. Chair of Frontier's responsible investment group Joey Alcock said whether the Albanese government can secure a majority of seats in the lower house or not, the message delivered on climate change importance is very clear. "We have been advocating ...

EQT reveals most popular fund launches

ANDREW MCKEAN  |  THURSDAY, 26 MAY 2022
... in the UK, 5% in New Zealand, 3% in Switzerland and 3% in Hong Kong. "When establishing master feeder structures, the majority of master funds were Luxembourg SICAVs (29%), followed by Cayman-registered funds (18%) and Delaware LLCs (11%). Beasley continued ...

Challenger details future strategy, plans JV

JAMIE WILLIAMSON  |  TUESDAY, 24 MAY 2022
... SimCorp to introduce an investment operations platform in Australia and the broader APAC region. Challenger will be a majority owner of the JV and the platform is expected to be operational by July 1. "The proposed joint venture will leverage the capabilities ...

IFM takes majority stake in Render Networks

ANDREW MCKEAN  |  WEDNESDAY, 11 MAY 2022
IFM Investors' private equity growth fund has spent $40 million to acquire a majority stake in construction management platform Render Networks. The growth funds investment in Render Networks keeps with its strategy to accelerate the growth of mid-market ...

Pendal sees profits rise, to focus on costs

JAMIE WILLIAMSON  |  TUESDAY, 10 MAY 2022
... $133.3 billion. The Australian and UK and Europe businesses only marginally attributed to the growth in FUM, with the vast majority coming from the US which saw its average FUM jump from $27.2 billion in 1H22 to $63 billion. Operating expenses also increased ...