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| | | Bennelong has welcomed its first client, Paragon IM, following the expansion of its trustee services offering in October last year. Bennelong Funds Management is now the responsible entity (RE) for the Paragon Australia Long Short Fund. The fund invests ... |
| | | | ... In April 2024, Centuria increased its investment in Centuria Bass to 80% from its original 50% stake, which was secured in mid-2021. This comes after Centuria Bass welcomed a new deputy chief executive on January 9. The former captain of the Wallabies ... |
| | | | ... providing to every household in Australia, and that's a good thing." Despite trimmed mean inflation still well above the RBA's mid-point target of 2.5%, HSBC chief economist Paul Bloxham said the data was still a positive start to the year. "Our overall ... |
| | | | ... quoted market cap at a current implied valuation of approximately $29 billion. The company is expected to commence trading in mid-February subject to implementation of its merger with Sigma," Posnett said. An analysis from the London Stock Exchange Group ... |
| | | | Macquarie Asset Management's Real Estate division (MAM RE) has invested in IDA - an Australian specialist real estate private credit and investment manager - via its Macquarie Real Estate Partners (MREP) fund. Under the deal, IDA founding partners ... |
| | | | Treasurer Jim Chalmers has called his government's mid-year economic fiscal outlook (MYEFO) a "responsible set of books" despite major budget deficits likely to continue for a decade. The MYEFO forecasted a budget deficit of $26.9 billion for 2024-25 ... |
| | | | ... trustees were given an 'amber' rating, meaning their frameworks were considered 'acceptable'. This included two platforms, four mid-sized funds, and two large funds, and represented 48% of the FUM and 8.6 million member accounts. However, eight trustees ... |
| | | | ... insights. The inquiries will run for 12 months, with preliminary recommendations for productivity-enhancing reforms due in mid-2025. The Productivity Commission will engage broadly and has already invited public engagement. |
| | | | David Bonderman, the co-founder of global alternatives investor TPG, passed away this week. Bonderman, affectionately known as 'Bondo' to many, was also founder of Wildcat Capital Management, the Bonderman family office, and owner of National Hockey ... |
| | | | Ares Management has launched a Private Market Fund (AUT), a locally domiciled unit trust to provide Australian wholesale clients access to Ares Private Markets Fund (AMPF) - as US registered management investment vehicle that's distributed through Ares' ... |
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