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Showing 381 - 390 of 3451 results for "Stake"

Auditors tighten fist on greenwashing

ROSE MARY PETRASS  |  TUESDAY, 28 JAN 2025
The global ethics watchdog has issued fresh directives on judging green claims, with the minutiae still in flux in Australia as mandatory reporting begins for large entities and financial firms. Part of a broad crackdown on greenwashing and ESG-related ...

mFunds sparked ASX outage, $1m credit issued

KARREN VERGARA  |  FRIDAY, 24 JAN 2025
The ASX said the outage from last month largely stemmed from the now-defunct mFunds and will subsequently credit participants $1 million to make amends. While several circumstances led to the glitch, the ASX traced the root cause to the introduction ...

Scarcity Partners enlists former Ophir Asset Management chief

ANDREW MCKEAN  |  WEDNESDAY, 22 JAN 2025
... capital-raising initiatives while supporting the company's portfolio companies, such as January Capital - in which it acquired a 20% stake last month - to scale effectively. Scarcity Partners highlighted that his extensive experience in securing private ...

Australian Unity hires from Centuria

ELIZA BAVIN  |  WEDNESDAY, 22 JAN 2025
Australian Unity has appointed Vijitha Yogavaran to the newly created role of fund manager for its Healthcare Property Trust (AUHPT), effective 20 January 2025. Yogavaran will assume responsibility for the oversight, management and external representation ...

MA Financial readies first LIT for launch

MATTHEW WAI  |  MONDAY, 20 JAN 2025
MA Financial will soon launch its first listed investment trust (LIT), the MA Credit Income Trust (ASX:MA1). MA Financial has so far secured $171 million in commitments for MA1, which is expected to launch on the ASX on March 5. The fund is set to offer ...

GAM boosts local sales team

ELIZABETH FRY  |  THURSDAY, 16 JAN 2025
... equity trading and institutional sales at Barclay Pearce Capital and more recently he was a corporate relationship manager at Stake, the online broker. Kazal also served as a rifleman in the Australian Army Reserves for seven years. Finnell said the ...

Legalsuper hunts for CIO

ELIZABETH FRY  |  THURSDAY, 16 JAN 2025
Legalsuper is looking for a new investment chief, following the resignation of Paul Murray who departed the industry fund just nine months into the job. Chief executive Luke Symons confirmed that Murray resigned from the fund on 20 December 2024 for ...

FAAA accuses government of crucial CSLR failure

MATTHEW WAI  |  THURSDAY, 16 JAN 2025
The Financial Advice Association of Australia (FAAA) believes the government may have failed in its obligations when introducing the Compensation Scheme of Last Resort (CSLR) by skipping a key step. Following a review of documents the FAAA obtained ...

Macquarie AM splashes billions on Applied Digital Corporation

MATTHEW WAI  |  WEDNESDAY, 15 JAN 2025
... infrastructure. It recently acquired the Hanam Data Centre located in the greater Seoul area of South Korea, despite offloading its stake in AirTrunk through a mammoth deal that was worth over $24 billion. MAM senior managing director Anton Moldan said ...

Subscription EVs attract HESTA, IFM interest

JAMIE WILLIAMSON  |  WEDNESDAY, 15 JAN 2025
IFM Investors and HESTA, by way of its mandate with the former, will take a 49% stake in Splend Group, a provider of subscription electric vehicles. IFM Investors has made the investment via its Growth Partners Fund 2, with HESTA and others also investing ...