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Showing 21 - 30 of 516 results for "Public Offer"

ASX outlines opportunities in listed markets amid IPO slump

MATTHEW WAI  |  FRIDAY, 9 MAY 2025
In response to a discussion paper published by the Australian Securities and Investments Commission (ASIC) in February, the Australian Securities Exchange (ASX) has outlined several opportunities to spike "global competitiveness" of Australia's ...

Clime awarded $183m mandate from US firm

ELIZA BAVIN  |  THURSDAY, 1 MAY 2025
... management has been awarded a $183 million (US$117 million) mandate as the primary manager of a pending US domiciled public offer fund by Sphinx Investments. Subject to regulatory approval, Sphinx will allocate $183 million (US$117 million), and subject ...

Apex wins $7bn super admin mandate

KARREN VERGARA  |  FRIDAY, 4 APR 2025
... second quarter of this year. Diversa is the trustee of several of APRA-regulated superannuation funds via an extended public offer licence. These include retail master trusts, corporate funds including defined benefits, platforms or wraps, pooled superannuation ...

AustralianSuper bins WiseTech stake

ANDREW MCKEAN  |  THURSDAY, 27 MAR 2025
AustralianSuper has sold down the remainder of its already-trimmed WiseTech stake, alluding to concerns about how the company is handling its founder Richard White's role. The super fund held roughly $700 million in WiseTech shares, about 2.26% ...

Super fund consolidation to accelerate: Mercer

ANDREW MCKEAN  |  THURSDAY, 20 MAR 2025
... industry, public sector, and corporate are becoming "less relevant." "Funds have expanded their operations to become public offer, target wider member demographics, and reposition their business strategies to support these ambitions," Mercer said. "Our ...

WAM Active returns 30%, beats indices

KARREN VERGARA  |  WEDNESDAY, 28 AUG 2024
Listed investment company (LIC) WAM Active (WAA) returned nearly 30% p.a. to unitholders, trumping its benchmarks in the last financial year. WAA beat its reference indices S&P/ASX All Ordinaries Accumulation Index by 13.3% and the Bloomberg AusBond ...

Heartland finally gets regulatory approval for Challenger Bank acquisition

ELIZA BAVIN  |  MONDAY, 8 APR 2024
... banking business in December 2021 for $35 million after Catholic Super partnered with Equipsuper under an extended public offer in 2019. At the time, Challenger chief executive Richard Howes said the firm had considered an ADI licence for two years and ...

AvSuper prepares members for merger, fee changes

KARREN VERGARA  |  FRIDAY, 22 MAR 2024
... administration, and insurance fees increase. AvSuper will join the $280 billion ART with its 2.3 million members on May 1. Public offer members will see administration costs change from $0.50 per week plus 0.19% p.a. of the account balance to $1.20 per ...

Super SA names chief executive

JAMIE WILLIAMSON  |  WEDNESDAY, 20 MAR 2024
... role since December 2017, including a contract extension to see through the embedding of Fund Selection and Limited Public Offer.

NGS Super to debut retirement income product

KARREN VERGARA  |  MONDAY, 11 SEP 2023
... capital growth. It aims to achieve a net return 4% above CPI per annum over rolling 10-year periods. The fund, which is public offer, has a large membership base that work in the education and care sectors. Some 70% of members are women. "Our members ...