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Showing 21 - 30 of 364 results for "divestment"

Pacific Current FUM, earnings lower in FY25

KARREN VERGARA  |  TUESDAY, 26 AUG 2025
The exit of two boutiques has dented Pacific Current Group's (PAC) funds under management (FUM) by 29%, while another affiliate dragged the 2025 financial year with a $22.1 million impairment. Exits in Banner Oak Capital Partners and Carlisle Management ...

Vision Super divests G8 Education over abuse charges

JAMIE WILLIAMSON  |  MONDAY, 18 AUG 2025
... G8 Education on the back of the allegations. In notifying the member of the decision to divest, the fund noted: "Our divestment framework requires that we reassess decisions where the circumstances that led us to divest change, so the board will look ...

Norway sovereign wealth fund divests 11 Israeli companies, cuts mandates

KARREN VERGARA  |  TUESDAY, 12 AUG 2025
Norway's US$2 trillion sovereign wealth fund has severed ties with 11 Israeli companies and is in the process of terminating mandates with external managers based in Israel. The sovereign wealth fund's manager, Norges Bank Investment Management ...

Iress deputy chief made redundant, takeover talks confirmed

KARREN VERGARA  |  MONDAY, 11 AUG 2025
... Iress over the past two years, where he oversaw the turnaround of our UK business, a reset in APAC Wealth and led the divestment of Iress' Superannuation business. We wish Harry all the best for the future." Separately, Iress has addressed media speculation ...

Lederer Group bids for Elanor Commercial Property Fund

KARREN VERGARA  |  TUESDAY, 5 AUG 2025
... to support ECF. That meant it had participation in a new investment committee, which oversees material investment or divestment initiatives, "including major capital expenditure, and will make non-binding recommendations to the Responsible Entity in ...

Dexus rebuilds DWSF with $683m investment

ELIZA BAVIN  |  WEDNESDAY, 23 JUL 2025
... executive general manager, funds management Michael Sheffield said. In addition to the purchase, and consistent with its divestment program, Dexus also announced the sale of two properties with combined proceeds of $153.5 million, in which Dexus's share ...

Brookfield takes stake in Cromwell

KARREN VERGARA  |  TUESDAY, 22 JUL 2025
Brookfield will soon take over a 19.9% stake in Cromwell Property Group as ESR Group sells down its remaining stake. Cromwell confirmed to the ASX that Brookfield has signed a binding sale and purchase agreement to purchase the interest. This is subject ...

Elanor Investors courts suitors for possible takeover

JAMIE WILLIAMSON  |  WEDNESDAY, 2 JUL 2025
Elanor Investors is currently considering several offers, including potential takeovers, saying it has so far engaged with more than 15 interested parties as part of its strategic review. In a business update, the real estate fund manager said it is ...

Hollywood actors lobby pension fund to dump fossil fuels

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JUN 2025
... coal, oil and gas holdings. It notes that while many public and private pension funds the world over have committed to divestment, just 0.2% of current commitments are from cultural institutions. This includes from the Australian Academy of Science. ...

Iress completes sale of super business

MATTHEW WAI  |  MONDAY, 2 JUN 2025
... for up to 18 months in the transition of ownership, and highlighted there is no change to its FY25 guidance from the divestment. Iress Group chief executive and managing director Marcus Price said the offloading of the super business will help the company ...