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Showing 391 - 400 of 4543 results for "Holding"

HUB24 takes stake in Reach Alternatives

JAMIE WILLIAMSON  |  THURSDAY, 26 SEP 2024
HUB24 is entering a strategic alliance with Reach Alternatives, taking a minority holding in the private equity platform. Reach Alternatives provides access to institutional-grade private equity funds, curating and structuring them so non-institutional ...

Global X launches latest global equity ETF

MATTHEW WAI  |  THURSDAY, 26 SEP 2024
... Reasonable Price' ETF. The Global X S&P World Ex-Australia GARP ETF (GARP) tracks the S&P World ex Australia GARP Index, holding 250 companies, and charges a management fee of 0.30% per annum. GARP is the only broad global share index ETF in the Australian ...

Family office, KKR buy up regional Queensland airports

JAMIE WILLIAMSON  |  THURSDAY, 26 SEP 2024
... currently majority owned by TIF, which is managed by Macquarie Asset Management, ART, and State Super, with a combined 74.25% holding. The group has agreed to sell its stake to KKR and Skip Essential Infrastructure Fund, a fund set up by Skip Capital ...

Soul Patts sees profits slide 28%

ELIZA BAVIN  |  THURSDAY, 26 SEP 2024
Washington H. Soul Pattinson reported a drop in statutory net profit after tax from $609.7 million in FY23 to $498.8 million in FY24. The fall was attributed to lower profits from some of the group's major holdings in New Hope and Brickworks in its ...

Vanguard to pay $13m in greenwashing case brought by ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 25 SEP 2024
Vanguard will pay a $12.9 million fine after being found guilty of greenwashing earlier this year. It marks the largest penalty ever imposed by the Federal Court for such conduct. In March, the Federal Court found Vanguard misled investors via claims ...

Macquarie cops US$80m from SEC

KARREN VERGARA  |  FRIDAY, 20 SEP 2024
... lot CMO positions were marked at inflated prices. This resulted in MIMBT overstating the performance of client accounts holding the overvalued CMOs," the SEC said. Furthermore, MIMBT tried to minimise losses to redeeming investors by arranging cross ...

Growth of SMSFs, Div 296 opportunity for advisers

MATTHEW WAI  |  WEDNESDAY, 18 SEP 2024
... an additional tax of over $825 million collectively for its 16,531 high-balance members. Class said 36% of its members holding direct property assets will "find It difficult to meet additional tax obligations on these illiquid assets." Tim Steele, chief ...

Muzinich & Co. partners to launch infrastructure debt strategy

MATTHEW WAI  |  TUESDAY, 17 SEP 2024
Muzinich & Co. has announced its partnership with Hong Kong-based Orion3 Group to launch an Infrastructure and Real Assets Private Debt Strategy, with an initial focus on Australian opportunities. Orion3 is an investment platform formed with CK Asset ...

Growing super balances show more work to be done: ASFA

MATTHEW WAI  |  MONDAY, 16 SEP 2024
... balance was $146,146, with a median balance of $52,075. Women held around 43.4% of total superannuation assets, with men holding 56.6%. The share for women was up from 41.9% four years before, it said. ASFA chief executive Mary Delahunty said there needs ...

Lazard AM brings Japanese equities fund to Australia

MATTHEW WAI  |  THURSDAY, 12 SEP 2024
Lazard Asset Management has launched a Japanese equities fund to local investors. The Lazard Japanese Strategic Equity Fund invests in "undervalued" opportunities in Japanese equities, and aims to achieve a total return that exceeds that of the Tokyo ...