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Showing 391 - 400 of 28982 results for "PRI"

Lowy family takes stake in Magellan

KARREN VERGARA  |  TUESDAY, 10 MAR 2026
The Lowy family has acquired a 5.1% stake in Magellan Financial Group via its trust Oryxium. Oryxium splashed $79 million across 9.35 million securities in Magellan to become a substantial shareholder. The major stake comes after Magellan announced ...

Brisbane financial adviser appears in court on dishonesty charges

RIDDHIMA TALWANI  |  TUESDAY, 10 MAR 2026
Brisbane financial adviser Sunny Mahendra Prakash appeared in the city's Magistrates Court on March 6 to face multiple charges of dishonesty offences. Prakash is a director of Principal Financial Services, Self-Managed Super, Provest Enterprises, and ...

US alternative lender launches $250m income fund

MATTHEW WAI  |  TUESDAY, 10 MAR 2026
A California-based private credit firm has strengthened its Australian presence with the launch of a new income fund, targeting later-stage technology companies with strong commitments from investors exceeding $250 million. Partners for Growth has launched ...

Former MWL Financial adviser banned for six years

ELIZA BAVIN  |  TUESDAY, 10 MAR 2026
ASIC has banned Melbourne-based financial adviser Raluca Terheci from providing financial services, controlling an entity that carries on a financial services business or performing any function involved in the carrying on of a financial services business ...

Betashares invests in AUD-backed stablecoin

ELIZA BAVIN  |  TUESDAY, 10 MAR 2026
Betashares has made a minority strategic investment in Macropod - a licensed issuer of an Australian dollar-backed stablecoin. Betashares made the investment alongside global and regional digital asset companies, including Galaxy Digital, Flowdesk ...

BlackRock caps outflows on US$27bn private credit fund

KARREN VERGARA  |  MONDAY, 9 MAR 2026
BlackRock has capped redemptions on its private credit fund HPS Corporate Lending Fund (HLEND), imposing the 5% limit after investors sought to yank out US$1.2 billion. Subsidiary HPS Investments Partners, which BlackRock acquired in 2024 for US$12 ...

IFM maps path for super funds to meet US infrastructure funding gap

RIDDHIMA TALWANI  |  MONDAY, 9 MAR 2026
IFM Investors has released a policy blueprint Revitalising US infrastructure: The pension capital advantage, to help bridge the gap in US infrastructure funding with investments from Australian superannuation funds. This comes on the back of Australian ...

ASX loses $100bn as Iran war escalates

ELIZA BAVIN  |  MONDAY, 9 MAR 2026
The ASX 200 saw around $100 billion wiped at the open as the war in Iran continues to escalate. Oil prices have surged more than 20% due to disruptions in the Strait of Hormuz; a critical checkpoint for the world's oil supply. Betashares chief economist ...

ASX rebalance sees DigiCo exit top 200

ELIZA BAVIN  |  MONDAY, 9 MAR 2026
S&P Global has released the March S&P/ASX 200 Index rebalance seeing DigiCo drop out of the top 200. As part of the March rebalance, Pinnacle, Netwealth and Lendlease have dropped out of the S&P/ASX 100. This comes after HMC Capital - the parent company ...

QIC expands private debt exposure in European infrastructure

RIDDHIMA TALWANI  |  MONDAY, 9 MAR 2026
QIC will invest EUR30 million ($49.6m) in French aerial emergency services provider SAF Aerogroup, growing its presence in the European infrastructure debt market. SAF Aerogroup provides mission-critical aerial emergency medical, firefighting and humanitarian ...