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Showing 391 - 400 of 3451 results for "Stake"

AustralianSuper aims to five-fold $1.4bn Euro venture in five years

MATTHEW WAI  |  TUESDAY, 14 JAN 2025
AustralianSuper has acquired a 50% stake in Oxford Properties Group's $1.4 billion European industrial and logistics portfolio, with the partnership to target up to $7.5 billion worth of high-quality warehouses over the next three to five years. The ...

Bennelong secures first trustee mandate

ELIZA BAVIN  |  TUESDAY, 14 JAN 2025
Bennelong has welcomed its first client, Paragon IM, following the expansion of its trustee services offering in October last year. Bennelong Funds Management is now the responsible entity (RE) for the Paragon Australia Long Short Fund. The fund invests ...

UBS injects $100m into Centuria Bass

ELIZA BAVIN  |  MONDAY, 13 JAN 2025
... our deep investor network." In April 2024, Centuria increased its investment in Centuria Bass to 80% from its original 50% stake, which was secured in mid-2021. This comes after Centuria Bass welcomed a new deputy chief executive on January 9. The former ...

Insignia takeover heats up, Bain Capital ups bid

KARREN VERGARA  |  MONDAY, 13 JAN 2025
... expected recovery in fund flows from cyclical lows." Tanarra Capital is Insignia's largest shareholder with a 12.5% stake, according to Insignia's 2024 annual report, followed by Hostplus' 9.1% interest. Tanarra, which now has about a 15% ...

Insignia denies yet another takeover bid

ELIZA BAVIN  |  FRIDAY, 10 JAN 2025
... superannuation funds and financial services companies. Tanarra Capital is Insignia's largest shareholder with a 12.5% stake, according to the 2024 annual report, followed by Hostplus with a 9.1% interest. Mitsubishi UFJ Financial Group and First ...

Regal, Magellan book performance fees

KARREN VERGARA  |  WEDNESDAY, 8 JAN 2025
... fees for 2024 come to $85 million. During the half-year, Regal acquired Merricks Capita l for $235 million and gained a stake in Argyle Group. Regal called it quits on its attempted takeover of Platinum Asset Management in early December. Separately ...

Morgans Financial crowned largest licensee

KARREN VERGARA  |  WEDNESDAY, 8 JAN 2025
Morgans Financial has toppled AMP Financial Planning (AMP FP) to become the licensee with the largest number of financial advisers. Morgans recorded 431 active advisers at the end of 2024, while AMP FP had 426. On December 20, both AFSLs had 430 registered ...

CC Capital Partners bids for Insignia

KARREN VERGARA  |  MONDAY, 6 JAN 2025
... adequately represent fair value for" its shareholders. Tanarra Capital is Insignia's largest shareholder with a 12.5% stake, according to the 2024 annual report, followed by Hostplus' 9.1% interest. Mitsubishi UFJ Financial Group and First Sentier ...

Traders left scrambling over ASX settlement outage

MATTHEW WAI  |  MONDAY, 23 DEC 2024
The Australian Securities Exchange (ASX) suffered another glitch last week that disrupted two days' worth of trades. The ASX said it detected a "technical issue" on its CHESS Batch Settlement last Friday, forcing trade settlements on December 18 ...

New tool will streamline regulation: Chalmers

ELIZA BAVIN  |  FRIDAY, 20 DEC 2024
The government has released a new tool with the aim to streamline and coordinate regulation in the financial sector. Treasurer Jim Chalmers said the tool will help build a more competitive, dynamic and productive economy. "We want to make it simpler ...