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Showing 4301 - 4310 of 20552 results for "BEN"

Praemium to acquire remaining Powerwrap shares

ALLY SELBY  |  MONDAY, 21 SEP 2020
Praemium is set to add to its 92.31% stake in Powerwrap, as it moves to acquire its outstanding shares on issue. Compulsory acquisition notices will be dispatched to Powerwrap shareholders tomorrow, Praemium says, unless they accept the offer by 7.00pm ...

Magellan, Barclays back new firm

KANIKA SOOD  |  MONDAY, 21 SEP 2020
Magellan Financial Group and Barclays have signed on as foundation investors in a new financial services firm which is launching with former Challenger chief Brian Benari as its chief executive. Barrenjoey Capital Partners is slated for a mid-2021 launch ...

Amnesty unearths $588m unpaid super

KARREN VERGARA  |  MONDAY, 21 SEP 2020
Over half a billion dollars of unpaid superannuation has been reunited with workers, as employers take advantage of the amnesty period to "wipe the slate clean". About 24,000 employers have admitted to underpaying staff approximately $588 million in ...

AMP Capital sells clean energy company

KARREN VERGARA  |  MONDAY, 21 SEP 2020
AMP Capital is selling off its entire stake in a European provider of clean energy solutions for an undisclosed figure. AMP Capital and Infracapital, the infrastructure equity investment arm of M&G Plc, became co-owners of Adven in January 2016, taking ...

Global pension fund doubles down on APAC

JAMIE WILLIAMSON  |  MONDAY, 21 SEP 2020
... capabilities will allow us to further generate returns to deliver on our pension promise," OTPP regional managing director, Asia, Ben Chan said. In addition to the new office, the fund also recently expanded to late-stage venture and growth equity investments ...

Chief economist update: Yoshihide and the yen

BENJAMIN ONG  |  MONDAY, 21 SEP 2020
So far fresh Prime Minister of Japan Yoshihide Suga is off to a good start. The Prime Minister takes over from Shinzo Abe at a time when the global economy appears to have seen the worst of the coronavirus pandemic. Many governments have eased/lifted ...

Boutique appoints chief operating officer

KANIKA SOOD  |  FRIDAY, 18 SEP 2020
Watermark Funds Management's chief operating officer has left for a similar role at another boutique. Tim Bolger is joining Alium Capital Management as its chief investment officer. Alium runs two strategies: a market neutral fund and public-to-private ...

Hostplus can't be killed: Sicilia

ELIZABETH MCARTHUR  |  FRIDAY, 18 SEP 2020
Hostplus chief investment officer Sam Sicilia has firmly rebutted speculation that COVID-19 and the early release of super scheme could have caused a liquidity crisis, detailing a series of extreme events that wouldn't "kill the fund". "There was never ...

Aware Super, Lendlease execute $200m recapitalisation

ALLY SELBY  |  FRIDAY, 18 SEP 2020
... billion investment partnership in 2018 to develop and hold multi-family assets in US gateway cities. Lendlease portfolio manager Ben Byrne said the recapitalisation would enable the US investment vehicle to invest in other assets across the region. "After ...

The future of infrastructure is digital: Macquarie

ELIZA BAVIN  |  FRIDAY, 18 SEP 2020
COVID-19 has only served to accelerate the already growing trend towards digital infrastructure, according to Macquarie Infrastructure Partners (MIP). Speaking to Financial Standard as part of the JANA Annual Conference, chief executive of MIP, Macquarie ...