Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 461 - 470 of 13568 results for "PROP"

Victory Capital makes 'best-of-both-worlds' offer for Janus Henderson

RIDDHIMA TALWANI  |  FRIDAY, 27 FEB 2026
Victory Capital, the $323.2 billion NASDAQ listed asset manager, has made another takeover bid for Janus Henderson, providing a higher value offer than Trian Fund Management. Calling it a "best-of-both-worlds" proposal, Victory Capital said Janus Henderson ...

Trump announces new US retirement plan

ELIZA BAVIN  |  FRIDAY, 27 FEB 2026
US President Donald Trump used his State of the Union address this week to announce a new retirement plan open to US workers. Trump said that since he took office the typical 401(k) balance has grown by "at least US$30,000". "That's a lot of money. ...

Super moves: Mercer, AusSuper, Future Fund, VFMC

ELIZABETH FRY  |  THURSDAY, 26 FEB 2026
Padraig Brown has left Mercer after more than 14 years, ending his stint as New Zealand chief investment officer. He is joining NZX-listed Precinct Properties, the country's largest commercial property owner, worth about $3.4 billion. At NZX-listed ...

AustralianSuper reduces fees on Member Direct option

ELIZA BAVIN  |  THURSDAY, 26 FEB 2026
AustralianSuper has made a raft of changes to its Member Direct option, effective March 28. Portfolio administration fees on the 'Term Deposits' and the 'Shares, ETFs and LICs' levels of access will be reduced from $180 p.a. to $150 ...

Generation Life expands investment menu

RIDDHIMA TALWANI  |  THURSDAY, 26 FEB 2026
Generation Life has expanded its investment menu with five new options across private markets, geared strategies and global small caps. It said the enhancements provides investor access to asset classes traditionally reserved for institutional investors ...

L1 Group realises $24m of $35m merger cost synergies

RIDDHIMA TALWANI  |  WEDNESDAY, 25 FEB 2026
L1 Group has already recognised $24 million in cost reductions since the merger of L1 Capital and Platinum Asset Management in October formed the new entity; it expects additional $10 million in synergies in the next financial year. It reported a rise ...

Iress sticks to simplification plan, will consider "bona fide" takeover bids

RIDDHIMA TALWANI  |  WEDNESDAY, 25 FEB 2026
Iress is firmly focused on simplifying its software portfolio, centering it around wealth and trading and market data, while saying it will consider any bona fide takeover proposals consistent with its fiduciary duties. It has reported a profit of $79.3 ...

Governance issues on the rise: ASIC

ELIZA BAVIN  |  WEDNESDAY, 25 FEB 2026
In the six months from 1 July 2025 to 31 December 2025, the corporate watchdog received 9686 reports of misconduct (ROMs), raising 13,036 issues, new data from ASIC shows. ASIC said the increase in ROMs was driven largely by corporate governance concerns ...

Zurich Financial Services to acquire ClearView

KARREN VERGARA  |  TUESDAY, 24 FEB 2026
Zurich Financial Services Australia is set to become the new owner of ASX-listed ClearView Wealth. Zurich Financial Services is offering 65 cents for each ClearView share, marking a 22% premium to the last closing the share price on February 23. This ...

Quinbrook expands Australian focus with two new executives

MATTHEW WAI  |  MONDAY, 23 FEB 2026
Quinbrook has expanded its Australian arm with the appointment of a new managing director and legal head. Tim Horneman has been appointed as managing director, Australia, reporting to chief executive Brian Restall, and will help grow and execute the ...