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Showing 471 - 480 of 3455 results for "Stake"

Qualitas shines in FY24, Charter Hall contracts

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2024
... invested in property. Some $15.4 billion of this is managed by Paradice Investment Management, which Charter Hall has a 50% stake in. FUM contracted by $6.3 billion, driven by devaluations of $6.1 billion and divestments of $2.4 billion. This was offset ...

Dexus property valuation rout deepens by $2bn

KARREN VERGARA  |  TUESDAY, 20 AUG 2024
... Brisbane's 18 Motorway Circuit for $17.9 million; and received $296.2 million for 5 Martin Place in Sydney, which it had a 25% stake in. "Markets move in cycles and while conditions are presently challenging, we invest for the long term. The assets ...

Equity Trustees names chief risk officer

MATTHEW WAI  |  TUESDAY, 20 AUG 2024
Equity Trustees (EQT) has announced the appointment of Nevein Versace to the role of chief risk officer, set to begin September 23. She will replace the outgoing Owen Brailsford, who is set to leave the business after five years at the end of August. ...

Magellan inks strategic partnership as results hint at turnaround

JAMIE WILLIAMSON  |  THURSDAY, 15 AUG 2024
Magellan Financial Group will take a stake in Vinva Investment Management, as it reports an increase in profits and stabilised outflows - but it says there's still work to be done. Magellan has announced it is acquiring 29.5% of Vinva Investment ...

Super performance test needs personal rate of return: Adviser

KARREN VERGARA  |  THURSDAY, 15 AUG 2024
APRA's annual superannuation performance test fails to consider results where it truly matters - at the member level - and ends up missing the mark on ensuring positive member outcomes, according to a financial advice expert advocating for better ...

Janus Henderson to buy private credit manager Victory Park Capital

ANDREW MCKEAN  |  TUESDAY, 13 AUG 2024
Janus Henderson will acquire a majority stake in private credit manager Victory Park Capital Advisors after Pacific Current Group agreed to divest part of its interest in the firm. The London-headquartered asset manager said that the acquisition of ...

Russell Investments appoints global head of alternatives

ELIZA BAVIN  |  TUESDAY, 13 AUG 2024
Russell Investments has announced the appointment of Ayesha Parra as global head of alternatives to lead the overall business strategy for the firm's alternatives platform globally. Parra, who joined in July, leads a team of alternatives specialists ...

AMP sells advice licensees to Entireti, AZ NGA

JAMIE WILLIAMSON  |  THURSDAY, 8 AUG 2024
... personnel from AMP will transition to NewCo. The transaction will be funded 70% through cash with the balance being the stake in NewCo. AMP expects to book a $30 million loss on the transaction in the second half. In addition to legal, transaction and ...

Brookfield expands $1bn student accommodation portfolio

MATTHEW WAI  |  TUESDAY, 6 AUG 2024
Brookfield has acquired a 50% stake in Journal Student Living, an extension of a joint venture formed with integrated property business Citiplan in late 2021. The collaboration saw the two parties acquire a PBSA development site on Grattan Street opposite ...

Eildon divests stakes in four funds to Trilogy

KARREN VERGARA  |  WEDNESDAY, 31 JUL 2024
Eildon Capital Group has offloaded its interest in four funds for $3.63 million to Trilogy Group. The ASX-listed firm entered a binding sale agreement with Trilogy to divest its management rights and direct co-investment stakes as part of a strategic ...