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Showing 481 - 490 of 3453 results for "Stake"

AustralianSuper, HESTA acquire majority stake in housing developer

ANDREW MCKEAN  |  TUESDAY, 23 JUL 2024
AustralianSuper and HESTA have taken a majority stake in a new housing company that seeks to provide institutional investors stable, long-term returns through large-scale housing investments across Australia. The new company, backed by the industry ...

NZSF returns 17%, smashes benchmarks

KARREN VERGARA  |  TUESDAY, 23 JUL 2024
... of investing in the fund instead of repaying debt," Townsend said. During the period, it finalised the sale of its 19.8% stake in Victoria's toll road network ConnectEast Group with co-investors Teachers Insurance, and Annuity Association of America ...

Insignia Financial flags more remediation ahead

JAMIE WILLIAMSON  |  MONDAY, 22 JUL 2024
... separation of its self-employed adviser channel, with the official commencement of Rhombus Advisory this month. It retains a 37% stake in the business. Meantime, a further $23 million has been set aside to remediate super fund clients whose contributions ...

Pacific Current sells European boutique

KARREN VERGARA  |  MONDAY, 22 JUL 2024
... combine with Abacus is strategically valuable for both businesses. We wish them continued success." PAC recently sold its stake in three fund managers - Avante Capital Partners, Proterra Investment Partners and Cordillera Investment Partners - to GQG ...

Regal splashes out on slice of Argyle Group

JAMIE WILLIAMSON  |  FRIDAY, 19 JUL 2024
Regal Partners will claim a minority stake in specialist water entitlements investment manager Argyle Group, following the latter's recent restructure. The two parties have entered an agreement for Regal to acquire 40% of Argyle Group Holdings and 40% ...

Fidante divests Merlon stake

KARREN VERGARA  |  WEDNESDAY, 17 JUL 2024
Fidante Partners has offloaded its interest in Merlon Capital Partners to the latter's principals and investment team. The divestment of Fidante's minority interest took effect on July 12, with Merlon alerting investors that the multi-boutique arrangement ...

Kidmans acquires wealth advisory firm

KARREN VERGARA  |  WEDNESDAY, 17 JUL 2024
... has a strong reputation in the community. We are excited to bring Joe and his clients into Kidmans." Count has a 64.15% stake in Kidmans, according to the ASX-listed firm's 2023 annual report. It also has major stakes in several advice and accounting ...

Federation AM acquires Homesafe

ELIZA BAVIN  |  MONDAY, 15 JUL 2024
Federation Asset Management has acquired Homesafe Solutions, aiming to drive innovation and expansion in the equity release market. Homesafe Solutions was established in 2005 by Peter Szabo and is the provider of Homesafe Wealth Release. Federation ...

Insignia Financial overhauls operating model, executive team

JAMIE WILLIAMSON  |  THURSDAY, 11 JUL 2024
Just a day after denying it has engaged Citi to consider takeover offers, Insignia Financial has overhauled its entire operating model and executive lineup. Insignia Financial is moving away from its current functional operating model and introducing ...

Government lifts funding to preserve banking in the Pacific

ANDREW MCKEAN  |  WEDNESDAY, 10 JUL 2024
... "And we also know that without them, large parts of the Pacific risk being cut off from the global financial system. At stake here is the ability of the Pacific to engage with the world." Assistant treasurer Stephen Jones told the forum, which was organised ...