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Showing 31 - 40 of 7408 results for "MAI"

NZ Super extends Movac relationship with $35m investment

MATTHEW WAI  |  TUESDAY, 23 JUN 2026
The NZ Super Fund is extending its decade-long partnership with Movac by injecting $35 million in its latest capital raise for Movac's Growth Fund 7 (MGF7). MGF7 has raised $185 million at first close, almost doubling its initial target of $100 million ...

BitDelta Pro taps Iress to support global multi-asset ambitions

VINNY VUCAGO  |  MONDAY, 22 JUN 2026
Iress has secured a multi-year partnership with UAE-based trading platform BitDelta Pro, as the fintech continues to expand its trading and market data footprint across high-growth international markets. Under the agreement, BitDelta Pro will adopt ...

Soul Patts to pocket $1.89bn from Brickworks divestment

VINNY VUCAGO  |  THURSDAY, 18 JUN 2026
Washington H. Soul Pattinson & Co is set to receive $1.89 billion after agreeing to divest its stake in Brickworks' industrial joint venture property trusts to Goodman Group, freeing up capital for future investment opportunities. The transaction will ...

Channel Capital and Fidante to merge

ELIZA BAVIN  |  THURSDAY, 18 JUN 2026
Challenger announced it has entered into a binding agreement to merge its multi-affiliate funds management business, Fidante, with Channel Capital. Under the agreement Fidante will become part of the newly formed entity Channel Group and will be led ...

Capstone joins forces with PictureWealth to form $22bn FUA planning network

MICHELLE BALTAZAR  |  WEDNESDAY, 17 JUN 2026
PictureWealth Group has inked a landmark deal with national advice licensee Capstone Financial Planning, forming a combined business with 360 financial advisers and $22 billion in funds under advice. Prior to the announcement, PictureWealth Group was ...

RBA on hold, rate cuts expected

ELIZA BAVIN  |  WEDNESDAY, 17 JUN 2026
The Reserve Bank of Australia (RBA) kept interest rates on hold at 4.35% at its June meeting, in line with market expectations. "Following the three increases in the cash rate target since the beginning of the year, financial conditions are now tighter ...

ASX to pay $23m, admits misrepresentation over CHESS replacement

MATTHEW WAI  |  MONDAY, 15 JUN 2026
ASX has admitted that it misled and exposed market participants to financial risk in an announcement related to the delivery of the CHESS replacement project in early 2022, despite realising the delay would occur as early as 21 December 2021. According ...

Product showcase: Reframing financial advice

THE FINANCIAL STANDARD TEAM  |  MONDAY, 15 JUN 2026
A diversified approach for a changing tax landscape The retirement savings confidence gap between 'advised' and 'unadvised' Australians is set to widen following the Federal Budget handed down in May. The Budget announcement introduced ...

Musk's $106bn fundamental-defying IPO lands on Nasdaq

RIDDHIMA TALWANI  |  FRIDAY, 12 JUN 2026
SpaceX has raised US$75 billion ($106.8bn) in the biggest-ever stock market debut, valuing Elon Musk's rocket and satellite company at US$1.77 trillion. It floated 555 million shares at a price of US$135 per share. "The valuation being ascribed ...

Invesco launches new equity fund

ELIZA BAVIN  |  THURSDAY, 11 JUN 2026
Invesco has launched the Invesco Global Enhanced Equity Fund, with the aim of providing Australian investors access to a systematic global equity strategy with a 20-year track record and more than $16 billion in assets under management globally. Invesco ...