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Showing 511 - 520 of 22294 results for "Direct"

Russell Investments secures $1.8bn funding from Apollo

RIDDHIMA TALWANI  |  THURSDAY, 8 JAN 2026
Russell Investments has received $1.78 billion (US$1.2bn) in financing from Apollo, providing it with long-term capital to support its growth strategy. The transaction refinances Russell Investments' existing term loan, fully repays the firm's prior ...

Saudi Arabia opens access for foreign investors

MATTHEW WAI  |  THURSDAY, 8 JAN 2026
... were used to enable non-resident foreign investors to obtain economic benefits only from listed securities, and allows direct investment in listed securities, the CMA said. Despite the imminent access, investment restrictions will be applied, with a ...

Apex to acquire Mercer's super admin business

ELIZA BAVIN  |  THURSDAY, 8 JAN 2026
Apex Group is taking over Mercer's stand-alone superannuation administration operations. Apex said the strategic lift-out enables it to integrate Mercer's experienced administration team and operational capabilities directly into its own business, enhancing ...

ATO to restrict travel over unpaid super obligations

ELIZA BAVIN  |  WEDNESDAY, 7 JAN 2026
The Australian Taxation Office (ATO) said it is actively using departure prohibition orders (DPOs) as part of a broader shift towards strengthening payment performance and debt collection. A DPO is an enforcement action available to the ATO to prevent ...

Lazard sets up new chief investment role

RIDDHIMA TALWANI  |  WEDNESDAY, 7 JAN 2026
Lazard Asset Management has created a new role of a chief investment officer and appointed Eric Van Nostrand. The US$265 billion asset manager said the newly established role will strengthen the cohesion, discipline and effectiveness of its global investment ...

WAM delivers standout 41% return in 2025

RIDDHIMA TALWANI  |  WEDNESDAY, 7 JAN 2026
... Annualised fully franked interim dividend came to 7.4 cents per share including the special dividend. It said the returns are a direct result of the stock selections and the benefits of the adjustment in its dynamic portfolio construction. "Improved ...

Super funds' external fund manager spend hits $2bn

KARREN VERGARA  |  WEDNESDAY, 7 JAN 2026
Superannuation funds spent more than $1.9 billion on external fund manager fees last financial year, with nearly 60% of the amount going to equity fund managers, according to APRA figures. The prudential regulator's breakdown of super funds' ...

FEATURE | Recruitment: Laying foundations

RIDDHIMA TALWANI  |  MONDAY, 5 JAN 2026
In 2019, then APRA chair Wayne Byres had a blunt message for superannuation funds: "Are you going to get better, or are you going to get out?" The question marked the decisive shift in the regulator's tone, making its agenda explicit: super funds ...

ASIC sues BDO Audit for misleading statements

MATTHEW WAI  |  MONDAY, 5 JAN 2026
Ahead of Christmas, ASIC commenced civil penalty proceedings against BDO Audit (WA) and its director Dean Just alleging it made misleading statements, while failing to take reasonable steps to ensure reports were factually accurate for an ASX-listed ...

MetLife completes PineBridge acquisition

MATTHEW WAI  |  WEDNESDAY, 31 DEC 2025
... double-digit adjusted earnings per share growth, a 15-17% adjusted return on equity, a 100-basis-point reduction in its direct expense ratio target, and free cash flow of US$25 billion, MetLife said. More than half of the client assets acquired in the ...