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Showing 511 - 520 of 13315 results for "PROP"

Revolution private credit trust to launch on ASX

KARREN VERGARA  |  WEDNESDAY, 27 AUG 2025
Revolution Asset Management is set to launch a private credit product on the ASX and is targeting a $400 million raise. Revolution Private Credit Income Trust, under ticker coder REV, will debut on September 22. Already, Revolution co-founder and chief ...

Equity Trustees sued over Shield Master Fund failures

ELIZA BAVIN  |  TUESDAY, 26 AUG 2025
Equity Trustees will face court over its alleged due diligence failures concerning the Shield Master Fund. ASIC flagged that as a superannuation trustee, Equity Trustees oversaw the investment of around $160 million of retirement savings into Shield ...

New Forests beefs up local landscapes fund

JAMIE WILLIAMSON  |  MONDAY, 25 AUG 2025
New Forests is acquiring close to 50% of McPhee Beef Farms in New South Wales and will look to implement more regenerative agriculture practices and reduce its emissions. The acquisition is being made via New Forests' Australia New Zealand Landscapes ...

Powerwrap drags Praemium performance, SMAs shine

KARREN VERGARA  |  MONDAY, 25 AUG 2025
Praemium's separately managed accounts (SMA) business reported $610 million of net inflows while Powerwrap's outflows topped $299 million for the 2025 financial year. In addition to the SMA business, total funds under administration (FUA) was ...

ASIC freezes assets of First Mutual Private Equity

MATTHEW WAI  |  FRIDAY, 22 AUG 2025
The Federal Court imposed urgent interim orders to freeze the assets of First Mutual Private Equity (FMPE) and its sole director Gregory Raymond Cotton, with ASIC concerned more than $50 million of investor funds is at risk. ASIC is investigating FMPE ...

Canaccord Genuity buys Wilsons Advisory

JAMIE WILLIAMSON  |  THURSDAY, 21 AUG 2025
Canaccord Genuity Group is acquiring Wilsons Advisory as part of efforts to grow its local operations. The acquisition has been made via Canaccord Genuity Australia, with the group saying it aligns to its strategy of growing its wealth management business ...

MLC Expand adds general manager

JAMIE WILLIAMSON  |  WEDNESDAY, 20 AUG 2025
MLC Expand appointed a general manager, platform development and digital experience. Joining from HUB24, Heidi Press will be responsible for the design and delivery of the next iteration of the MLC Expand wrap platform. She brings more than 20 years' ...

Future Fund taps AustralianSuper for property director

MATTHEW WAI  |  WEDNESDAY, 20 AUG 2025
Future Fund has appointed its executive director, property, joining from AustralianSuper in October. John Richmond is set to take on the role and is currently the senior investment director of Australian and New Zealand property, real assets at AustralianSuper. ...

Australia emerges as managed accounts leader: Research

MATTHEW WAI  |  WEDNESDAY, 20 AUG 2025
A new Praemium study found that managed accounts are slowly becoming an essential tool for local financial advisers. According to the survey, 62% of financial advisers currently used managed accounts, an increase from about 59% earlier this year, and ...

CEDA calls for 'seamless economy' reforms as Roundtable begins

ELIZA BAVIN  |  WEDNESDAY, 20 AUG 2025
A new report from the Committee for Economic Development of Australia (CEDA) has called on the government to kick off a new wave of seamless economy reforms and boost its National Productivity Fund. Towards a more seamless Australian economy called ...