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Showing 531 - 540 of 7855 results for "Board"

Future Fund reaches value of $237.9bn

ELIZA BAVIN  |  WEDNESDAY, 5 FEB 2025
... established in 2006," Arndt said. "Investment returns also helped increase the value of the six other funds managed by the board to $66.7 billion, from $60.4 billion at 31 December 2023. "This was after accounting for $790 million in payments to support ...

Wilson Asset Management launches Founders Fund

ANDREW MCKEAN  |  TUESDAY, 4 FEB 2025
... qualify as "founder-led," a company's founder must own more than 10% or $20 million of the business, hold an executive or board position, and haven't sold more than 25% of their holdings in the last year. The founder must also have aligned interests ...

Australian Wealth Advisors Group invests big in Sequoia

KARREN VERGARA  |  TUESDAY, 4 FEB 2025
... worked with a group of other shareholders in 2024 that attempted to oust the leadership in the hope of deposing Crole and board member Kevin Pattison from their respective positions. The Takeovers Panel eventually slapped a series of orders on the rouge ...

Barrenjoey acquires, expands in Hong Kong

KARREN VERGARA  |  TUESDAY, 4 FEB 2025
... Last June, the firm expanded in Abu Dhabi to offer fixed income sales and trading services. Philip Lowe joined Barrenjoey's board last September as the third independent non-executive director. He is joined by former politician Kelly O'Dwyer and David ...

BUSSQ loses legal bid to overturn additional licence conditions

ANDREW MCKEAN  |  MONDAY, 3 FEB 2025
... within the Construction, Forestry and Maritime Employees Union (CFMEU), which has three directors on the fund's 14-member board. Notably, the three CFMEU-appointed directors at Cbus - Rita Mallia, Dave Noonan, and Jason O'Mara - were removed in the weeks ...

Syfe bids for SelfWealth, ups BFG's offer

KARREN VERGARA  |  MONDAY, 3 FEB 2025
... proposal "while indicative and non-binding, could be considered to become a superior proposal." However, SelfWealth's board said it "continues to unanimously recommend that SelfWealth shareholders vote in favour of the Bell offer, in the absence ...

Coast Advice teams up with New York private investment firm

ANDREW MCKEAN  |  FRIDAY, 31 JAN 2025
... success for clients and stakeholders," it said. As part of the partnership, Merchant Australia head David Haintz will join the board of Coastal Advice. "With his strategic leadership and invaluable experience, his role will continue to drive growth," ...

The regulatory pendulum has swung too far: FSC

ANDREW MCKEAN  |  FRIDAY, 31 JAN 2025
... customers with "hefty tax penalties." Others sit with the government, such as streamlining the Foreign Investment Review Board processes for low-risk investments into Australia and reviewing and simplifying the Compensation Scheme of Last Resort (CSLR). ...

Super fund promotional expenses balloon: APRA

KARREN VERGARA  |  FRIDAY, 31 JAN 2025
... Australian Hotels Association and Queensland Hotels Association. AustralianSuper, meanwhile, spent the most on union-related board and committees with $709,000, followed by TWU Superannuation Fund with $499,000 and Mine Super with $408,000. Overall ...

Canadian pension fund names new CIO

ELIZABETH FRY  |  THURSDAY, 30 JAN 2025
Canada's Public Sector Pension Investment Board named a new investment chief of PSP investments and a new head of the pension fund's private markets subsidiary. Patrick Charbonneau has been appointed chief investment officer of PSP Investments. ...