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Showing 531 - 540 of 22045 results for "Business"

Stonepeak acquires gas distribution network in Queensland

RIDDHIMA TALWANI  |  THURSDAY, 18 DEC 2025
... executive and managing director Adam Watson said the divestment reflects its focus on reviewing its portfolio to simplify the business. It recently divested its networks business, pulling out of all of its non-core gas distribution assets in Australia. ...

Perpetual extends exclusive talks for wealth management sale

MATTHEW WAI  |  THURSDAY, 18 DEC 2025
... binding agreement, or that any transaction would proceed. Perpetual announced its intent to sell the wealth management business in February 2025. On November 5, Perpetual confirmed the exclusive agreement with Bain Capital Private Equity to progress ...

Equity Trustees hit with additional licence conditions

ELIZA BAVIN  |  THURSDAY, 18 DEC 2025
... members," APRA deputy chair Margaret Cole said. "The accountabilities of trustees are the same irrespective of their business model and cannot be outsourced." An Equity Trustees spokesperson said Equity Trustees supports the continuous improvement of ...

Rest exits co-investment with Motive Partners

ANGELIQUE MINAS  |  THURSDAY, 18 DEC 2025
... private and public markets. As a large private investment manager focused on financial technology and technology-enabled business service companies, Motive Partners also contributed to this initial partnership. With Intelligence was recently acquired ...

Australian Ethical appoints chief risk officer

ANGELIQUE MINAS  |  THURSDAY, 18 DEC 2025
... office and HSBC. In her new position, Kooyman will be a member of the executive leadership team, responsible for the business' enterprise-wide risk management framework. She will replace Karen Hughes who has been chief risk officer at Australian Ethical ...

Fund managers remain bullish on AI for 2026

RIDDHIMA TALWANI  |  WEDNESDAY, 17 DEC 2025
Experts believe the hype around artificial intelligence (AI) is not a bubble and remain constructive on the sector going into 2026. Munro Partners portfolio manager Kieran Moore said the Melbourne-based investment management firm sees AI as a five to ...

ASX-listed companies at breaking point: Alvarez & Marsal

MATTHEW WAI  |  WEDNESDAY, 17 DEC 2025
Australia's corporate distress levels have increased by almost 50% across most industries since the pandemic, due to elevated interest rates, persistent inflation and sector-specific vulnerabilities, new research indicates. The inaugural Australian ...

BlackRock loses $8.9bn pension fund mandate

MATT TOLEDO  |  TUESDAY, 16 DEC 2025
... mandate, also with State Street, due to misalignment with the pension fund's sustainable investing policy, awarding the business to Invesco and Amundi. The termination of these European mandates showcases the tightrope that asset managers like BlackRock ...

Why a single insto client is a massive business risk

KARREN VERGARA  |  TUESDAY, 16 DEC 2025
... underscored the importance of having a diversified client base, as one $2.2 billion manager warns this has become a substantial business risk. This year alone saw the curtains drawn for Celeste Funds Management, Touchstone Asset Management and Ethical ...

Sequoia expects earnings hit from Shield, First Guardian

KARREN VERGARA  |  TUESDAY, 16 DEC 2025
... non-cash in nature and will not affect underlying operating cash flow or the ongoing performance of the group's core business units," Sequoia said. ASIC is currently suing Sequoia's subsidiary Interprac Financial Planning, alleging its financial advisers ...