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Showing 531 - 540 of 4620 results for "Holding"

Generation Development Group to take over Lonsec

KARREN VERGARA  |  MONDAY, 3 JUN 2024
Lonsec Holdings will have a new parent company as Generation Development Group (GDG) is due to acquire the remaining stake in the research and ratings house. GDG will scoop up an additional 61.9% stake in Lonsec valued at $197.4 million. About $155.4 ...

Australians selling assets over seeking help: ASIC

ELIZA BAVIN  |  MONDAY, 3 JUN 2024
... issue, contact the Australian Financial Complaints Authority." ASIC said lack of awareness and emotional barriers were holding Australians back from asking for help when they need it. More than half (55%) said they were not aware that they were entitled ...

ANZ dumps remaining stake in AmBank

ANDREW MCKEAN  |  FRIDAY, 31 MAY 2024
ANZ has offloaded its remaining stake in AMMB Holdings (AmBank) in a bid to "simplify the bank." ANZ sold its 5.2% shareholding in AmBank for MYR4.10 (A$1.31) per share. The Malaysian bank is currently trading at MYR4.22 (A$1.35) per share. ANZ chief ...

Stockland, Invesco Real Estate forge land lease deal

KARREN VERGARA  |  TUESDAY, 28 MAY 2024
Stockland has joined forces with Invesco Real Estate (IRE) to establish a land lease communities project tipped to be worth $1.1 billion. The open-ended partnership, which is based on Stockland's 50.1% interest and IRE's flagship pan-Asian core ...

GSFM to distribute new strategy in Australia

ANDREW MCKEAN  |  MONDAY, 27 MAY 2024
... around 11% net annualised returns since its inception in January 2010, outperforming indexes by 90% to over 190%, typically holding a small net cash position with no leverage. "If you think about that in the context of other global small and mid-cap ...

Super funds to solve the housing crisis?

ANDREW MCKEAN  |  TUESDAY, 21 MAY 2024
... you get that risk-return profile to match up when you're looking at housing affordability when you're looking at holding property or land for a long time; that increases the risk when you don't have consistency in planning regulations," she ...

BitConnect promoter pleads guilty

KARREN VERGARA  |  MONDAY, 20 MAY 2024
... the lending period, ASIC's investigation found. On top of this, Bigatton provided financial product advice without holding an AFS Licence or authorisation to provide financial services about the Lending Platform and BCC. He will be sentenced on July ...

Magellan advances MGF conversion to open class

KARREN VERGARA  |  FRIDAY, 17 MAY 2024
Magellan Asset Management will go ahead with converting its Global Fund (ASX: MGF) into an open class structure. As the fund's responsible entity, Magellan Asset Management has advanced the conversion process since it was flagged in October of last ...

Crescent Capital sells down ClearView stake

ELIZA BAVIN  |  FRIDAY, 17 MAY 2024
... shares, representing approximately 34.59% of ClearView shares on issue. In addition, Crescent will file a substantial holding notice to reflect the changes following settlement of the sale of shares, which is said it expected to occur on 20 May 2024. ...

Spaceship expands Voyager suite

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
Spaceship is launching two new Voyager portfolios, targeting investors with a lower risk appetite and shorter investment horizon. The Spaceship Explorer Portfolio and Spaceship Galaxy Portfolio bring the Voyager lineup of products to five, sitting alongside ...