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Showing 551 - 560 of 7024 results for "Corporate"

WAM Active returns 30%, beats indices

KARREN VERGARA  |  WEDNESDAY, 28 AUG 2024
... 10.8% p.a., outperforming the market by 5.2% p.a. Lead portfolio manager Oscar Oberg said the LIC typically invests in corporate transactions such as initial public offerings (IPOs), capital raisings, and earnings accretive acquisitions. "Over the past ...

APRA reorganises as it sets sights on superannuation

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
The Australian Prudential Regulation Authority (APRA) has published its latest corporate plan as well as some changes to its internal structure. The corporate plan outlines how the regulator will maintain the "strength and stability of Australia's banks ...

AustralianSuper takes monster hit on Pluralsight

ANDREW MCKEAN  |  TUESDAY, 27 AUG 2024
AustralianSuper has written off its $1.1 billion investment in online education firm Pluralsight, following the company's restructuring. The superannuation giant invested in Pluralsight in 2021, as a co-underwriter with Vista Equity Partners, which ...

Sequoia ends FY24 with 350 advisers

KARREN VERGARA  |  TUESDAY, 27 AUG 2024
... of clients per adviser, and need for advice increasing in the IFA space. During the period, Sequoia acquired Castle Corporate, Castle Legal, Clique Paraplanning, and Australian Business Structures. It sold the Yield Report to ASX-listed Finexia Financial ...

ASIC wins case against crypto exchange Kraken

ANDREW MCKEAN  |  MONDAY, 26 AUG 2024
... been available on the Kraken exchange for several years without a legally required target market determination. The corporate regulator argued that the obligation to repay a digital asset or national currency was a deferred debt, and therefore the "margin ...

AET boosts Equity Trustees' FY24 performance

KARREN VERGARA  |  FRIDAY, 23 AUG 2024
... half of EQT's revenue is sourced from fund governance and trustee services under TWS, reaching $99 million in FY24. Corporate and superannuation trustee services account for 41% of revenue at $72 million. EQT's statutory net profit after tax ...

Pacific Current sees profits up 24%

ELIZA BAVIN  |  FRIDAY, 23 AUG 2024
... both feasible and beneficial to shareholders," it said. "The intent of this strategy was to unlock value by reducing corporate expenses, while retaining access to key investment capabilities. It involved simultaneously selling three of PAC's assets to ...

ASIC locks eyes on super industry

ELIZA BAVIN  |  THURSDAY, 22 AUG 2024
The Australian Securities and Investments Commission (ASIC) has unveiled its corporate plan for the next 12 months, with the superannuation industry in the firing line. ASIC said its review of the superannuation industry has been a multi-year project ...

HMC Capital sees earnings soar 57%

ELIZA BAVIN  |  WEDNESDAY, 21 AUG 2024
... asset manager said it would be onboarding a new specialist investment team later this year to broaden capability in corporate and asset-based private credit under the leadership of HMC Private Capital chair Matt Lancaster. Looking ahead, HMC said it ...

Perpetual names new chief executive

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2024
... until October 1, when he goes on gardening leave and continues to work with the board to complete the sale of Perpetual Corporate Trust and the wealth management unit that will overhaul the firm into a standalone asset manager. Kohlberg Kravis Roberts ...