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Showing 41 - 50 of 2727 results for "Shareholders"

BlackRock caps outflows on US$27bn private credit fund

KARREN VERGARA  |  MONDAY, 9 MAR 2026
... out US$1.2 billion. Subsidiary HPS Investments Partners, which BlackRock acquired in 2024 for US$12 billion, said shareholders requested to redeem 9.3% of shares outstanding - "exceeding the 5% framework for the first time since its inception". The limit ...

Morgan Stanley sheds 2500 global roles

KARREN VERGARA  |  FRIDAY, 6 MAR 2026
... integrated firm - strategy, culture, financial strength and growth - support our ability to drive long-term value for shareholders." The investment management division reported record net revenues for the full year of US$6.5 billion on higher average ...

Pengana awards investment mandate to Antipodes

ELIZA BAVIN  |  THURSDAY, 5 MAR 2026
... proposed the LIC would borrow money to invest in private credit to boost performance, but the plan was rejected by shareholders. Under the new agreement, Antipodes will assist Pengana in managing the PIA investment portfolio in line with the Antipodes ...

Clime names new chair

KARREN VERGARA  |  WEDNESDAY, 4 MAR 2026
... closely with John, Michael and the Board to support disciplined capital allocation and long-term value creation for shareholders." Clime managing director Michael Baragwanath said the business has stabilised and has been repositioned in a short period ...

Magellan to merge with Barrenjoey for $906m

KARREN VERGARA  |  MONDAY, 2 MAR 2026
... implied value of $1.6 billion and will fund the transaction via the issue of new Magellan ordinary shares to Barrenjoey shareholders. Barclays and Magellan are the founding shareholders of Barrenjoey, launching it in 2020. Magellan will acquire an incremental ...

Victory Capital makes 'best-of-both-worlds' offer for Janus Henderson

RIDDHIMA TALWANI  |  FRIDAY, 27 FEB 2026
... offer than Trian Fund Management. Calling it a "best-of-both-worlds" proposal, Victory Capital said Janus Henderson shareholders will receive $57.04 per share, consisting of $30.00 in cash and 0.350 shares of Victory Capital stock, based on its closing ...

Australian Ethical unveils strong half-year results

MATTHEW WAI  |  THURSDAY, 26 FEB 2026
... increase by 25% to $14.4 million in the six months to December end, while net profit after tax (NPAT) attributable to shareholders was $13.3 million, up 42%. Revenue of $65.8 million was up 13% on the prior comparative period, driven by funds under management ...

Perpetual sees 349% profit jump

RIDDHIMA TALWANI  |  THURSDAY, 26 FEB 2026
... quality with growing FUA and the board is focused that any transaction ultimately is in the best interest of the shareholders. Reilly noted the corporate trust arm is to be the "key earnings engine" for the business, and it will continue to build on ...

Iress sticks to simplification plan, will consider "bona fide" takeover bids

RIDDHIMA TALWANI  |  WEDNESDAY, 25 FEB 2026
... potentially acquire the business. It assessed whether a change-of-control could deliver compelling and certain value for shareholders, but said no such offer has been received. "The board has determined that the most attractive path to maximising shareholder ...

Regal profits rise 65%, Pacific Current reports $11.7m loss

ELIZA BAVIN  |  TUESDAY, 24 FEB 2026
... funds under management (FUM) increase 16% to $20.9 billion, supported by strong performance and positive net inflows. Shareholders will receive a fully franked dividend of 21 cents per share. Regal chief executive Brendan O'Connor said while 2025 started ...