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Showing 621 - 630 of 12165 results for "May"

Soul Patts merges to create new $14bn company

ANDREW MCKEAN  |  MONDAY, 2 JUN 2025
... share they hold, implying a value of $30.28 per share. This represents a 10.1% premium to the last closing price of $27.51 on May 30, an 11.9% premium to the one-month volume-weighted average (VWAP) price of $27.07, a 21.9% premium to the three-month ...

AMP launches superannuation feature to boost retirement income

ANDREW MCKEAN  |  MONDAY, 2 JUN 2025
... using the lower concessional balance for the portion invested in AMP Lifetime Pension, instead of the full super balance. This may help retirees qualify for more Age Pension, boosting their income in retirement. AMP also noted that retirees with increased ...

Allan Gray exposes 'hateful eight' bubble threat

ANDREW MCKEAN  |  FRIDAY, 30 MAY 2025
... allocating a huge part of their exposure to banks, which are trading at eyewatering valuations. A purely passive approach may leave you exposed..." Mawhinney said. Allan Gray believes investors in the local share market can't afford to ignore valuation ...

Ironbark acquires family office firm

ELIZA BAVIN  |  FRIDAY, 30 MAY 2025
... wealth business with the acquisition of Mercury Private, a Sydney-based high-net-worth and family office firm. Established in May 2015, Mercury offers a range of financial services from investment advice, asset protection, tax structuring, succession ...

Quality over quantity: CareSuper on mergers

JAMIE WILLIAMSON  |  THURSDAY, 29 MAY 2025
... recalled. "I think that's what has brought us together as two funds that have a very strong values alignment." But while it may be the second merger in less than a year that he'll oversee, Murray isn't expecting too many more, at least not ...

Greenwashing remains an enforcement priority: ASIC

MICHELLE BALTAZAR  |  THURSDAY, 29 MAY 2025
... "However, we encourage you to apply early," she noted. On capacity building, the regulator understands that smaller companies may be concerned about the compliance requirements on them under the new laws. ASIC is set to deliver a set of educational materials ...

Centuria divests three industrial assets

ANDREW MCKEAN  |  TUESDAY, 27 MAY 2025
... non-solicited approaches we've received, which has helped us achieve strong sales premiums to prior book values," Curtis said. In May, Centuria exchanged sales contracts on 76 Quinns Hill Rd Stapylton for $40 million, 14% above its prior book value. ...

CFS awards global equities mandate

KARREN VERGARA  |  TUESDAY, 27 MAY 2025
... fund manager Brown Advisory has won the mandate to oversee the global equities strategy available on FirstChoice, debuting on May 24. The option - Ironbark Brown Advisory Global Share Fund - is brought to investors in collaboration with Ironbark Asset ...

Commodities 'crucial' for portfolio resilience: QIC

MATTHEW WAI  |  TUESDAY, 27 MAY 2025
... particular, a valuable inclusion in a strategic asset allocation, especially in an environment where traditional asset classes may face headwinds," QIC said. Commodity futures are standardised contracts traded on exchanges that transact a specific quantity ...

Australian firms may face 'intense competition': RBA

ELIZA BAVIN  |  MONDAY, 26 MAY 2025
Reserve Bank of Australia (RBA) deputy governor Andrew Hauser said the effects of US President Donald Trump's tariffs may increase competition for Australian firms operating in China. Hauser said he visited China just after Trump's "Liberation Day" ...