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Showing 661 - 670 of 14210 results for "Interest"

Bain Capital backs out of Insignia takeover race

MATTHEW WAI  |  WEDNESDAY, 14 MAY 2025
... share late last year ; the offer was subsequently rejected. In the beginning of the year, CC Capital Partners expressed interest in the takeover by offering a higher sum for the shares, and remain as the only active bidder in the deal. Following much ...

US, China trade truce 'welcome' news for Australia: Chalmers

ELIZA BAVIN  |  TUESDAY, 13 MAY 2025
The United States and China have agreed to a temporary easing of trade tensions for a 90-day period. The move will see US tariffs on Chinese imports drop from 145% to 30%, while China will cut duties on American goods from 125% to 10%. While welcome ...

HESTA sells out of MinRes after failed engagement

JAMIE WILLIAMSON  |  MONDAY, 12 MAY 2025
HESTA divested its remaining shareholding in Mineral Resources (MinRes) following the resignation of the miner's entire ethics and governance committee just six months after it was established. The $89 billion fund put MinRes on watch in October last ...

US financial market dominance can't last indefinitely: MSCI

ANDREW MCKEAN  |  MONDAY, 12 MAY 2025
... Chief among them is a steep decline in private equity distributions over the past few years, following post-pandemic interest rate increases. Distributions to investors from recent vintages of private venture capital funds are around one-fifth of their ...

HESTA members to keep paying fees as disruption continues

ELIZA BAVIN  |  MONDAY, 12 MAY 2025
HESTA members currently in the midst of an extended limited services period will not see a pause or reduction applied to their administration fees, the fund confirmed. The $89 billion fund is currently transitioning to GROW Inc. (GROW) for its administration ...

Super funds put foot down on Woodside

ELIZA BAVIN  |  FRIDAY, 9 MAY 2025
Aware Super and HESTA have voted against the re-election of Woodside director Ann Pickard, who also chairs the Energy Board's Sustainability Committee, with HESTA also voting against the broader remuneration plan. The super funds said the gas giant ...

Aware Super appoints UK private equity lead

ELIZABETH FRY  |  THURSDAY, 8 MAY 2025
Aware Super has bolstered its London team with the appointment of three executives to manage its infrastructure, private equity and property portfolios in Europe and the US. Importantly, the $190 billion superannuation fund has recruited Frank Bulman ...

Mercer Super recruits whistleblower as risk chief

ELIZABETH FRY  |  THURSDAY, 8 MAY 2025
A former UniSuper risk executive has landed at Mercer Superannuation Australia as its new chief risk officer. Mercer Super has confirmed the appointment of Dennis Gentilin - an ex-banker turned whistleblower - to the role. "Dennis' expertise and ...

The top-performing (and worst) asset classes of the past year

ANDREW MCKEAN  |  THURSDAY, 8 MAY 2025
... 500 index delivered a "stellar" 25% return, buoyed by a resilient economy, corporate earnings growth and a favourable interest rate environment. The dominance of the Magnificent Seven, which benefited from increased investment in AI, cloud computing ...

Australian private capital sector totals $139bn: Report

MATTHEW WAI  |  THURSDAY, 8 MAY 2025
... international peers on key returns metrics, demonstrating resilience amid market volatility, inflationary pressures and higher interest rates. Against the backdrop, Australia-focused funds offered an "attractive" risk and return profile, including a ...