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Showing 661 - 670 of 10089 results for "Trust"

Ascent Investment mastermind cops 33 criminal charges

KARREN VERGARA  |  MONDAY, 12 MAY 2025
... 'Ponzi' scheme." In Ascent's 2020 financial statements and tax return, which was described as a "discretionary trust - investment activities", the company reported net income of $8.8 million and assets of $117.5 million. ASIC also received ...

ART extends exclusions in Socially Conscious option

ELIZA BAVIN  |  MONDAY, 12 MAY 2025
Australian Retirement Trust (ART) will extend its list of exclusions for the Socially Conscious Balanced option to also apply to direct investments in listed corporate-issued debt in fixed income investments. The change, which comes into effect July ...

Reducing super tax cap to $2m 'a concern': FAAA

ELIZA BAVIN  |  FRIDAY, 9 MAY 2025
Financial Advice Association Australia (FAAA) chief executive Sarah Abood has voiced concerns about the future of Div 296, given Labor's overwhelming victory at the federal election. The proposed 30% tax on superannuation balances above $3 million could ...

Vista Equity Partners, S64 to bring strategy to APAC

MATTHEW WAI  |  FRIDAY, 9 MAY 2025
The new fund, VistaOne, will provide APAC investors with access to a balanced portfolio of 'mission-critical' software solutions via Vista's private equity platform. VistaOne invests across the lifecycle of large, mid, and small cap private software ...

Longview Partners sets up local hub

ELIZABETH FRY  |  THURSDAY, 8 MAY 2025
A former Apostle Funds Management global distribution lead has been named head of APAC and Middle East for a London-based firm. The newly created role will see Kimon Kouryialas lead Longview Partners' growth strategy in the region. Kouryialas is ...

MA Financial partners to invest $2.6bn in middle market loans

MATTHEW WAI  |  WEDNESDAY, 7 MAY 2025
... borrowers and their private equity owners." The collaboration follows MA Financial's launch of its first listed investment trust, the MA Credit Income Trust on the ASX on March 5.

Channel Capital launches Apollo asset-backed credit trust in Australia

MATTHEW WAI  |  WEDNESDAY, 7 MAY 2025
Channel Capital has launched an open-ended, semi-liquid investment solution providing Australian wholesale investors access to Apollo's asset-backed finance strategies. The strategy benefits from a "flexible" investment mandate and multiple origination ...

Platinum to lose $1bn mandate

JAMIE WILLIAMSON  |  TUESDAY, 6 MAY 2025
... in the May numbers. In April, Platinum saw net outflows of about $243 million, including $215 million from the Platinum Trust Funds. The balance was the result of market movements. The mandate loss follows the news that Platinum is seriously considering ...

HMC Capital progresses re-tenancy of Healthscope hospitals

KARREN VERGARA  |  TUESDAY, 6 MAY 2025
... Unlisted Fund (UHF). In 2023, the group acquired the Healthscope hospitals for $1.2 billion. NYSE-listed Medical Properties Trust offloaded all its interest to HMC in the 11 private hospitals leased to Healthscope. In early March, HCW and UHF issued ...

Magellan sees $1bn monthly outflows

ELIZA BAVIN  |  TUESDAY, 6 MAY 2025
... partnerships that will add value to the group, its clients and shareholders. "We know that our success is dependent on the trust placed in us by our clients, a trust we do not take lightly," he said. Magellan's new chief executive Sophia Rahmani commenced ...