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Showing 671 - 680 of 9739 results for "Major"

Growthpoint sells down majority stake in six industrial assets

KARREN VERGARA  |  TUESDAY, 1 OCT 2024
NASDAQ-listed alternatives fund manager TPG will acquire a major stake in six assets of Growthpoint Properties Australia's industrial and logistics portfolio. Terms of the agreement will see the US fund manager's subsidiary TPG Angelo Gordon ...

Carnegie's MHC Digital, Circle target local stablecoin push

ANDREW MCKEAN  |  TUESDAY, 1 OCT 2024
Venture capitalist Mark Carnegie's MHC Digital Group and fintech Circle have teamed up on a plan to ramp up USDC stablecoin distribution in Australia and Asia Pacific, exploring institutional use cases. USDC is a fully reserved stablecoin, with over ...

Fund manager splashes $240m on AZ NGA

KARREN VERGARA  |  TUESDAY, 1 OCT 2024
... will help AZ NGA further expand its reach as its growth and succession partner, taking over the reins from Azimut as the major shareholder. AZ NGA chief executive Paul Barrett said: "With strong momentum to-date and an attractive pipeline of M&A opportunities ...

ACCC approves Lendlease, Stockland property deal

ANDREW MCKEAN  |  FRIDAY, 27 SEP 2024
... as a result of the proposed acquisition," Williams said. The ACCC is confident the proposed acquisition won't stir up any major competition concerns elsewhere. In an ASX announcement, Lendlease acknowledged the ACCC green light for the sale of its 12 ...

Acadian, Yarra among most commonly used external managers by super funds

ANDREW MCKEAN  |  THURSDAY, 26 SEP 2024
Every APRA-regulated super fund uses external investment managers; these are the most popular ones in traditional public asset classes, according to a Morningstar report. For Australian equities, the top managers by funds under management are IFM Investors ...

Global X launches latest global equity ETF

MATTHEW WAI  |  THURSDAY, 26 SEP 2024
Global X has brought to the Australian market the first index-based 'Growth at a Reasonable Price' ETF. The Global X S&P World Ex-Australia GARP ETF (GARP) tracks the S&P World ex Australia GARP Index, holding 250 companies, and charges a management ...

Family office, KKR buy up regional Queensland airports

JAMIE WILLIAMSON  |  THURSDAY, 26 SEP 2024
The Infrastructure Fund (TIF), Australian Retirement Trust (ART) and State Super have offloaded Queensland Airports to private equity giant KKR and Atlassian co-founder Scott Farquhar's family office, Skip Capital. Queensland Airports comprises Gold ...

Soul Patts sees profits slide 28%

ELIZA BAVIN  |  THURSDAY, 26 SEP 2024
... from $609.7 million in FY23 to $498.8 million in FY24. The fall was attributed to lower profits from some of the group's major holdings in New Hope and Brickworks in its strategic portfolio. Despite the profit slide, investors will receive a fully franked ...

AustralianSuper appoints first chief liquidity officer

ELIZA BAVIN  |  THURSDAY, 26 SEP 2024
... AustralianSuper chief investment officer Mark Delaney said the appointment is a significant step forward in the fund's evolution as a major global investor. "Chandu brings an enormous amount of experience to the fund and is yet another example of how ...

ASX hunts new chief risk officer

MATTHEW WAI  |  TUESDAY, 24 SEP 2024
... Treleaven was especially instrumental in ensuring the ASX's operational resilience through the pandemic. He also spearheaded major regulatory response programs. "I am grateful for the contribution Hamish has made and I am pleased he will continue to ...