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Showing 771 - 780 of 2487 results for "SPAC"

Super fund ups stake in renewable company

KARREN VERGARA  |  FRIDAY, 26 MAR 2021
A $55 billion super fund has upped its stake into renewable energy company Powering Australian Renewables (PowAR) for an undisclosed figure. Hostplus has increased its investments in PowAR, which operates wind and solar generation. The super fund said ...

Zero rates causing risky business: Pengana

ANNABELLE DICKSON  |  WEDNESDAY, 24 MAR 2021
Speaking at the Sydney leg of Financial Standard's Adviser Big Day Out tour, Pengana Capital equity analyst Ryan Fisher said near zero-interest rates is perpetuating the rich getting richer and the poor getting poorer. "The zero-interest rate policy ...

Rainmaker reveals 2021 AAA super products

JAMIE WILLIAMSON  |  TUESDAY, 23 MAR 2021
Of the 692 superannuation products reviewed by Rainmaker, 29% have received a AAA Rating for 2021, with 11 offerings added to the list. Rainmaker looked at 692 products from 178 superannuation funds for its annual assessment. In analysing the offerings ...

Industry fund chief steps down

KARREN VERGARA  |  TUESDAY, 23 MAR 2021
An $11.5 billion superannuation fund's chief executive will exit to lead a fintech, which is in the process of merging with the former Sargon Capital, now Certane Group. Mine Super chief Harry Mitchell will step down after nearly five years at the ...

Industry fund appoints property mandate

ANNABELLE DICKSON  |  MONDAY, 22 MAR 2021
The investment manager of $59 billion industry fund Cbus has appointed Multiplex to construct a $300 million commercial property development in Adelaide. Cbus Property partnered with the South Australian government to develop a building at 83 Pirie ...

AMP Capital fights for fund

ELIZA BAVIN  |  WEDNESDAY, 17 MAR 2021
AMP Capital is not giving up in the fight to keep its $5 billion AMP Capital Diversified Property Fund (ADPF), despite an independent board committee recommending the takeover proposal from Dexus. AMP Capital said while it has acknowledged the decision ...

eToro combines with SPAC, plans to list

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 MAR 2021
Investment platform eToro has entered a business combination with a special purpose acquisition company (SPAC) and revealed plans to list on the NASDAQ. eToro will merge with NASDAQ listed FinTech Acquisition Corp (FTCV), entering into a definitive ...

JANA hires from NYSE

ANNABELLE DICKSON  |  TUESDAY, 16 MAR 2021
The asset consultant has appointed a head of technology and operations from the New York Stock Exchange as it builds out its digital transformation team. Ann-Mary Rajanayagam spent over four years at the NYSE as a program manager in equities, options ...

Alphinity portfolio manager resigns

KANIKA SOOD  |  TUESDAY, 16 MAR 2021
One of the four portfolio managers for Alphinity Investment Management's global equities fund has resigned. Lachlan MacGregor co-managed the Alphinity Global Equity Fund with Jonas Palmqvist, Jeff Thomson and Nikki Thomas. He joined the firm in ...

BetaShares targets HNW market with new role

ELIZA BAVIN  |  TUESDAY, 16 MAR 2021
BetaShares has announced a new appointment to a newly created role targeting the high-net-worth market. Tony Pattison has been named as head of high net worth groups and will be responsible for leading BetaShares' activities in the private bank, family ...