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Showing 61 - 70 of 6330 results for "cash"

arcpoint OCIO scores more mandates, Larapinta Private launches

KARREN VERGARA  |  TUESDAY, 7 JUL 2026
Recently launched arcpoint OCIO has won three mandates including securing wealth manager and family office Larapinta Private, a new venture set up by a former Koda Capital partner. Founded by Troy Armstrong, Larapinta Private caters to Australia's ...

Netwealth expands Morgan Stanley mandate

KARREN VERGARA  |  TUESDAY, 7 JUL 2026
... provide a single technology, execution and administration platform for listed securities, managed accounts, managed funds, cash and term deposits. Clients will access consolidated portfolio, performance and tax reporting. Netwealth chief executive and ...

Super funds to reap returns from $2.2bn biotech exit

RIDDHIMA TALWANI  |  TUESDAY, 7 JUL 2026
... date, Brandon Capital has raised more than $1.4 billion across six funds from investors. The transaction includes an upfront cash payment of US$1.1 billion ($1.6bn) plus potential milestone payments. Myricx Bio is a UK-headquartered oncology company ...

AUSIEX launches cash account for advisers

RIDDHIMA TALWANI  |  TUESDAY, 7 JUL 2026
AUSIEX has launched a cash account to help financial advisers manage client cash seamlessly alongside trading accounts. The account is designed to simplify and streamline cash management, accelerate funding and settlement, improve visibility and control ...

MySuper provides consistent returns for members: Rainmaker

MATTHEW WAI  |  FRIDAY, 3 JUL 2026
... May, supporting a full recovery. As a result, a member with a balance of $100,000 at the start of July 2025 that switched to cash at the start of April 2026, following the March dip, would be over $5000 worse off by financial year end, compared to if ...

WT Financial bets on scaling advice practices

RIDDHIMA TALWANI  |  THURSDAY, 2 JUL 2026
... financial services firm's strategy to help high-quality advice practices scale. For the sale, it will receive $450,000 in cash, 426,800 new TAG shares for $1.63 per share as well as $1.5 million vendor finance provided by it to TAG. WT Financial ...

Perpetual rejects $2.5bn takeover offer

ELIZA BAVIN  |  THURSDAY, 2 JUL 2026
... which valued the firm at $2.5 billion. The "unsolicited, non-binding, conditional and indicative proposal" was for $21.64 cash per share, representing a 40% premium to Perpetual's closing price on Tuesday prior to announcing it had received the offer. ...

Euroz Hartleys sells capital markets arm to Canada's BMO

RIDDHIMA TALWANI  |  TUESDAY, 30 JUN 2026
Euroz Hartleys has sold its capital markets business to Canada's BMO Financial Group (BMO) for $145 million in an all-cash deal. The divestment will allow the ASX-listed wealth firm to be a standalone pure-play private wealth business, it said. Both ...

Super the backbone of stressed financial ecosystem: APRA

MATTHEW WAI  |  TUESDAY, 30 JUN 2026
... thresholds indicated high liquidity stress on their portfolios. They also observed an abundance of members switching from non-cash options into cash options, which amounted to between about 8% and 15% of net assets of funds, varying based on different ...

Payday Super to tackle gender super gap: Aware Super

KARREN VERGARA  |  MONDAY, 29 JUN 2026
Payday Super will help tackle the gender superannuation gap and significantly help women who have historically lost contributions via gaps created by quarterly payment cycles, according to Aware Super. The $245 billion super fund is ushering in the ...