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Showing 791 - 800 of 3460 results for "Stake"

APRA restructures, appoints new executive directors

CHLOE WALKER  |  WEDNESDAY, 1 FEB 2023
APRA has made changes to the structure and responsibilities of its executive team, making several appointments including a new executive director, superannuation. Last year, APRA promoted Therese McCarthy Hockey and Suzanne Smith to the role of member. ...

Lendlease launches first BTR project in Australia

CHLOE WALKER  |  TUESDAY, 31 JAN 2023
Alongside Canadian real estate investment company QuadReal Property Group (QuadReal), Lendlease is set to deliver its very first build-to-rent residential apartment building in Brisbane, Queensland. Already, Lendlease has developed more than 2600 residential ...

Ethical, sustainable ETFs top $9bn

RACHEL ALEMBAKIS  |  FRIDAY, 27 JAN 2023
Ethical, responsible and sustainability themed ETFs crossed $9.2 billion in funds under management by the end of 2022, according to Betashares. Betashares says that by the end of 22, there were 52 ethical, responsible and sustainability-themed ETFs. ...

Sustainability reporting, biodiversity, social high on ASX agenda

RACHEL ALEMBAKIS  |  FRIDAY, 27 JAN 2023
"Future facing commodities" and the International Sustainability Standards Board (ISSB) accounting standards are the fastest rising topics of discussion in sustainability, while social issues are quickly rising to the fore with ASX-listed companies ...

Divestments impact Insignia FUMA

ANDREW MCKEAN  |  WEDNESDAY, 25 JAN 2023
... meaningful progress on execution of its transformation and simplification strategy as demonstrated by the sale of AET and its stake in JANA. "Our progress over the last quarter reflects our ongoing commitment to delivering consistent outcomes for our ...

JANA management buys out Insignia stake

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JAN 2023
... MLC. JANA and Insignia have entered into a binding share sale agreement for the former's management team to buy the 45% stake which MLC Wealth had owned since 2017 when JANA's management acquired 55%. The shareholding transferred to Insignia ...

Brighter Super revamps board structure

JAMIE WILLIAMSON  |  TUESDAY, 24 JAN 2023
Having maintained a 15-person board to oversee the integration of Energy Super and Suncorp's superannuation business, Brighter Super kicked off 2023 with a new board composition including a new appointment. As of this month, Brighter Super's ...

Generation Development Group inflows decline, FUM increases

ANDREW MCKEAN  |  TUESDAY, 24 JAN 2023
... to December 2022, GDG's FUM has achieved a compound annual growth rate (CAGR) of 26%. It was also reported that its 41% stake in Lonsec Holdings, which includes Lonsec Investment Solutions, has seen a substantial increase in FUM over the last 12 months. ...

Consultation opens on NALI amendments

CASSANDRA BALDINI  |  TUESDAY, 24 JAN 2023
The government has released a consultation paper outlining possible amendments to the non-arm's length income (NALI) provisions relating to superannuation funds. It explained a potential change to self-managed superannuation funds and small APRA-regulated ...

From strength to strength: GQG Partners

ANDREW MCKEAN  |  WEDNESDAY, 18 JAN 2023
... market cycle because clients are primarily concerned about risk-adjusted returns." The Australian IPO GQG listed a minority stake (20.1%) of the business on the ASX in October 2021. The initial public offering (IPO) price was set at $2 per share, implying ...