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Showing 841 - 850 of 13325 results for "PROP"

Payton Capital welcomes head of credit

ELIZABETH FRY  |  THURSDAY, 20 FEB 2025
Payton Capital has recruited a key executive to support its aggressive growth plan following its acquisition by ASX-listed alternative asset manager HMC Capital. Michael Golinelli's appointment as head of credit is a key part of Payton Capital's ...

Colonial First State loses private markets manager

ELIZABETH FRY  |  THURSDAY, 20 FEB 2025
Colonial First State has confirmed the departure of the senior manager responsible for unlisted investments within the fund's multi-asset team. The financial services giant said Daniel Cheang's last day with the firm was February 14. Cheang's ...

BUSSQ handed stricter licence conditions by APRA amid appeal

ANDREW MCKEAN  |  THURSDAY, 20 FEB 2025
After the Federal Court threw out BUSSQ's bid to overturn the regulator's additional licence conditions, the super fund is gearing up for another fight. APRA said the imposition of the additional licence conditions on BUSSQ are to safeguard ...

ASIC proposes further breach reporting relief

ANDREW MCKEAN  |  WEDNESDAY, 19 FEB 2025
ASIC is proposing additional relief for financial services businesses, which would scrap the need to report minor or technical breaches that don't result in a financial loss. The relief is intended to ease the compliance load on financial services ...

AustralianSuper warns outdated tax laws will hurt returns

ANDREW MCKEAN  |  WEDNESDAY, 19 FEB 2025
AustralianSuper has called for a modernised tax system, warning that without reform super funds will at the very least be bogged down by complexity and compliance costs - and likely left at a competitive disadvantage that could drag on returns. In its ...

Dexus delivers profit, flags 'turning point'

ELIZA BAVIN  |  WEDNESDAY, 19 FEB 2025
Dexus delivered a statutory net profit after tax of $10.3 million in the six months to 31 December 2024 - a major change compared to the $597.2 million net loss after tax in HY24. Dexus chief executive Ross Du Vernet said the group had progressed its ...

Oaktree offers Star $650m lifeline

ELIZA BAVIN  |  TUESDAY, 18 FEB 2025
Oaktree Capital has offered Star Entertainment a debt financing proposal to provide $650 million in two debt facilities with a term of five years. The proposal is subject to numerus conditions, including a comprehensive security package and intercreditor ...

Partners Wealth Group appoints new head of Partners Private

ANDREW MCKEAN  |  MONDAY, 17 FEB 2025
Partners Wealth Group has appointed a new head of its wholesale investments business, Partners Private. The wealth management firm named Fraser Herd to oversee the development and expansion of its private investment opportunities for clients and partner ...

Fiducian FUMAA swell to $14.4bn

KARREN VERGARA  |  MONDAY, 17 FEB 2025
Fiducian Group reported an 11% increase in funds under management, administration, and advice (FUMAA) to $14.4 billion thanks to improved inflows and the steady rise of the financial markets. The funds management business saw assets grow by 16% in the ...

Perpetual receives fresh KKR bid

ELIZA BAVIN  |  MONDAY, 17 FEB 2025
Perpetual confirmed it has received a fresh bid from KKR for the acquisition of its wealth management and corporate trustees businesses, after the deal sat on the backburner for two months. Perpetual said it was considering the revised offer, but did ...