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Showing 841 - 850 of 3460 results for "Stake"

CALI names chief executive

CASSANDRA BALDINI  |  TUESDAY, 4 OCT 2022
The Council of Australian Life Insurers (CALI) has named Christine Cupitt as its inaugural chief executive. Cupitt, who will commence the role next January, joins after eight years at the Australian Banking Association (ABA) where she held various roles ...

Industry funding model discussion commences

JAMIE WILLIAMSON  |  FRIDAY, 30 SEP 2022
The government has released a discussion paper on the ASIC industry funding model, consulting on opportunities to simplify its design, possibly through the creation of new sub-sector definitions to make the apportioning of costs fairer. Treasury is ...

ASIC updates remediation rules

CHLOE WALKER  |  TUESDAY, 27 SEP 2022
The corporate regular has refreshed guidance on remediation activities, as it reveals close to $2 billion in redress remains unpaid. Over the past six years, ASIC has overseen at least $5.6 billion in remediation for an estimated seven million consumers ...

Equity Trustees wins AEMO mandate

CHLOE WALKER  |  FRIDAY, 23 SEP 2022
Australian Energy Market Operator (AEMO) Services has appointed Equity Trustees as financial trustee under the NSW Electricity Infrastructure Roadmap. The Roadmap, established by the state government, is working towards the goal of 12GW of new renewable ...

Ethereum merge: What it means for crypto

ANDREW MCKEAN  |  FRIDAY, 16 SEP 2022
Ethereum's long-awaited merge has been finalised, the US$180 billion cryptocurrency's upgrade to a proof-of-stake mechanism slashing its energy consumption by 99.95%. Explaining the merge, Labrys founder and chief executive Lachlan Feeney said: "The ...

Anton Tagliaferro announces retirement

JAMIE WILLIAMSON  |  WEDNESDAY, 14 SEP 2022
... Investors Mutual said, with the succession plan having kicked off in 2017 when Natixis Investment Managers acquired a majority stake in the value manager. In 2021, Damon Hambly was made chief executive of Investors Mutual, having been a director of the ...

Atlas Arteria ignores IFM opposition to latest deal

JAMIE WILLIAMSON, ANDREW MCKEAN  |  TUESDAY, 13 SEP 2022
... which runs the toll road, establishing a partnership with Ontario Teachers' Pension Plan. It's paid $2.9 billion for the stake, buying it from Canada Pension Plan Investment Board and OMERS Infrastructure. They both owned 33.33% alongside OTPP which ...

ASX to close on September 22

CASSANDRA BALDINI  |  TUESDAY, 13 SEP 2022
The ASX will close trading for both its equities (ASX Trade) and futures (ASX 24) markets next week to observe the National Day of Mourning for Queen Elizabeth II. In line with the government's announcement to commemorate Queen Elizabeth on September ...

Legendary US adviser backs Lumiant

JAMIE WILLIAMSON  |  TUESDAY, 13 SEP 2022
... Management. Savant has $13.5 billion in assets under management and, as Lumiant's first US customer, took a minority stake in Lumiant's US business. Its chief executive and founder Brent Brodeski now has a seat on Lumiant's board.

ESR, GIC launch third logistics partnership

CHLOE WALKER  |  MONDAY, 12 SEP 2022
The launch of EALP III further expands on ESR Australia's core plus logistics strategy with the sovereign wealth fund, with equity commitments of $600 million. EALP III is a follow-on of the pair's predecessor partnerships EALP I AND II, which have ...