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Showing 861 - 870 of 10539 results for "Close"

PGIM inks joint venture for 20 Bridge Street

JAMIE WILLIAMSON  |  THURSDAY, 13 FEB 2025
... Sydney CBD - currently home to the ASX. Bought via the PGIM Real Estate Asia Pacific value-add strategy, the building is close to Circular Quay and key transport, retail and hospitality services. It comprises more than 20,000 square metres of net lettable ...

SG Hiscock, Ruffer shutter funds

KARREN VERGARA  |  THURSDAY, 13 FEB 2025
... considered for portfolio inclusion," Morningstar said. Separately, Ruffer Total Return International - Australia Fund will close on April 17 for failing to reach sufficient scale to appropriately seek its investment return and income objectives given ...

Local family office backs new venture to invest in climate tech

ANDREW MCKEAN  |  WEDNESDAY, 12 FEB 2025
... technology ecosystem, a statement from Climate Tech said. Climate Tech Partners is nearing its $45 million target first close, with commitments of over $35 million including both an institutional investor and a corporate, set to be announced in the coming ...

Treasury consults on genetic test ban in life insurance

JAMIE WILLIAMSON  |  WEDNESDAY, 12 FEB 2025
The industry can now provide feedback on the proposed ban on the use of adverse genetic test results in life insurance, with Treasury commencing consultation today. Treasury has opened consultation on the complete ban, which was announced in September ...

Bravura delivers profit, pays special dividend

ELIZA BAVIN  |  WEDNESDAY, 12 FEB 2025
Bravura has delivered an underlying net profit of $11.3 million in 1H25, up $13 million compared to 1H24. Following the turnaround in financial performance, Bravura said it is now able to recommence dividend payments. In addition, a special dividend ...

Cbus faces fresh investigation over fund expenditure practices

ANDREW MCKEAN  |  TUESDAY, 11 FEB 2025
Cbus is under investigation by APRA for possible breaches of superannuation legislation, with the regulator announcing the probe alongside a court-enforceable undertaking to address the super fund's risk management and oversight of key fund services. ...

LGT Capital Partners named lead investor for $143m fund

ELIZA BAVIN  |  TUESDAY, 11 FEB 2025
Armitage Associates, an Australian lower-middle market, growth buyout manager, has closed a continuation vehicle (CV) with LGT Capital Partners as the lead investor. As part of the transaction, entities advised by LGT Capital Partners acquired stakes ...

Saxo Australia to rebrand after global takeover

MATTHEW WAI  |  TUESDAY, 11 FEB 2025
... delivering high-touch, high-quality service for self-directed retail clients," North added. The transaction is expected to close in the second half of 2025. Currently, more than 160 wealth managers and advisers across Africa, Europe and the UK use DMA ...

Convicted adviser banned over $2m theft

MATTHEW WAI  |  MONDAY, 10 FEB 2025
Former financial adviser Lachlan King has been permanently banned by ASIC for stealing close to $2 million in client funds, including family members. The banning took effect on February 5, with Queensland-based King currently in prison after being convicted ...

Keybridge Capital enters voluntary administration

ELIZA BAVIN  |  MONDAY, 10 FEB 2025
... restrictions around its future capital raising capability. The court battle between Keybridge and WAM has been ongoing for close to five years. In June 2020, Keybridge launched legal proceedings against WAM alleging it had improperly transferred 16 million ...