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Showing 1 - 10 of 494 results for "Wash"

Soul Patts records 'landmark' year after merger

MATTHEW WAI  |  THURSDAY, 24 SEP 2026
Washington H. Soul Pattinson (Soul Patts) saw its profit climb over 500% in the 12 months to July 31, as the ASX-listed manager continues to anticipate strong performance in the current financial year. Group statutory net profit after tax (NPAT) was ...

Pengana takes WAM feud over PIA to Takeovers Panel

KARREN VERGARA  |  WEDNESDAY, 2 SEP 2026
Pengana Capital Group is again attempting to thwart the Wilson Asset Management-led board's share buyback and increased ownership in the Pengana International Equities LIC (PIA), hoping the Takeovers Panel will intervene. Pengana is seeking to prevent ...

Sequoia revokes dividends, chief financial officer exits

RIDDHIMA TALWANI  |  MONDAY, 31 AUG 2026
... and regulatory matters relating to its wholly owned InterPrac Financial Planning subsidiary." Sequoia has been trying to wash its hands of InterPrac Financial Planning, which was caught in Shield and First Guardian collapses. ASIC had raised questions ...

Pengana threatens legal action against PIA

KARREN VERGARA  |  TUESDAY, 28 JUL 2026
Pengana Capital Group is threatening legal action against Pengana International Equities (PIA) - the Wilson Asset Management-led board LIC - after shareholders overwhelmingly backed a buy-back it objects to, alleging among other things, "material conflicts ...

New Forests expands US forestry footprint

VINNY VUCAGO  |  WEDNESDAY, 24 JUN 2026
New Forests has expanded its presence in North America after acquiring 44,200 acres of forestry assets in Washington State, marking a significant addition to the firm's growing US portfolio. The forestry assets, acquired from Campbell Global, are predominantly ...

Soul Patts to pocket $1.89bn from Brickworks divestment

VINNY VUCAGO  |  THURSDAY, 18 JUN 2026
Washington H. Soul Pattinson & Co is set to receive $1.89 billion after agreeing to divest its stake in Brickworks' industrial joint venture property trusts to Goodman Group, freeing up capital for future investment opportunities. The transaction will ...

Product Showcase: Calm in the chaos

THE FINANCIAL STANDARD TEAM  |  MONDAY, 1 JUN 2026
... companies. It's the wide margin between what a good company should be worth and how their valuation gets caught in the general wash that spurred MFS to launch its contrarian strategy in 2016. A year prior, the Chinese market bubble had burst in the ...

FEATURE | Emerging markets: Twists and turns

KARREN VERGARA  |  FRIDAY, 29 MAY 2026
On March 24, merely weeks into the US-Israel war on Iran, the Philippines became the first domino to fall when President Ferdinand Marcos Jr. declared a national energy emergency. The closure of the Strait of Hormuz, a critical maritime chokepoint ...

Super funds welcome UK's Supers Unit to push investments

RIDDHIMA TALWANI  |  TUESDAY, 12 MAY 2026
The Australian superannuation industry has welcomed the creation of a dedicated Supers Unit by the UK government, which will prove as a point of contact to help funds identify and progress investment opportunities in the UK. This follows a commitment ...

Government, super funds to increase UK collaborations

MATTHEW WAI  |  MONDAY, 20 APR 2026
Australia and the UK have signed an Investment Partnership to further unlock superannuation and pension capital investment, which will help to secure more "two-way" investment in jobs and industries, as well as strong returns for investors for both ...
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