Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Investment

Federation AM invests in Astris Advisory

KARREN VERGARA  |  WEDNESDAY, 3 JUL 2024
Federation Asset Management has taken a stake in Japanese financial services firm Astris Advisory Japan K.K. for an undisclosed amount.

Channel Capital, Arnott Capital set up strategic partnership

ANDREW MCKEAN  |  WEDNESDAY, 3 JUL 2024
Channel Capital and Arnott Capital have formed a strategic partnership to support business growth and optimise operational efficiencies.

Aviva exits Australia, shutters fund

KARREN VERGARA  |  TUESDAY, 2 JUL 2024
Aviva Investors is shuttering its Australian office and moving operations offshore as it also terminates its strategy, the Multi-Strategy (AIMS) Target Return Fund.

Panel declares 'unacceptable circumstances' for Sequoia

KARREN VERGARA  |  TUESDAY, 2 JUL 2024
The Takeovers Panel declared that rogue shareholders, which include Glennon Capital, seeking to gain control of Sequoia Financial Group were not transparent about their relationship and breached substantial shareholder laws.

Corporate borrowing hits all-time high despite interest rates

ANDREW MCKEAN  |  MONDAY, 1 JUL 2024
The world's largest listed companies took on US$378 billion of net new debt last financial year, driving corporate debt to an unprecedented US$8.18 trillion, according to Janus Henderson's latest corporate debt index.

BlackRock acquires Preqin in $4.8bn deal

ELIZA BAVIN  |  MONDAY, 1 JUL 2024
BlackRock will acquire Preqin in a US$3.2 billion cash deal, a move it says will transform its private markets capabilities.

New boutique launches private debt fund

ELIZA BAVIN  |  MONDAY, 1 JUL 2024
Newly established boutique Nero Private has launched its first private debt fund.

Stafford Capital wins $569m mandate

ELIZA BAVIN  |  MONDAY, 1 JUL 2024
The newest mandate comes after Stafford recently announced a $220 million agreement with First Super.

Australian Retirement Trust acquires major stake in industrial estate

ANDREW MCKEAN  |  FRIDAY, 28 JUN 2024
Mirvac finalised the sale of the Aspect South Industrial precinct in Sydney to the Mirvac Industrial Venture (MIV), with Australian Retirement Trust (ART) acquiring a 49% interest, bringing its total expected value to $1 billion.

ETF price war heats up

ANDREW MCKEAN  |  FRIDAY, 28 JUN 2024
Leading exchange-traded product (ETP) investment managers - Vanguard, Betashares, BlackRock, and VanEck - which command about 70% of the Australian market, reduced their asset-weighted fees by 8% in the 12 months to March, according to Rainmaker Information.