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Investment

QIC inks PRP, TEEG deals

JAMIE WILLIAMSON  |  TUESDAY, 14 FEB 2023
QIC has secured loans in PRP Diagnostic Imaging (PRP) and The Entertainment and Education Group (TEEG), saying private debt is "one of the steadier ships for investors to sail on".

Challenger reports strong results

ANDREW MCKEAN  |  TUESDAY, 14 FEB 2023
Challenger had an increase in net profit before tax despite a significant drop in statutory net profit after tax due to negative market movements.

Reporting season may prove dramatic: UBS

CASSANDRA BALDINI  |  TUESDAY, 14 FEB 2023
Ongoing rate hikes will add a little drama to this year's reporting season; however, experts say things might be looking up for active stock pickers.

Praemium extends partnership with largest client

CHLOE WALKER  |  TUESDAY, 14 FEB 2023
Praemium's wholly owned subsidiary Powerwrap has renewed its partnership with Escala Partners for a further six years.

Lazard Asset Management slashes fund fees

CHLOE WALKER  |  MONDAY, 13 FEB 2023
From April, the global investment giant will reduce the management fee on two of its Australian equity funds for both institutional and retail share classes.

Jameson TTB, ANZ partner to deliver housing project

CASSANDRA BALDINI  |  MONDAY, 13 FEB 2023
The fund manager is providing $5.4 million, while the banking giant is dropping $9.25 million on the project.

Things to watch this reporting season: Morningstar

ANDREW MCKEAN  |  MONDAY, 13 FEB 2023
As the Reserve Bank of Australia (RBA) continues to hike rates, the market should brace for a potential slowdown in 2023, Morningstar says.

Pengana offloads Lizard Investors stake

CHLOE WALKER  |  FRIDAY, 10 FEB 2023
Pengana Capital Group has agreed to divest its 65% direct equity stake in Chicago-based asset management firm Lizard Investors (Lizard).

Assets under custody stagnant: Data

CASSANDRA BALDINI  |  FRIDAY, 10 FEB 2023
Total assets under custody in Australia have seen marginal growth in the six months to December end, however they've barely budged since last year.

Sun Venture makes first purchase down under

CHLOE WALKER  |  FRIDAY, 10 FEB 2023
The Singaporean investment giant has acquired 50 Miller Street in North Sydney for $148 million, following an expressions of interest campaign in Q3 of last year.