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Investment

Aussies place 17th for crypto profits

CHLOE WALKER  |  FRIDAY, 22 APR 2022
Australian investors realised gains just over US$2.1 billion last year, according to Chainalysis' latest report.

Challenger expects to reach full-year profit guidance

ANDREW MCKEAN  |  FRIDAY, 22 APR 2022
Despite a dip in funds under management (FUM), Challenger expects to be toward the upper end of its full-year profit guidance range.

Gordon Brothers receives financing from CPP Investments

ELIZABETH MCARTHUR  |  FRIDAY, 22 APR 2022
Gordon Brothers has had a US $300 million cash injection from Canada Pension Plan Investment Board (CPP Investments).

Contango signs distribution deal, flags rebrand

JAMIE WILLIAMSON  |  THURSDAY, 21 APR 2022
Contango Asset Management has entered into a distribution agreement with a newly launched private credit manager launched by the former chief investment officer of Merricks Capital. It has also signalled its intention to rebrand.

HESTA confirms bid for Ramsay Health Care

ANDREW MCKEAN  |  THURSDAY, 21 APR 2022
Industry super fund HESTA has announced it is part of a consortium led by KKR to acquire all the issued share capital of Ramsay Health Care.

Australia's first-ever Bitcoin ETF to launch next week

ANDREW MCKEAN  |  WEDNESDAY, 20 APR 2022
Australia's first bitcoin exchange-traded fund (ETF) is expected to list on the Cboe Australia platform as soon as next week.

Stock picking dominant source of alpha: Research

JAMIE WILLIAMSON  |  TUESDAY, 19 APR 2022
Stock picking is the main source of alpha in about 90% of institutional portfolios, a research firm has found.

AMP confirms sale talks with Dexus

ANDREW MCKEAN  |  TUESDAY, 19 APR 2022
In response to unremitted market speculation, AMP has confirmed that it held discussions with multiple parties, including real estate investment trust Dexus.

Coombes Property Group adds to industrial portfolio

CHLOE WALKER  |  TUESDAY, 19 APR 2022
Sydney-based developer Coombes Property Group (CPG) has made its first major acquisition in the industrial sector after the purchase of a large site near Sydney Airport for just over $25 million.

Heritage Bank, People's Choice proceed with merger plans

CHLOE WALKER  |  TUESDAY, 19 APR 2022
The banks are moving forward with plans to merge following a rigorous due diligence process.