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Investment

Australian Unity to acquire aged care facility provider

KARREN VERGARA  |  WEDNESDAY, 19 MAY 2021
Australian Unity flagged it will purchase a provider of boutique retirement villages with operations in Queensland and New South Wales for $65 million.

Apex ups ante on Mainstream bidding war

ANNABELLE DICKSON  |  WEDNESDAY, 19 MAY 2021
Mainstream has received an updated offer from Apex Group after it terminated discussions following a superior bid from SS&C.

New responsible agricultural fund seeks $300m

KARREN VERGARA  |  TUESDAY, 18 MAY 2021
An agricultural investment manager is launching a new fund to sophisticated investors that uses land restoration practices that combats carbon emissions and Australia's drought problem.

EFM appoints EQT on Aussie launch

ANNABELLE DICKSON  |  TUESDAY, 18 MAY 2021
EFM Asset Management is entering the Australian market and has appointed Equity Trustees as the responsible entity for its local offering.

IOOF awards $23bn passive mandate

JAMIE WILLIAMSON  |  TUESDAY, 18 MAY 2021
IOOF has handed a $23 billion index investing mandate to a global investment manager following Vanguard's decision to stop managing passive strategies for other institutions.

New Martin Gilbert vehicle strikes first deal

JAMIE WILLIAMSON  |  MONDAY, 17 MAY 2021
AssetCo, the new investment vehicle for the former co-chief executive of Aberdeen Standard, has made its first acquisition under its new business strategy.

BlackRock secures licence to operate in China

KARREN VERGARA  |  MONDAY, 17 MAY 2021
BlackRock has advanced its expansion into China, obtaining a licence from the local regulator to operate in wealth management via a joint venture.

Jarden gets market participant licence

KANIKA SOOD  |  FRIDAY, 14 MAY 2021
Jarden has been admitted as a market participant to the ASX and the Chi-X.

UBS shuts fund

KANIKA SOOD  |  FRIDAY, 14 MAY 2021
UBS Asset Management Australia is winding up the UBS-HALO Australian Share Fund.

James Murdoch launches SPAC

ELIZABETH MCARTHUR  |  FRIDAY, 14 MAY 2021
The son of Rupert Murdoch has filed papers to launch a US$300 million blank cheque company, which will focus on investing in Asia.