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Investment

AFM, PGIM announce exit from Qld retirement village developer

MATTHEW WAI  |  WEDNESDAY, 4 MAR 2026
Having first invested over $70 million in retirement village operator Aura in 2024, both Assembly Funds Management and PGIM have agreed an early exit from their positions.

Vanguard launches three new funds

ELIZA BAVIN  |  WEDNESDAY, 4 MAR 2026
Vanguard has launched two new ETFs and one managed fund with exposure to the S&P 500 in response to "clear demand" from investors.

Vanguard pays $40m in ESG antitrust lawsuit

JAMIE WILLIAMSON  |  TUESDAY, 3 MAR 2026
Vanguard will pay more than $40 million to settle a lawsuit brought by 13 Republican states that claimed it, along with BlackRock and State Street, sought to damage the US coal industry through climate activism.

Silvercrest AM expands into Australia, launches fund

ELIZA BAVIN  |  TUESDAY, 3 MAR 2026
The US-based wealth manager has appointed an APAC lead and launched a fund for wholesale clients in Australia.

MA Financial to realise $20m on aged care facility sale

MATTHEW WAI  |  MONDAY, 2 MAR 2026
ASX-listed MA Financial Group will sell the sole asset of its MA Aged Care Fund, delivering investors almost threefold returns.

Former IFM executives branch out, launch Black Kite Partners

KARREN VERGARA  |  MONDAY, 2 MAR 2026
Three former IFM Investors executives have launched Black Kite Partners, a private equity investment manager with backing from Scarcity Partners.

Magellan to merge with Barrenjoey for $906m

KARREN VERGARA  |  MONDAY, 2 MAR 2026
Magellan Financial Group will take its current 36% ownership in Barrenjoey Capital Partners all the way, inking a deal worth $906 million to merge the two firms.

US and Israel strike Iran: What it means for investors

ELIZA BAVIN  |  MONDAY, 2 MAR 2026
Negotiations between the US and Iran over Iran's nuclear capabilities have hit breaking point, with the US and Israel launching joint strikes over the weekend.

Victory Capital makes 'best-of-both-worlds' offer for Janus Henderson

RIDDHIMA TALWANI  |  FRIDAY, 27 FEB 2026
Victory Capital, the $323.2 billion NASDAQ listed asset manager, has made another takeover bid for Janus Henderson, providing a higher value offer than Trian Fund Management.

WT Financial Group focuses on B2B strategy as profits grow

MATTHEW WAI  |  FRIDAY, 27 FEB 2026
WT Financial Group, the ASX-listed financial advice group, saw its net revenue increase 17.8% to $15.4 million in the first half of FY26, as it continues to grow its Hubco and Investco strategy.