Today
- Exclusive
- Investment banking
AMP Capital dodges vote on $1.3b fund
An independent committee is sand-bagging an attempt by Morrison & Co, Plenary Group or Palisade Investment Partners to hijack the Community Infrastructure Fund.
- 1 hr ago
- Michael Roddan
‘Straight shooter’ to clean up AMP Capital’s culture
Former colleagues describe Shawn Johnson as a warm, trusted executive with a knack for settling disputes and avoiding even the hint of poor behaviour.
- 1 hr ago
- Richard Henderson and Aleks Vickovich
CA ANZ gender pay gap claims slammed by ex-chairman
Tony Harrington has called on the body to issue an apology for the ‘misleading’ and ‘publicity-seeking’ exercise.
- 1 hr ago
- Myriam Robin
- Exclusive
- Super wars
Badly behaving industry funds to be punished twice
The prudential regulator has privately warned super funds that charging members to amass reserves for financial penalties will hurt fund performance ratings.
- 1 hr ago
- Michael Roddan
- Exclusive
- Bonds
Citi strategist warns of trouble for financial markets
The highly regarded Matt King says global equity markets have reached their peak, ‘at least for this round’, and predicts volatility ahead as stimulus is wound back.
- 1 hr ago
- Karen Maley
New digital bank set to target essential workers
Hiver, which will become the fifth bank brand for Teachers Mutual, wants to attract the nurses, emergency workers and teachers in the coronavirus front line.
- 1 hr ago
- James Eyers
Yesterday
APG hitches ride with IFM Investors in WestConnex showdown
The Dutch pension fund is back for another bite at the valuable NSW motorways developer and owner.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
Sweet dreams: Goldman Sachs finds buyers for Honey New Zealand
Those private equity buyers itching to reach into their honey-pots to put some capital to work need to look no further.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
Perennial reloads pre-IPO coffers, targets up to $200m
The equities investor is restocking its pre-float investment war chest with a new raising for its highly-successful private-to-public strategy.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
PE-backed trucking business merges with logistics rival
Private equity firm Redwood North is refuelling at the truck stop.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
PEXA says biggest prize is in the UK
Expansion into the UK, where the addressable market is more than 2½ times larger than the Australian market of $280 million, is one of PEXA’s major growth planks.
- Simon Evans
CS small caps analyst off to buy side
Credit Suisse director and small caps equities analyst Matthew Nicholas has jumped to the buy side, joining new Australian equities manager 1851 Capital.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
Two new directors at PEXA, prospectus lands
PEXA has recruited SCA Property Group and EML Payments director Kirstin Ferguson and Challenger director Melanie Willis to fill the final two positions on its board ahead of an ASX listing.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
This Month
PEXA appoints retail brokers for IPO
Morgans, Ord Minnett and Wilsons will start selling the company’s shares to retail brokers after being mandated for its float.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
The ASX kicked out this 10-bagger crypto unicorn
The Australian Securities Exchange has been vocal about its unease with all things crypto. But as more and more money is made, local investors want to know why they keep missing out.
- Jemima Whyte
ANZ hikes longer-term fixed rates
The big four bank raised its four- and five-year fixed rates by up to 45 basis points while trimming the rate offer for two-year loans.
- Michael Roddan
US fundie Shawn Johnson named AMP Capital CEO
Mr Johnson will replace Boe Pahari, who was demoted to head of infrastructure equity following shareholder and public backlash over his appointment.
- Aleks Vickovich
- Opinion
- Mergers & acquisitions
Keep schemes of arrangement in the courts
There are reforms that will improve mergers and acquisitions processes, but transferring jurisdiction over schemes of arrangement to the Takeovers Panel is not among them.
- Tony Damian and Andrew Rich
- Opinion
- Chanticleer
Afterpay’s late fees anomaly
As the company has taken the buy now, pay later model to the world, its flexible bad debt strategy has put the spotlight on glaring regulatory anomalies.
- Tony Boyd
Quadrant PE to pull trigger on Superior Food sale post PFD decision
The move follows the competition regulator’s decision to approve Woolworths’ entry into the sector.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
