ASX Announcements
October 2024
2024’s most powerful and influential directors revealed
As AGM season gathers pace, the BOSS index of the country’s most powerful and influential directors reveals a new cohort rising through the ranks.
- Patrick Durkin
Odyssey launches $277m block trade in AUB Group; Barrenjoey on ticket
The PE firm used Rothschild to help pick between investment banks on Wednesday evening.
- Sarah Thompson, Kanika Sood and Emma Rapaport
September 2024
Equities desks sound investors for Odyssey’s $280m stake in AUB Group
Street Talk can reveal two investment banks were sounding out investors for $280 million worth of AUB stock held by US private equity firm Odyssey Investment Partners.
- Sarah Thompson, Kanika Sood and Emma Rapaport
July 2024
This young exec wants to make sure his parents’ sacrifice was worth it
Gurbaj Pawar is one of the 2024 BOSS Young Executives. He is head of strategy and projects at insurance broker network AUB Group.
- Sally Patten
May 2024
Allens, G+T tapped for $200m AUB Group acquisition raise
Macquarie Capital’s equity desk hit the phones on Wednesday morning, chasing down fresh equity to fund the insurer’s acquisition of Pacific Indemnity.
- Sarah Thompson, Kanika Sood, e and Emma Rapaport
December 2023
Why First Sentier ‘really likes’ Pro Medicus
Portfolio manager Alison Thai is backing the technology company despite its high valuation and explains why she is sticking with Megaport, even after a recent negative surprise.
- Joanne Tran
July 2023
Worker rehabilitation business up for sale; Greenstone on ticket
No doubt Greenstone’s first port of call would be deal-hungry trade players, looking for market share.
- Sarah Thompson, Kanika Sood and Emma Rapaport
May 2023
- Opinion
- Chanticleer
Inflation winner cashes in on demand for discounted stock
The insurance brokers get the benefit of rising insurance premiums without exposure to an increasing cost of claims. And they’re being richly rewarded.
- Anthony Macdonald
April 2023
This fund manager says it’s time to start buying small caps
IFM Investors’ Anita Costa, a portfolio manager on the firm’s $43.7 billion listed equities team, says conditions are ripe for smaller companies.
- Joanne Tran
March 2023
Why investors are swapping banks for insurers
Analysts say the momentum within the financials sector has shifted from the big four to the insurers.
- Emma Rapaport
November 2022
What investors need to look for in small-cap wreckage
If the bears are right, then stocks can go lower in 2023. But cashed-up investors will find rich pickings. When the turn comes, it will be fast and large.
- Tony Featherstone
May 2022
AUB deal shows cheap stock never out of fashion
Hats off to AUB Group for printing the year’s first chunky underwritten equity financing package for an M&A deal on Monday.
- Anthony Macdonald, Sarah Thompson and Kanika Sood
AUB in $350m raising for UK acquisition; Mac, GS on deal
Listed insurance aggregator AUB Group Limited was in front of fundies on Monday with a $350 million raising.
- Anthony Macdonald, Sarah Thompson and Kanika Sood
April 2022
AUB lines up funding for British acquisition
Listed insurance aggregator AUB Group Limited is understood to be doing the rounds to line up funding as word gets out on the acquisition it’s been sussing out.
- Anthony Macdonald, Sarah Thompson and Kanika Sood
February 2022
All the profit results for February 22, 2022
Results briefing | News and analysis on today’s profit results from Alumina, AMA Group, ARB, AUB, Cochlear, Coles, Costa, Deterra, Estia, G8 Education, HomeCo Daily Needs, Hub24, Humm, Ingenia, Johns Lyng, Jumbo Interactive, Judo Bank, Macquarie Telecom, Macmahon, Monadelphous, Nanosonics, Perenti, RAM Essential, Regis Resources, Seven Group, Superloop, Uniti, Virtus, Whispr. Find updated reports and analysis here.
- Updated
- Andrew Hobbs
September 2020
AUB Group taps PwC for allied health unit retreat
The insurance broker-network owner is stepping up its retreat from allied health investments to refocus on its core business of arranging insurance policies.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
June 2020
Buy, hold sell: AUB Group, McPherson's, Metcash, Pacific Current Group
Small-caps can provide dividends to help you offset some of those potential income losses from other parts of your portfolio. These are the ones fund managers are buying, holding and selling.
March 2020
As outbreak rages, a value investor practices calm
Nathan Hughes, who represented Australia at Joeys level, found his other life's calling in the works of Peter Lynch and Philip Fisher.
- Vesna Poljak
February 2020
AUB splashes $275m on two acquisitions
Insurance broking group buys Adelaide broker MGA Whittles and takes a 40 per cent stake in online insurance broker BizCover.
- James Fernyhough
August 2019
Pemba Capital Partners in court fight with its Coverforce
A legal dispute between PE firm Pemba Capital Partners and one of the companies it owns has its origins in the sale of Suncorp's insurance broker Resilium.
- Sarah Thompson and Anthony Macdonald