Yesterday
Singapore’s richest clan in crisis over public father-son feud
Even by the standards of Asian succession dramas, the family feud raging at the Kwek dynasty, who run Singapore’s biggest listed developer, is striking.
February
Larry Fink’s idea could revolutionise private markets
As ASIC prepares to release its big report into the blurring of the lines between public and private markets, a global giant is plotting a revolution.
Larry Fink says 30-year fixed rate mortgages could change Australia
The BlackRock CEO says 30-year fixed rate mortgages could supercharge Australian economic growth and dynamism. And he knows who can back the idea.
Gina Rinehart revealed as owner of $2b US stock portfolio
The country’s richest person has bought stocks linked to Trump, Musk and Murdoch, plus, some of her pet projects.
BlackRock adds its name to the bidder pile at $2b-plus Zenith Energy
BlackRock is up against a heaving bidder field including KKR, Kiwi infrastructure investor Morrison, EQT Partners and Morgan Stanley Infrastructure Partners.
Macquarie pivots to private credit, shutters US debt business
The financial services giant will no longer provide traditional loans in the US, having exited the market in Europe. It wants to focus on private credit.
January
Can sustainable investing survive Trump 2.0?
The political backlash against ESG has intensified — but the sector is evolving.
Why a 1.4pc return is great news for the office market
Mirvac Wholesale Office Fund, which owns Quay Quarter Tower and the former AMP building, delivered positive returns for the final quarter of 2024.
Business must maintain courage of climate convictions
The political attacks on ESG make it more challenging for businesses to put their heads above the parapet and support climate action.
Pension funds dabble in crypto after massive bitcoin rally
Most pension funds have turned to the regulated US exchange-traded funds approved last year, which invest directly in crypto on investors’ behalf.
Wall St bankers ‘feels liberated’ in MAGA land
Tech billionaires, financiers and the leaders of some of the best-known US consumer groups are rushing to adjust to a more conservative zeitgeist.
Climate heat is still on investors despite BlackRock’s net zero exit
Investor climate initiatives can and should play a role in stewarding the economy but have so far failed to bring real-world emissions into line with global goals.
Macquarie, IFM-backed net zero group suspends itself as Trump looms
The world’s biggest climate finance alliance cited “different regulatory and client expectations” in starting a review and making its membership list secret.
Metrics to call Martin Place home amid private credit boom
One of Australia’s largest non-bank lenders will swap a heritage-listed boutique office in North Sydney for a place in the Sydney CBD.
Sydney’s financial power base to expand towards Circular Quay
BlackRock’s arrival, alongside a string of high-powered law firms, signals the revival of the AMP building. But there’s plenty of life left in the stalwarts.
December 2024
The 10 most memorable Lunches with the AFR of 2024
From Young Rich Listers to BlackRock’s chief strategist and Donald Trump’s former daily intelligence briefer. These were the 10 most read Lunches with the AFR in 2024.
The new world order looks like mercantilism
The chaotic politics of the past 16 years masked the steady development of a new economic order, but trade and the economy aren’t zero-sum games.
November 2024
Buffett’s $499b cash hoard is an early warning signal
The Berkshire Hathaway chief executive does not claim to be an expert at market predictions, but he knows when stocks are overpriced.
October 2024
BlackRock buys blood bank and pharmaceutical lab for new platform
BlackRock and local fund manager Wentworth Capital have acquired two properties in Sydney as seed assets for a $1.5b life sciences fund.
Can BlackRock land HPS, the whale of private credit?
Scott Kapnick is closing in on a transformational transaction for the private credit firm he founded less than two decades ago.