ASX Announcements
December 2024
Grant Samuel delivers all but fatal blow to $2.2b Perpetual deal
The corporate advisory firm, assigned as an independent expert on the sale, said it was not in the best interest of investors.
- Lucas Baird
July 2024
- Exclusive
- Venture capital
Rich Chinese investors join $1b hunt for Aussie VC funds
A fund manager for rich Chinese investors is trying to raise $100m for venture capital investments, joining a crowd of operators trying to raise over $1 billion.
- Yolanda Redrup and Paul Smith
June 2024
Office synergies a no-go in Perpetual’s Pendal takeover
Pendal is moving offices. But not, funnily enough, into Perpetual’s.
- Myriam Robin
May 2024
Rio investors’ fear; Tesla slashes Oz jobs; Perpetual’s bigger story
Read everything that’s happened in the news so far today.
April 2024
Aussie MMA start-up quietly lists in the US after $9.9m raise
Manly-based Alta Group, which runs a mixed-martial-arts training platform, has debuted on the New York Stock Exchange after raising $US6.5 million.
- Tess Bennett
June 2023
Why investors are knowingly buying into an AI bubble
Investment in artificial intelligence has become very frothy, but that doesn’t mean it’s just another tech fad like blockchain or the metaverse, veteran investors say.
- John Davidson
Ex-Perpetual, MLC boss appointed to chair neo-broker Stake
Geoff Lloyd’s appointment comes as online stockbrokers shore up their corporate governance amid increasing regulatory scrutiny.
- Aleks Vickovich
January 2023
Lazard’s Australian equities fund tops Mercer’s 2022 performance table
Fund managers owning stocks like QBE and Rio Tinto in 2022 have dominated the returns tables.
- Tom Richardson
December 2022
10 long reads for the weekend
The Optus hack that woke up Australia; inside Paddington’s most expensive home; and the year funds management ate itself.
September 2022
Bargain-hunting opportunities for the brave
Taking a punt on the underlying assets of some listed investment companies is a strategy that could pay off, but there are risks in premium and discount distortions.
- Emma Rapaport
August 2022
- Opinion
- Chanticleer
Top lawyers reveal the big question hanging over deals
The recent flurry of merger and acquisition activity couldn’t have come too soon for deal makers. But in an uncertain world, the question of what is fair value looms large.
- Updated
- James Thomson
Stocks bounce may prove premature, warns Perpetual
The investment advice company’s deputy head of equities, Vince Pezzullo, says investors need to learn to live with persistently higher rates of inflation.
- Emma Rapaport
November 2021
Perpetual joins ETF ranks with ethical fund
“We’ve already got planning under way for a third and fourth ETF,” Perpetual executive Amanda Gillespie said.
- Lucas Baird
Behind Perpetual’s brave bet on WeWork
Once one of the world’s most richly valued start-ups, WeWork’s history has scared off investors. Thomas Rice is adamant the iconic company is on a redemption mission.
- Alex Gluyas
October 2021
- Opinion
- Chanticleer
Fundies navigate tough times as passive investing booms
Three leading fund managers have updated shareholders on their latest flows in a move that highlights their relatively weak performance.
- Tony Boyd
August 2021
- Opinion
- Chanticleer
What we learnt: Snoop Dogg eases Treasury’s Chinese burn
A celebrity friend helps Treasury build a second big brand; Perpetual rides the value recovery; and The Star looks north for growth.
- James Thomson
February 2021
- Opinion
- Fixed income
How to chase higher income without blowing up capital
Four key qualities to look for when researching a company, infrastructure or property trust to assess the sustainability of income.
- Mark Draper
Bitcoin a ‘vapour’: Perpetual boss Rob Adams
Reddit-driven moments of “madness” on the sharemarket will end in tears, according to active fund manager Perpetual’s chief executive Rob Adams.
- Michael Roddan
‘The easy money’s been made’: what to own when the stakes get higher
Perpetual Investments’ Vince Pezzullo says businesses like Qantas and Boral have shown a willingness to get in front of their COVID-19 demons.
- Vesna Poljak
July 2020
Perpetual buys US doppelgänger
Perpetual's transformational deal to buy Barrow Hanley has caught the attention of debt rating agency Moody's.
- Tom Richardson