December 2023
- Opinion
- Managed funds
The ‘alpha’ edge: three fund management success stories
With the advent of the $3.5 trillion in compulsory savings via superannuation, Australia has become a breeding ground for some of the best investment talent on the planet.
- Christopher Joye
February 2023
- Exclusive
- ETFs
The ETF price war is on as Betashares slashes fees on popular product
The change follows a decision by BlackRock to cut charges on its own local ETF offerings amid intense competition and as investors become more price sensitive.
- Updated
- Joanne Tran
This is how you can make money off the energy transition
The two questions investors need to consider is how much risk and how much fossil fuel exposure they’re willing to take on.
- Lucy Dean
December 2022
- Analysis
- Russia-Ukraine war
The fund manager, the activist and the Ukrainian kids they rescued
A dozen visually impaired children in need or urgent medical care owe a better Christmas to BetaShares’ Alex Vynokur and aid worker Sally Becker, who decided to get them out of war-ravaged Ukraine.
- Misha Zelinsky
October 2020
Why would RBA upgrade economy and cut rates at the same time?
Economists are questioning why the Reserve Bank would cut the official interest rates to 0.10 percentage points and upgrade economic forecasts at the same time.
- Matthew Cranston
March 2020
ETF investors defy the virus panic
ETF managers' internal data suggests record numbers of investors are piling into bonds and fixed income investments, rather than joining the global sell-off.
- Aleks Vickovich
October 2010
M&As to make mining heavyweights more dominant
Corporate takeovers are likely to play a bigger role in shaping Australian equity indices over the year and this development will serve to accelerate the growing dominance of resource companies on the investment landscape.
- Updated
- Brendon Lau
February 2008
US downturn puts mixer through cement
The US downturn may see these heavily leveraged companies sell their Australian operations, writes Michael Smith.
- Michael Smith
January 2008
Briefs
Chinese lift Midwest stake
- Michael Vaughan; Sue Mitchell; Stephen Wisenthal; Jo Clarke; Michael Smith; Tracy Lee;
September 2007
Cemex asks for another review
Mexican cement maker Cemex is seeking a judicial review of a declaration of unacceptable circumstances the Takeovers Panel made in relation to Cemex's recent $16.5 billion takeover of Australian building materials firm Rinker Group.
- AAP
July 2007
Rinker's lesson: defend the castle brick by brick
It wasn't long after Ralph Waters took the helm at Fletcher Building in June 2001 that the predators came knocking.
- Henry Byrne
June 2007
Some regrets as Rinker board resigns
Departing Rinker Group chairman John Morschel yesterday called on investors to pay more attention to long-term value after handing control of the building materials company's board to Cemex.
- Henry Byrne
Bergman to join Rinker board as Cemex takes over
Cochlear chairman Tommie Bergman will join the board of Rinker Group as the building materials company prepares to hand itself over to Mexican suitor Cemex this week.
- Henry Byrne
ASIC acts on Rinker bid
The Australian Securities and Investments Commission has challenged Cemex's move to sweeten its takeover offer for Rinker Group on May 7, nearly a month after it declared the bid best and final on April 10.
- Henry Byrne
Cemex over halfway hurdle
Cemex's $US14.25 billion ($16.85 billion) takeover of Rinker Group passed a critical hurdle yesterday, the Mexican company revealing it had acquired a majority of its target's shares.
- Henry Byrne
May 2007
Uncertainty remains as Cemex's Rinker bid grinds on
The fate of Cemex's takeover bid for Rinker Group looks set to go down to the wire as it creeps towards the required 50 per cent holding and the June 8 deadline looms.
- Henry Byrne
Cemex aims to solidify Rinker bid
Cemex has stepped up its campaign to win the remaining shares in Rinker Group, telling shareholders to expect reduced dividends and liquidity in the stock if it wins control but fails to gain outright ownership of the local construction-materials group.
- Henry Byrne
Perpetual motion for Rinker
Mexican building materials firm Cemex has cleared a critical hurdle in its seven-month takeover battle for Rinker Group after the target company's largest institutional shareholder, Perpetual Investments, agreed yesterday to sell its 10.3 per cent stake into the bid.
- Henry Byrne
Cemex confident of Rinker deal
Mexico's Cemex insists it is not feeling the pressure as it steps up its campaign to win the backing of Rinker shareholders whose resistance could scupper its $US15.85-a-share takeover offer.
- Henry Byrne
April 2007
Poor outlook good for Cemex bid
Building materials giant Rinker Group's forecast of a 10 per cent drop in next year's profit and management's guidance that the outlook was highly uncertain was not the killer blow Mexican suitor Cemex was seeking on Friday.
- Jemima Whyte