November
- Opinion
- Chanticleer
Why Perpetual wants to maintain Murdoch control at News Corp
News Corp shareholders have been asked to vote on whether the company’s dual-class share structure should be collapsed this week.
- Anthony Macdonald
October
Magellan board defends Bolton’s windfall amid ASIC probe
The chairman of the fund manager said a deal struck to appease activist investor Nick Bolton was in the best interests of shareholders.
- Jonathan Shapiro, Jemima Whyte and Zoe Samios
September
Viburnum’s GTN takeover finds early takers after trading frenzy
Viburnum, which was sitting on 35.53 per cent of GTN, is said to be hovering near the 50 per cent mark after scooping up about 15 per cent of GTN on Monday.
- Sarah Thompson, Kanika Sood and Emma Rapaport
August
Welcome to the nature positive investing movement
Institutional investors see natural capital as the next force in corporate governance, with big implications for companies growing and selling food.
- James Eyers
This super fund creates positive returns – and social benefits
Within its $9b fund, Qantas Super allocated $600 million for social impact investing. This year it backed an aged care project, to improve quality of care.
- James Eyers
Viburnum Funds sets sights on Coventry Group breakup
Fluids spoke for about 43 per cent of the group’s total $371.3 million revenue in the 2024 financial year.
- Sarah Thompson, Kanika Sood and Emma Rapaport
July
Eildon Capital on former boss’ M&A radar
Street Talk understands that Brisbane-based property fund manager and financier Trilogy Funds is weighing an acquisition of Eildon Capital.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Magellan activist Nick Bolton loses high-stakes battle over legal fees
Nick Bolton’s enemies are legion. Though few can be as determined as John Atanaskovic.
- Myriam Robin
June
L1’s activist fund is making investors and boards take notice
The hedge fund’s catalyst strategy has returned 42 per cent since its 2021 inception, and portfolio manager James Hawkins is eyeing up L1’s next target.
- Alex Gluyas
May
Karoon chairman preps for showdown with angry investors
An activist consortium led by Samuel Terry Asset Management intends to vote against five of the nine resolutions up for vote at the oil and gas producer’s AGM on May 23.
- Elouise Fowler
Karoon chairman in activists’ firing line over pay
Sandon wrote to chairman Peter Botten on Wednesday arguing that Karoon’s incentive structure had insufficient regard for shareholder value.
- Jonathan Shapiro
April
Activists Samuel Terry, Sandon lawyer up for Karoon Energy fight
The pair have added Allens and Mont Lawyers to their legal teams as they look to talk on the Karoon Energy board.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Activist funds to push Karoon Energy on dividends
Samuel Terry and Sandon Capital will target the oil and gas producer’s board before May’s annual general meeting and push for more dividend payments.
- Jonathan Shapiro
ASX activist HMC Capital takes aim at GrainCorp
HMC Capital has revealed a position in GrainCorp, marking the group’s fourth public bet from the highly concentrated Capital Partners Fund.
- Updated
- Joshua Peach
March
Hearts & Minds’ heavyweight board stares down New York hedge fund
Saba Capital, which has previously campaigned against BlackRock in its bid to change funds, has bought up some 10 per cent of the ASX-listed philanthropy vehicle.
- Jonathan Shapiro and Joshua Peach
February
Buffett admits Berkshire’s days of ‘eye-popping’ gains are over
In his latest letter to shareholders, the legendary investor says there are only a handful of companies capable of moving the needle at Berkshire.
- Eric Platt
December 2023
Wilson claims $5.6m of Bolton’s Magellan profits ‘unaccounted for’
Geoff Wilson’s lawyers are demanding more information about how activist Nick Bolton has allocated the profits from his Magellan options raid.
- Jonathan Shapiro
Activist Bolton triumphs as Magellan pays out option holders
Magellan will spend $65 million buying out options in an emphatic win for Nick Bolton against the global equities manager.
- Jonathan Shapiro
November 2023
Proxy firms say executives need more ‘skin in the game’
The boards of locally listed companies can do better to align executives with bonus payments, they say, and boards must be more independent on remuneration.
- Jonathan Shapiro
Taylor Collison crosses line in Hearts and Minds LIC; eyes on Saba
Fingers were pointing to New York activist investor, Saba Capital Management, as the buyer.
- Sarah Thompson, Kanika Sood and Emma Rapaport