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17 December 2024 • By Rhea Nath • 1 min read

Asset manager makes acquisition to support private credit business

Global real asset manager CapitaLand Investment has announced a key acquisition from Wingate as part of its growth strategy in the Asia-Pacific region

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Tax liabilities sink Perpetual–KKR deal as not in shareholder interests

Perpetual’s $2 billion deal to sell its wealth management and corporate trust businesses to KKR is in jeopardy, with an independent ...

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Weak Chinese economy to push Australia’s budget deficit higher, Chalmers hints

Weakness in the Chinese economy is set to weigh heavily on Australia’s budget, with mining exports expected to be downgraded by about $100 billion and ...

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Bitcoin becoming key asset for businesses as adoption surges

Following the lead of industry pioneers, smaller companies are increasingly making bitcoin a key component of their corporate balance sheets

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Shrinking ASX presents prime opportunity for private markets

The ASX is on track to end 2024 with fewer listed companies than it kicked the year off with, signalling a significant shift towards private markets

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IFM Investors completes $240bn merger with ISPT

IFM Investors is welcoming the addition of ISPT’s real estate assets to its platform on the back of its latest merger. Property investor ISPT has ...

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Morningstar welcomes super research principal

The research house has hired an experienced product specialist for its Australasian team. Morningstar Australasia has welcomed William ...

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Government revamps RBA boards amid criticism over risks to independence

Michele Bullock has endorsed the government’s revamp of the central bank, but the shadow treasurer has warned it risks undermining continuity and ...

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ASIC sues HSBC for failing to protect customers from scams

ASIC is suing HSBC Australia over alleged failures to protect customers from scams, resulting in $23 million in losses. HSBC Bank Australia ...

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Gold has had a record-breaking year, will it do the same in 2025?

An international trade association has outlined potential scenarios in which the yellow metal could surge in 2025, or veer sideways. Gold is on ...

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