Yesterday
- Opinion
- Chanticleer
Buyout maverick Crescent Capital shakes up private equity
One of Australia’s most successful private equity firms, Crescent Capital, like its founder Michael Alscher, is happiest operating below the radar.
- Updated
- Anthony Macdonald
Rajiv Jain’s GQG cops $725,000 fine for muzzling would-be whistleblowers
US regulator hauls up the fund management giant for violating whistleblower protections by making staff sign overly restrictive non-disclosure agreements.
- Joshua Peach
This Month
Guzman y Gomez IPO backers sell stake as stock joins ASX 200
The hottest IPO darling in recent memory has rallied hard since listing in June, but a few early investors have taken some money off the table.
- Joshua Peach
- Opinion
- Chanticleer
Private credit still best for returns, ‘flexible’ Soul Patts says
Where to put $1 billion when you can invest anywhere? That’s Soul Patts’ job.
- Anthony Macdonald
- Opinion
- Chanticleer
Big dogs go to war for Platinum’s $175m honeypot
If there’s one thing we can be sure of, it is that Platinum’s M&A dance didn’t end on Thursday. Its fee-earning assets under management are too tempting.
- Anthony Macdonald
Magellan head of strategy exits amid internal reshuffle
Of note, Smith led Magellan’s defence strategy when the investment house was grappling with its bete noir, Keybridge Capital’s Nick Bolton.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Exclusive
- Superannuation
The country’s two mega funds now attract half of all new super
But the growth of AustralianSuper and Australian Retirement Trust beyond all their other peers could be a “double-edged sword” according to some analysts.
- Jonathan Shapiro and Hannah Wootton
- Opinion
- Chanticleer
Regal short reveals how hedge funds attack trades
Phil King’s hedge fund is the country’s most active – and the biggest commission payer on the street. And it is still more nimble than many of its rivals.
- Anthony Macdonald
Former Regal healthcare PM hangs up his shingle
Street Talk understands Regal’s healthcare whizz Craig Collie is busy setting up a speciality healthcare fund with former colleague Madusha Dilshan Seneviratna.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Regal throws its weight behind ‘takeover target’ Zip Co
The fund manager has built a sizeable position in Zip from its small-cap fund over the past 12 months, starting at about 30¢
- Sarah Thompson, Kanika Sood and Emma Rapaport
Industry veteran builds ‘better’ model to pick ASX winners
Former Credit Suisse alumni John Birkhold has spent years developing a model that undoes traditional ways of investing – he’s now about to turn it on the ASX.
- Joshua Peach
- Opinion
- Investing
Want a roll-up play that actually works? Try software, for now
Two billionaires and their companies – Canada’s Constellation and ASX-listed WiseTech – have soared in the past decade. Others worry things are about to turn.
- Updated
- Jonathan Shapiro
Regal’s Platinum play | What US cuts mean for the RBA | Will bank shares ever fall?
This week James and Anthony go inside Regal’s bid for Platinum and question the Fed’s call on rates.
Challenger-backed Ardea IM battles redemptions; co-founder exits
The Ardea Real Outcome Fund, has shrunk from $10 billion three years ago to $4.3 billion at the end of July, according to publicly available documents.
- Sarah Thompson, Kanika Sood and Emma Rapaport
It’s tough to make an outsize return in cybersecurity, big funds say
Hack ETF, an index that tracks the performance of the global cybersecurity sector, was up 72 per cent in five years. The S&P500 rose 87 per cent in that time.
- Updated
- Cecile Lefort
Three ASX stocks to buy today (and three more to avoid)
Australian fund managers have provided their take on the good, the bad and the ugly on the sharemarket after reporting season.
- Joshua Peach and Jonathan Shapiro
Regal’s Platinum play grants Phil King a $29b hedge fund empire
Embattled fund manager Platinum Asset Management appears open to talks with Regal Partners, which wants to buy the global equities manager in a share-based deal.
- Jonathan Shapiro
- Opinion
- Chanticleer
Make Platinum great again: Inside Regal’s rescue mission
Platinum has been in decline for a decade. Phil King’s Regal is hot property. This is a deal that speaks to the shifting fortunes of Australia’s funds management sector.
- James Thomson
Phil King’s Regal homes in on biggest M&A target to date: Platinum
Founded by billionaire stockpicker Kerr Neilson three decades ago, Platinum has been in a world of pain as investors have pulled money amid poor returns.
- Sarah Thompson, Kanika Sood and Emma Rapaport
‘No sacred cows’: Star Entertainment shareholder demands fire sale
Wilson Asset Management’s John Ayoub is demanding the troubled casino operator sell assets and return cash to investors “in one form or another”.
- Joshua Peach
