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Showing 21 - 30 of 6726 results for "Currently"

Morningstar unsure if KKR's Perpetual bid benefits shareholders

ANDREW MCKEAN  |  THURSDAY, 9 MAY 2024
... shareholders can expect to receive cash proceeds, probably through a capital return, after paying off Perpetual's group debt - currently $771 million - in addition to transaction and separation costs, and other specific business expenses. He also doesn't ...

Advisers must unite for major reforms: SIAA

KARREN VERGARA  |  THURSDAY, 9 MAY 2024
... lower the cost of providing advice to make it more affordable and accessible. One of the most important areas advisers currently face is the stage of life and dynamics that come with the intergenerational wealth transfer, which Perth-based Boyce said ...

Perpetual seals $2.18bn deal with KKR, chief to retire

ANDREW MCKEAN  |  WEDNESDAY, 8 MAY 2024
... chair, focusing mainly on the asset management business. Cooper will also head the board's sub-committee that is currently conducting a worldwide search to find a new chief executive for asset management. Perpetual's share price sunk 7.74% on ...

Platinum's FUM dips below $14bn

KARREN VERGARA  |  WEDNESDAY, 8 MAY 2024
... term," Platinum said. Newly minted chief executive Jeff Peters unveiled his turnaround plan in March. The reset phase currently underway will slash costs in a bid to "right size" the business. It also involves reviewing existing product offerings and ...

Farewell TelstraSuper: Largest corporate fund explores merger options

ANDREW MCKEAN  |  MONDAY, 6 MAY 2024
... ago, but it now has a much broader membership, having allowed family and friends of employees to join in recent years. Currently, less than one quarter of the fund's 84,000 members work for Telstra. For this reason, the TelstraSuper board and Telstra ...

Fidelity to roll out more active ETFs

JAMIE WILLIAMSON  |  MONDAY, 6 MAY 2024
... Fund - which also launched in 2005 - has delivered 10.67% since inception, outperforming the benchmark by 0.48%. It currently has about $275 million in FUM. A meeting of unitholders will be convened on May 14 to vote on whether the constitution should ...

Count renews Iress contract

KARREN VERGARA  |  MONDAY, 6 MAY 2024
... Administration," Price said. The UK component separates the activities of Wealth & Sourcing from Trading. Harry Mitchell currently oversees Wealth & Sourcing in addition to APAC Wealth. The Trading unit now reports into Jason Hoang as part of our global ...

Men, women in same occupation drive pay gap

KARREN VERGARA  |  FRIDAY, 3 MAY 2024
... more likely to work in high-paying firms, which require less flexibility and longer working hours. e61 Institute is currently undertaking research to understand this. Another potential reason is that women may be less able to pursue leadership opportunities," ...

Australian Retirement Trust applies new investment exclusion

ELIZA BAVIN  |  THURSDAY, 2 MAY 2024
From July 1, Australian Retirement Trust (ART) will add thermal coal to its list of exclusions. ART currently applies three exclusions when directly investing in Australian and international share asset classes across all its investment options, being ...

Global X launches new gold ETF

ELIZA BAVIN  |  THURSDAY, 2 MAY 2024
... the annual management fee, by investing in physical gold bullion bars. With a management fee of 0.15% per annum, it is currently the lowest-cost physical-backed gold ETF in the Australian market. Global X chief executive Evan Metcalf said the new product ...