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Showing 71 - 80 of 5983 results for "September"

XTBs to be delisted following collapse

CASSANDRA BALDINI  |  TUESDAY, 7 NOV 2023
... suspended in recent weeks. The two entities supporting the XTBs entered liquidation after failing to secure a buyer in September. WLP Restructuring partners Alan Walker and Glenn Livingstone were appointed administrators shortly after. Equity Trustees ...

GQG Partners FUM declines

ANDREW MCKEAN  |  TUESDAY, 7 NOV 2023
... The US-based boutique fund manager revealed in an ASX announcement that its FUM had fallen from US$105.8 billion as of September 30 to US$103.9 billion by the end of October, marking a downturn across all its core equity strategies. Despite the monthly ...

Australian Unity to sell off failed development

CHLOE WALKER  |  MONDAY, 6 NOV 2023
... The developer of the project was Melbourne-based Prince Corporation and the original builder was MultiCiv. In early September, Australian Unity told investors that MultiCiv had been removed from the development site because it had failed to adequately ...

Legalsuper hits members with increased fees

ANDREW MCKEAN  |  MONDAY, 6 NOV 2023
... recent departure of its chief operating officer Trevin Erichsen. Proebstl, who joined investment fintech firm Tanggram in September, was succeeded by Luke Symons, the founder and former chief executive of Responsible Financial Services Group, where he ...

Westpac reports $7.2bn profit

KARREN VERGARA  |  MONDAY, 6 NOV 2023
... books which ultimately saw the bottom line jump by 26% to $7.2 billion. The major bank's full-year performance to September reaped from $70 billion worth of home loans that transitioned from fixed to variable rates, forcing many customers to pay ...

Regal Partners acquires PM Capital

ANDREW MCKEAN  |  FRIDAY, 3 NOV 2023
... retail investors and financial advisory groups. It has more than $2.7 billion in funds under management (FUM) as at September 30. Regal Partners will pay an initial $20 million in cash for the acquisition, with adjustments based on net debt and working ...

Macquarie appoints Byres, half-year results decline

KARREN VERGARA  |  FRIDAY, 3 NOV 2023
... as Michael Coleman retires from the board in mid-2024. The appointment comes as Macquarie released its half-year to September 2023 results that have not lived up to their performance one year ago. The group's operating income was down 25% year on ...

Janus Henderson to delist from ASX

ANDREW MCKEAN  |  THURSDAY, 2 NOV 2023
... which anticipates delisting from the ASX on December 6, has seen its capital held via CDIs plummet to just 5.5% as of September, down from nearly 12% in October 2022 during its transition to a Foreign Exempt Listing on the ASX. Moreover, the ASX sees ...

GQG makes official bid for PAC

CHLOE WALKER  |  THURSDAY, 2 NOV 2023
... swiftly followed by GQG, which said it would better Regal's deal despite not formally submitting an offer. In late September Regal walked away, saying it had been "consistently disappointed" in dealing with the fund manager. Yesterday, PAC said its ...

Regal Partners buys stake in Taurus Funds Management

CASSANDRA BALDINI  |  WEDNESDAY, 1 NOV 2023
... to making a significant contribution to achieving Regal Partners' growth aspirations over the coming years." In its September 2023 update to the ASX, Regal Partners said FUM remained flat for the quarter, holding steady at $5.8 billion.