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Showing 1011 - 1020 of 13328 results for "PROP"

Bell Financial Group bids $51m for SelfWealth

KARREN VERGARA  |  WEDNESDAY, 13 NOV 2024
Bell Financial Group (BFG) is proposing to acquire SelfWealth for $51 million in a deal which both parties find "compelling." BFG said in offering 22 cents for each SelfWealth security, shareholders of the trading platform "will benefit through increased ...

Platinum exec pay hit with second strike

KARREN VERGARA  |  WEDNESDAY, 13 NOV 2024
Platinum Asset Management suffered its second consecutive strike against its remuneration report but managed to avoid a board spill. Yesterday, 73% of shareholders overwhelmingly voted against adopting the remuneration report at the annual general meeting ...

Magellan chief operating and financial officer departs

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
Magellan Financial Group announced Kirsten Morton has resigned as chief operating officer and chief financial officer. Morton started with the group in June 2013 in the joint role of chief financial officer and chief operating officer. She also served ...

AMP makes operations, product, strategy hires

MATTHEW WAI  |  TUESDAY, 12 NOV 2024
AMP has added three leadership roles to North's client servicing, investment operations and managed portfolios capabilities. Sharyn Baker has joined as director of operations, working alongside Mike Way who was appointed earlier this year as director ...

Platinum seeks insto managers, new asset classes

KARREN VERGARA  |  TUESDAY, 12 NOV 2024
Platinum Asset Management is seeking out institutional fund managers looking to break into the retail market as it also attempts to enter new asset classes and differentiate itself from a multi-boutique model. Platinum chief executive and managing director ...

Invesco Advisers pays $26m over false ESG claims

JAMIE WILLIAMSON  |  MONDAY, 11 NOV 2024
Invesco Advisers was charged by the Securities and Exchange Commission (SEC) after it was found to have misled investors as to what proportion of its total assets were invested according to ESG principles. Invesco Advisers was charged with willfully ...

GQG's FUM pulls back, breaks six-month streak

ANDREW MCKEAN  |  FRIDAY, 8 NOV 2024
GQG Partners' funds under management (FUM) has taken a small tumble, slipping from US$161.6 billion to US$159.4 billion in October. The investment management firm's last dip in FUM occurred in April this year. GQG also reeled in US$3 billion ...

ANZ profit slides, cuts dividend

ELIZA BAVIN  |  FRIDAY, 8 NOV 2024
ANZ announced a statutory profit after tax for the full year of $6.53 billion, down 8% from the prior year. The bank proposed a final dividend of 83 cents per share, partially franked at 70%. ANZ said the result reflected several one-off events related ...

Fed cuts rates as Powell is questioned on Trump win

ELIZA BAVIN  |  FRIDAY, 8 NOV 2024
The Federal Reserve cut interest rates overnight, in line with market expectations, but chair Jerome Powell faced a raft of questions over President-elect Donald Trump returning to the White House. The Fed continued its policy easing cycle with a 25 ...

Payton Capital eyes 'extensive growth', hires four

MATTHEW WAI  |  FRIDAY, 8 NOV 2024
The real estate fund manager is extending its footprint, establishing a presence in Perth and adding a second Queensland office. Payton Capital has opened an office in Perth and another in the Gold Coast, also announcing four appointees to take the ...