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Showing 1031 - 1040 of 7105 results for "December"

ART, Macquarie, PGGM partner on portfolio acquisition

ANDREW MCKEAN  |  WEDNESDAY, 11 JAN 2023
... Finance Company (ALAFCO). The transaction was approved by ALAFCO shareholders at an Ordinary General Assembly Meeting on 27 December 2022 and its completion is expected during 2023. Macquarie AirFinance shareholders will contribute US$600 million of ...

Court approves Pendal takeover

JAMIE WILLIAMSON  |  WEDNESDAY, 11 JAN 2023
... final terms of the scheme will see Pendal shareholders receive $1.65 cash per share, less the 3.5 cent dividend paid on December 15. They will also receive one Perpetual share for every seven Pendal shares. It's expected the scheme will be implemented ...

Business leaders optimistic in face of inflation

CHLOE WALKER  |  WEDNESDAY, 11 JAN 2023
... second annual Australia Business Leaders Outlook Survey of over 200 senior executives was conducted between November 21 to December 8, finding the theme of optimism is clear, with less than half (46%) of local business leaders expecting a recession in ...

GQG reports strong inflows

ANDREW MCKEAN  |  TUESDAY, 10 JAN 2023
... experienced net inflows of US$0.9 billion for the quarter and net inflows of US$8 billion for the full year ended 31 December 2022. The asset manager ended the year with nearly 96% of the funds under management (FUM) it began the year with - it had US$91.2 ...

AvSuper provides merger update, drops admin fees

JAMIE WILLIAMSON  |  TUESDAY, 10 JAN 2023
... government provided approval for the two to explore a merger, but further approval is required to formalise it. Also in December, AvSuper reduced its administration fees from $1.15 per week to $0.50 per week plus an asset-based fee, capped at $1000. ...

ASIC takes action against more greenwashing

RACHEL ALEMBAKIS  |  TUESDAY, 10 JAN 2023
... alleged false or misleading sustainability-related statements made to the Australian Securities Exchange (ASX) between 23 December 2021 and 8 September 2022. ASIC called BME out over statements in three ASX announcements which claimed that "BME was creating ...

Magellan reports $2.6bn net outflows

ANDREW MCKEAN  |  MONDAY, 9 JAN 2023
Magellan has reported net outflows of $2.6 billion in December, including retail outflows of $0.6 billion and institutional outflows of $2 billion. In addition to the net outflows, Magellan also experienced a $4.9 billion decrease in funds under management ...

Former adviser sees ban reduced

CHLOE WALKER  |  MONDAY, 9 JAN 2023
... function as an officer or manager of an entity carrying on a financial services business. Delivering its decision on 7 December 2022, the AAT found that Sherwal failed to act in his client's best interests in advising them to place new superannuation ...

Federal Court finds against finfluencer

JAMIE WILLIAMSON  |  MONDAY, 9 JAN 2023
... including providing courses on share trading and recommending stocks on Instagram. The court handed its decision down in December, with the judge saying the advice provided by Scholz "formed part of the continuous and systemic business operations by ...

Market manipulator sentenced

ANDREW MCKEAN  |  WEDNESDAY, 14 DEC 2022
... Quantum shares to a pre-determined price through two trading accounts which Cooper executed. Cooper was sentenced on December 9 at the Supreme Court of Western Australia, after pleading guilty to market manipulation charges. In sentencing Cooper, Justice ...