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Showing 1051 - 1060 of 2737 results for "Shareholders"

Restructure sees wealth firm lose chief

ELIZABETH MCARTHUR  |  FRIDAY, 14 JUN 2019
... plans to dispose of single assets and sub portfolio assets where there are institutional purchasers. In the update, shareholders were told the program will be directed towards repayment of notes. Evans Dixon will be searching for a new chief executive ...

International firm acquires advice group

JAMIE WILLIAMSON  |  WEDNESDAY, 12 JUN 2019
... equity incentive scheme for key Patersons personnel. The acquisition is subject to shareholder approval, though 60% of shareholders have already indicated they will vote in favour of the transaction. Canaccord Genuity president and chief executive Dan ...

Downgrade follows fund manager YouTube apology

ELIZABETH MCARTHUR  |  FRIDAY, 7 JUN 2019
... stated: "Too many illiquid and unquoted stocks - Neil Woodford needs to read Warren Buffett's annual letter to shareholders." Many of the comments noted that Hargreaves Lansdown, a UK financial services company which sells investment products to ...

Plato fund shuts down

KANIKA SOOD  |  TUESDAY, 4 JUN 2019
... unlikely that it will achieve the necessary scale to sustain the costs associated with operating the fund," a letter to shareholders reads. "Accordingly, the responsible entity has determined that it is in the best interests of the members to wind up ...

Industry wide pay cut for boards

ELIZABETH MCARTHUR  |  TUESDAY, 4 JUN 2019
... that the effects of the Banking Royal Commission are already being felt by Australia's financial institutions, as shareholders and their boards move to act upon Commissioner Hayne's recommendations." Overall, across all industries and organisation types ...

Consolidation hits super fund administrators

KARREN VERGARA  |  FRIDAY, 31 MAY 2019
... major fund administration providers are feeling the pinch of the new superannuation reforms. Link Administration told shareholders that the new Protecting Your Super Package laws will impact its earnings and operations in the 2019 financial year. The ...

Super funds can spearhead infrastructure: Expert

HARRISON WORLEY  |  WEDNESDAY, 29 MAY 2019
... worked out, he said. "But at the end of the day if they're not getting a return from that business - that their shareholders are expecting - then you exit that business." FSC economics and tax senior policy manager and panel chair Michael Potter ...

Investment firm plans delisting

KANIKA SOOD  |  WEDNESDAY, 29 MAY 2019
... ASX outweigh any benefits of a continued listing," it said in company filings last week. The company has about 582 shareholders of which 170 have less than $500 invested in the company. It reported a net profit after tax of $2.47 million for the year ...

Bank appoints new chair

KANIKA SOOD  |  WEDNESDAY, 29 MAY 2019
... forward to working with the board and the management to ensure we deliver long-term value creation for customers and shareholders," Allaway said. He has previously served on the boards of Woolworths South Africa, Metcash and Macquarie Goodman Industrial ...

Super fund proxy voting behaviour revealed

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 MAY 2019
... Australian super funds to support shareholder proposals at Chevron and Exxon Mobil on May 29. Earlier this month, shareholders in Exxon, including the Church of England and the New York State Retirement Fund, said they would vote against all Exxon directors ...