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Showing 1061 - 1070 of 2019 results for "BID"

Custodians fight hard for big super deals

JAMES FERNYHOUGH  |  MONDAY, 5 MAY 2014
... when Financial Standard gave J.P. Morgan the chance to deny that it had given Cbus a fee holiday as part of its successful bid to replace NAB Asset Servicing as custodian in November last year, they declined to comment. The fact that custodians are providing ...

Industry responds to super fees study

JAMES FERNYHOUGH  |  TUESDAY, 29 APR 2014
... bonds.A These have lower fees, but lower long-term performance and many overseas systems are now looking at Australia's in a bid to drive greater performance." Garcia also addressed the report's assessment that MySuper would not deliver significant fee ...

Australia signs FATCA agreement with US

MARK SMITH  |  TUESDAY, 29 APR 2014
... an inter-governmental agreement with the United States to implement the US Foreign Account Tax Compliance Act (FATCA) in a bid to improve international tax compliance. The agreement, together with relevant enabling legislation, will establish a framework ...

BNP Paribas wins $1bn Certitude contract off NAB

JAMES FERNYHOUGH  |  MONDAY, 28 APR 2014
BNP Paribas has won a bid to provide custody and administration to Certitude Global Investment, replacing previous custodian NAB. The deal involves 14 international unit trusts, including Threadneedle Investments (UK), Lighthouse Investment Partners ...

AustralianSuper consortium picks up QLD motorways for $7bn

ALICE URIBE  |  THURSDAY, 24 APR 2014
AustralianSuper, as part of a consortium led by toll road owner Transurban, is set to pay $7 billion to buy a string of Brisbane motorways from the Queensland government. The consortium said it had signed an agreement to buy Queensland Motorways, which ...

TAL appoints chief risk officer

MARK SMITH  |  WEDNESDAY, 23 APR 2014

Baird premiership represents infra opportunity: ISA

JAMES FERNYHOUGH  |  TUESDAY, 22 APR 2014
... stage of Westconnex and Pacific Highway upgrades." Linden said he was hopeful that Baird would also consider ISA's 'inverted bid model' for greenfield infrastructure projects. The model brings long-term investors such as super funds in at the beginning ...

Challenger launches CDI takeover bid

JAMES FERNYHOUGH  |  MONDAY, 14 APR 2014
Challenger Life has made an off-market bid to become the sole owner of Challenger Diversified Property Group (CDI). Challenger Life currently owns almost 60% of CDI. It has offered to buy all remaining units at a price of $2.74 a unit, almost a 5% premium ...

ISA gives evidence to PC on inverted bid model

JAMES FERNYHOUGH  |  WEDNESDAY, 9 APR 2014
Industry Super Australia (ISA) will today present its 'inverted bid' infrastructure funding model to the Productivity Commission (PC). ISA and its associated fund manager, IFM Investors, have long been talking about the inverted bid model, which spells ...

Front-runners

BENJAMIN ONG  |  MONDAY, 7 APR 2014
... If trading provides liquidity to the market, HFT provides higher liquidity. It aides for better price discovery, it reduces bid-ask spreads and, according to a piece on the New York Times... "...if you're a trader who spends every day making trades for ...