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Showing 1071 - 1080 of 4460 results for "October"

Link unsatisfied with new offer, allows due diligence

ANNABELLE DICKSON  |  THURSDAY, 10 DEC 2020
... proposal will eventuate and shareholders do not need to take any action in relation to the SS&C proposal," Link said. On October 28, Link rejected the offer made by the consortium led by Pacific Equity Partners and Carlyle Group. The consortium had upped ...

Chief economist update: Confidence unlocks Australia's virtuous cycle

BENJAMIN ONG  |  THURSDAY, 10 DEC 2020
... November's read, 48% higher than the low recorded in April of this year and is the best reading in more than a decade (117 in October 2010 based on FactSet data). Business confidence is also on the rise. The NAB business confidence index jumped nine ...

Insurer names new chief executive

JAMIE WILLIAMSON  |  WEDNESDAY, 9 DEC 2020
... of chief financial officer. McCormack has been with MLC Life for over a decade, holding a number of senior roles. From October 2015 to August 2018 he served as chief operating officer, before being appointed chief retail insurance officer and then chief ...

TAL group life lead in new role

JAMIE WILLIAMSON  |  WEDNESDAY, 9 DEC 2020
... who transitioned to the role on an interim basis shortly before joining ClearView as general manager - life insurance in October. The role was newly created at the time of Kerr's transition as part of Zurich's decision to restructure its insurance ...

First Sentier hires from AMP Capital

ANNABELLE DICKSON  |  WEDNESDAY, 9 DEC 2020
... "Celine's skills and experience will be invaluable in further strengthening the partnership with our clients." In October, First Sentier Investors was one of eight investor signatories to HESTA's 40:40 Vision campaign which aims to increase gender ...

ASIC defers portfolio holdings disclosure deadline

KARREN VERGARA  |  WEDNESDAY, 9 DEC 2020
... account the fact that industry will need an appropriate transition time to implement the regime," the regulator said. In October last year, ASIC extended the relief, from the first reporting date of 31 December 2019 to 31 December 2020. At the time ...

Kiwi firm rejects AustralianSuper takeover bid

KARREN VERGARA  |  WEDNESDAY, 9 DEC 2020
... "materially undervaluing IFT's high quality and unique portfolio of assets". AustralianSuper made its first bid on October 18 of NZ$6.40 per share, which includes a cash consideration of NZ$4.69 and in-specie distribution of 0.2210 for its subsidiary ...

Chief economist update: Japan's five minutes of sunshine

BENJAMIN ONG  |  WEDNESDAY, 9 DEC 2020
... in September. Updated monthly data indicate continued improvement with household spending rising by 1.9% in the year to October - the first positive annual growth rate since September 2019. This is in line with the 6.4%year-on-year growth in retail sales ...

MLC names head of retail distribution

ELIZABETH MCARTHUR  |  TUESDAY, 8 DEC 2020
... manager at Fidelity International. Keenan's appointment follows that of a new head of institutional distribution in October. Read Taylor Price joined MLC Asset Management in the role from Fisher Investments where he was head of Australasia. Price's ...

Link takeover heats up

KARREN VERGARA  |  TUESDAY, 8 DEC 2020
... closed at $4.96 on December 7 and jumped as high as 13% to $5.61 mid-morning, the day after SS&C announced its interest. On October 28, Link rejected the $5.40 per share offer made by the PEP-Carlyle consortium, but flagged that it continues to engage ...