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Showing 1071 - 1080 of 2737 results for "Shareholders"

Watermark closes chapter on global equities

KARREN VERGARA  |  WEDNESDAY, 24 APR 2019
... Robert Ferguson. Daniel Broeren and Tim Bolger were appointed directors of WMK, while Bolger became director or WGF. Shareholders will receive units in Watermark's Absolute Return funds for each share held in the defunct funds. Watermark flagged ...

Compensation experts boost chief executive pay

KARREN VERGARA  |  WEDNESDAY, 24 APR 2019
... two-strike rule against the remuneration reports was introduced. "If a chief executive is paid $17 million or $20 million, shareholders want to know it is based on the chief executive's hard work creating value, reaching targets and increasing returns ...

Aussie blockchain investor goes global

ELIZABETH MCARTHUR  |  TUESDAY, 16 APR 2019
... of the existing Grasshopper team. Grasshopper's first fund was launched by Ari Lewis and Sagar Rambhia, who remain shareholders and will continue to be involved in operations and investment decisions. The fund will continue to be focussed on the adoption ...

State Street appoints international chief executive

KANIKA SOOD  |  MONDAY, 15 APR 2019
... experience and proven leadership qualities will advance our strategy and growth objectives on behalf of our clients and shareholders, and augment our already strong local management teams outside of the US," he said. "This leadership appointment also ...

Freedom to divest all operations

KARREN VERGARA  |  MONDAY, 15 APR 2019
... Based on the alternatives available, the board found that transitioning the admin business is in the best interest of shareholders. After transferring the admin business, it intends to offload Sydney-based financial advice firm Spectrum Wealth Management ...

IOOF responds to class action

ELIZABETH MCARTHUR  |  FRIDAY, 12 APR 2019
... filed its class action proceedings against IOOF in the Supreme Court of New South Wales on Friday on behalf of IOOF shareholders. The class action is a direct result of revelations out of the Banking Royal Commission that IOOF Investment Management and ...

Bravura circles competitor

KANIKA SOOD  |  FRIDAY, 12 APR 2019
... non-binding offer is now in front of GBST's board. Bravura is seeking an eight-week access to due diligence. "GBST shareholders will receive a certain cash payment rather than remain exposed to a fluctuating share price and uncertainty over future ...

Colonial acquisition cost CBA shareholders $53bn: Merlon

KANIKA SOOD  |  TUESDAY, 9 APR 2019
... CBA's decision to purchase Colonial under then chief executive David Murray destroyed $53 billion of value to shareholders in today's dollars, says Merlon Capital Partners. Analyst Hamish Carlisle says CBA overpaid for Colonial in 2000, and after ...

Powerwrap makes a move on IPO

KANIKA SOOD  |  FRIDAY, 5 APR 2019
... priced at 35 cents a share for 205 million shares. The 10-year-old platform has been privately owned by about 300 plus shareholders which includes institutions, high-net-worths and even clients. The IPO brings 100 new investors into the fold, including ...

MGP looks inward for new leaders

HARRISON WORLEY  |  FRIDAY, 5 APR 2019
... financial officer in March, after it announced it would rebrand from managedaccounts.com.au to Xplore Wealth. MGP shareholders will ultimately decide whether the planned rebrand goes ahead at a vote on April 12.