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Showing 91 - 100 of 16352 results for "Share"

WT Financial bets on scaling advice practices

RIDDHIMA TALWANI  |  THURSDAY, 2 JUL 2026
... high-quality advice practices scale. For the sale, it will receive $450,000 in cash, 426,800 new TAG shares for $1.63 per share as well as $1.5 million vendor finance provided by it to TAG. WT Financial managing director Keith Cullen said the sale is ...

Perpetual rejects $2.5bn takeover offer

ELIZA BAVIN  |  THURSDAY, 2 JUL 2026
... valued the firm at $2.5 billion. The "unsolicited, non-binding, conditional and indicative proposal" was for $21.64 cash per share, representing a 40% premium to Perpetual's closing price on Tuesday prior to announcing it had received the offer. "The ...

Investors Mutual founders launch new venture

MATTHEW WAI  |  THURSDAY, 2 JUL 2026
... prices." Tagliaferro added that markets have become extremely short-term in nature. "At the end of the day, a company's share price is meant to reflect its long-term value. This is something that many investors, large and small, seem to have forgotten ...

Esencia seals third merger

VINNY VUCAGO  |  WEDNESDAY, 1 JUL 2026
Esencia Wealth has continued its national expansion strategy, merging with New South Wales-based Cove Financial Group in a deal that brings around 650 clients and four financial advisers into the business. The Shellharbour-based advice firm is Esencia ...

Atlas Arteria chair resigns as IFM offer deadline inches closer

RIDDHIMA TALWANI  |  TUESDAY, 30 JUN 2026
Atlas Arteria independent non-executive chair Debbie Goodin will resign from her position, effective July 7. That is also the date IFM Investor's offer window will close, and shareholders in the toll-road operator will have to decide on the ownership ...

Euroz Hartleys sells capital markets arm to Canada's BMO

RIDDHIMA TALWANI  |  TUESDAY, 30 JUN 2026
Euroz Hartleys has sold its capital markets business to Canada's BMO Financial Group (BMO) for $145 million in an all-cash deal. The divestment will allow the ASX-listed wealth firm to be a standalone pure-play private wealth business, it said. Both ...

Super system to hit $12.4tn by 2045

VINNY VUCAGO  |  TUESDAY, 30 JUN 2026
... differentiate themselves," said Somerville. Industry funds are expected to strengthen their dominance, increasing their share of total assets from around 45% today 55% by 2045, while retail funds and self-managed super funds are forecast to lose market ...

Mercer cuts mandates for Global Listed Property Fund

KARREN VERGARA  |  TUESDAY, 30 JUN 2026
Mercer Investments Australia has again trimmed its fund manager line-up, this time making changes to its Global Listed Property Fund. Effective July 1, Principal Asset Management will be the sole fund manager overseeing the Mercer Global Listed Property ...

Super the backbone of stressed financial ecosystem: APRA

MATTHEW WAI  |  TUESDAY, 30 JUN 2026
... supported fund-level liquidity management and helped avoid crystallising further losses on illiquid assets, it shifted a greater share of liquidity and sequencing risk onto MySuper members, particularly toward the end of the stress scenario." Commenting ...

ASIC calls out platform trustees: 'Clear breach of trust'

RIDDHIMA TALWANI  |  MONDAY, 29 JUN 2026
... standard, represent around 89% total platform funds under management and include the seven largest wrap platforms by market share. In response to the latest observations by ASIC, FSC chief executive Blake Briggs said: "ASIC's report reinforces the ...