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Showing 91 - 100 of 2403 results for "Shareholders"

Platinum AM chief executive steps down

CASSANDRA BALDINI  |  THURSDAY, 24 AUG 2023
... business. "I very much look forward to continuing to provide strong absolute returns for our clients. I thank our shareholders for their support throughout my time as chief executive," he said. Meantime, Platinum reported a 20% drop in its NPAT for FY23 ...

Munich Re targets AMP over alleged reinsurance misconduct

ANDREW MCKEAN  |  WEDNESDAY, 23 AUG 2023
... relating to fee for no service scandals and misleading regulators. The class action filed in June 2018, impacted AMP shareholders due to a violent drop in share price following allegations of misconduct by the Financial Services Royal Commission. Most ...

AMP settles class action for $110m

KARREN VERGARA  |  MONDAY, 21 AUG 2023
... Commission but claims no responsibility in settling for $110 million. The class action filed in June 2018, affected AMP shareholders whose share price tanked following revelations of alleged misconduct by the Financial Services Royal Commission. In May ...

Iress sells MFA business, reports $140m loss

CASSANDRA BALDINI  |  MONDAY, 21 AUG 2023
... executive Marcus Price said the new strategy aims to deliver a simpler, more focused business with higher returns for shareholders. "Our half-year results represent Iress mid-transformation, with many of the benefits, including the cost reduction program ...

GQG hits $104.1bn on back of inflows

ANDREW MCKEAN  |  FRIDAY, 18 AUG 2023
... Carver said. In July, GQG announced its intention to acquire all the shares of Pacific Current Group (PAC). It updated shareholders saying the acquisition is contingent upon successful due diligence and board approval. "We believe we can put forward ...

Fund manager injects $28m in Stockspot

KARREN VERGARA  |  WEDNESDAY, 16 AUG 2023
Robo-adviser Stockspot received a $28 million funding boost from a global fund manager that will see it expand its capabilities in the precarious digital advice landscape. Mirae Asset Global Investments announced its "major strategic investment" in ...

AMP provisions $50m in response to class action

ANDREW MCKEAN  |  THURSDAY, 10 AUG 2023
... for members," George said. "As part of our capital management program, we have returned $610 million in capital to shareholders through the share buyback and dividends in the past 12 months, and we have a remaining $140 million to be returned by the ...

Bravura names chief executive

CASSANDRA BALDINI  |  FRIDAY, 28 JUL 2023
... uncertainty behind us and focus all our energy on delivering great service to our customers and rebuilding value for our shareholders," he said..

Regal chases Pacific Current Group, GQG plans bid

CHLOE WALKER  |  THURSDAY, 27 JUL 2023
... opportunity for both Regal and Pacific Current and one that we believe would create meaningful long-term value for both shareholders and clients," Regal chief executive and managing director Brendan O'Connor said. "A transaction would combine the scale ...

Tax miners, major corporates to tackle housing shortage: CFMEU

JAMIE WILLIAMSON  |  TUESDAY, 25 JUL 2023
... negative impact could be felt at the household level, with these kinds of companies typically paying strong dividends to shareholders. "The enormous scale of Australia's housing crisis demands bold solutions," CFMEU national secretary Zach Smith ...