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Showing 1141 - 1150 of 2737 results for "Shareholders"

New Pinnacle affiliate to manage Blue Sky LIC

KANIKA SOOD  |  THURSDAY, 18 OCT 2018
... private boutique Alterum will take over as BAF's manager starting next year, subject to approval from the LIC's shareholders. Alterum will be led by BAF executive chair Andrew Champion. The LIC's portfolio analyst Adam Sharplin is also joining ...

Firetrail calls off $305m IPO

KANIKA SOOD  |  WEDNESDAY, 17 OCT 2018
... could impact its liquidity. It crossed its minimum raise about a week into the offer's opening. "The mixture of shareholders was increasingly concentrated and so there was a risk of illiquidity and the LIC trading at a discount to the NTA, which ...

WAM pushes for HHY closure

KARREN VERGARA  |  TUESDAY, 9 OCT 2018
... Aurora Funds Management, which acts as its responsible entity. WAM is setting in motion a general meeting to urge HHY shareholders to vote in favour of a resolution to wind up the fund. WAM Capital, WAM Active and Wilson Asset Management Equity Fund's ...

KKR offers $2.6b to acquire MYOB

KANIKA SOOD  |  MONDAY, 8 OCT 2018
... accordance with its continuous disclosure requirements. The board is committed to acting in the best interests of all shareholders," the company said. "MYOB shareholders do not need to take any action in relation to the proposal at this stage. There ...

Global manager sells local boutique stake

KANIKA SOOD  |  MONDAY, 8 OCT 2018
... sale, Celeste's investment team will own 90% of the firm's equity with the remaining spread across a few minority shareholders, according to Morningstar analyst notes. PAC owned a stake in Celeste for nine years. However, it did not provide any operational ...

The joys of an independent board

KANIKA SOOD  |  WEDNESDAY, 3 OCT 2018
... directors from JPMorgan, Allianz and Janus Henderson investment trusts shared how their boards get a better deal for shareholders. The first point of consensus was on fees. Over a third of investment companies have cut investment fees in the last five ...

Elon Musk steps down as Tesla chair

KANIKA SOOD  |  TUESDAY, 2 OCT 2018
... co-director Steven Peikin said: "The resolution is intended to prevent further market disruption and harm to Tesla's shareholders." SEC enforcement division co-director Stephanie Avakian said. "The total package of remedies and relief announced are ...

Elon Musk charged with securities fraud

KANIKA SOOD  |  FRIDAY, 28 SEP 2018
... Steven Peikin said corporate officers hold positions of trust in our markets and have important responsibilities to shareholders. "An officer's celebrity status or reputation as a technological innovator does not give license to take those responsibilities ...

SSGA strengthens gender equality actions

HARRISON WORLEY  |  FRIDAY, 28 SEP 2018
... was proud of the influence its campaign had garnered. "Since her arrival, Fearless Girl has inspired companies and shareholders worldwide to focus on board diversity and join us in our call to action," Kumar said. "We commend the companies that have ...

WDE board pushes for takeover

KARREN VERGARA  |  THURSDAY, 27 SEP 2018
Wealth Defender Equities is urging its shareholders to accept WAM Capital's takeover bid. WDE non-executive directors, comprising Paul Clitheroe, Richard Morath and chair Alan Schoenheimer, said they have carefully considered the offer and recommended ...