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Showing 1161 - 1170 of 3464 results for "Stake"

Granny flat tax exemption to become law

ANNABELLE DICKSON  |  MONDAY, 19 APR 2021
The government has commenced consultation on exposure draft legislation that will reduce the tax burden on granny flats in a move to prevent elder financial abuse. The legislation follows the budget announcement that the government would provide a targeted ...

Centuria to merge with Primewest

ANNABELLE DICKSON  |  MONDAY, 19 APR 2021
... receive $1.51 per security made up of $0.20 in cash and $0.473 Centuria securities. The Primewest board, which holds a 53% stake, recommends the merger and has confirmed it intends to accept the offer in the absence of a superior offer and subject to ...

WTW head of strategic advisory resigns

KARREN VERGARA  |  WEDNESDAY, 14 APR 2021
A long-serving Willis Towers Watson executive has left after more than 12 years with the firm. Head of strategic advisory for investments Jessica Melville confirmed that she has resigned from WTW. Her most recent responsibilities were advising asset ...

ARK Innovation ETF cops neutral rating

KARREN VERGARA  |  TUESDAY, 13 APR 2021
... new money in December 2020 and upped its holdings to Proto Labs by US$36 million from US$457 million, leading to an 18% stake in the industrials company. "In the healthcare sector, ARKK has owned Compugen (CGEN), a therapeutic discovery company, since ...

Yarra completes acquisition

KARREN VERGARA  |  MONDAY, 12 APR 2021
Yarra Capital Management has completed the acquisition of Nikko Asset Management's Australian business, which was announced on March 2. Yarra will soon revive Nikko AM's former name Tyndall Investment Management, which was removed in September 2014 ...

Alceon merges real estate unit

KARREN VERGARA  |  MONDAY, 12 APR 2021
... while all debt strategies will be consolidated under the Alceon brand. The move comes off the back of Alceon acquiring a 40% stake in the Freehold business 18 months ago. They then jointly launched the Freehold Debt Income Fund. At the time, the fund ...

Amundi revamps climate fund

ANNABELLE DICKSON  |  MONDAY, 12 APR 2021
The European asset manager has launched a new fixed income strategy for its Just Transition for Climate fund to now incorporate the social aspects involved with moving to a low-carbon economy. The Just Transition for Climate fund, previously the Amundi ...

APRA to overhaul offshore reinsurance standards

ANNABELLE DICKSON  |  FRIDAY, 9 APR 2021
The prudential regulator has commenced industry consultation on revisions to the prudential standards for life insurers to protect life insurance policy holders against the use of offshore reinsurers. APRA is proposing an aggregate limit on exposures ...

CFP Board creates diversity and inclusion role

KARREN VERGARA  |  WEDNESDAY, 7 APR 2021
The Certified Financial Planner Board of Standards has appointed its first diversity and inclusion lead, who joined from sports car racing company NASCAR. The CFP Board has named Dawn Harris as its director of diversity and inclusion for the Centre ...

Dimensional to use Calastone solution

KANIKA SOOD  |  TUESDAY, 30 MAR 2021
... advisers and improve the service they offer." Last year, private equity giant The Carlyle Group said it will acquire a majority stake in Calastone