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Showing 1231 - 1240 of 6905 results for "Shares"

Franklin Templeton to acquire Legg Mason

JAMIE WILLIAMSON  |  WEDNESDAY, 19 FEB 2020
... announced savings, over the next two years. Legg Mason had its best day in close to five years following the announcement as shares jumped more than 24%, while Franklin Resources rose just shy of 7%. Legg Mason has struggled in recent years due to the ...

Australian ETF industry competition heats up

KANIKA SOOD  |  TUESDAY, 18 FEB 2020
... share of each company, squaring them and summing the result. The squaring is necessary in order to overweight larger market shares," Dyall said. If the index is applied to Australian ETF managers, the industry moved from being 'highly concentrated' ...

Nowra man lies to ASIC, jailed

ELIZABETH MCARTHUR  |  MONDAY, 17 FEB 2020
... imposed. There is no other alternative." The saga that lead to Merity's guilty plea began in 2011 when Northwest Resources shares were frozen by ASIC when the regulator alleged 15 million shares were held in a tax haven in the British Virgin Islands. ...

Partnership sees improved advice services

ELIZA BAVIN  |  MONDAY, 17 FEB 2020
... executive, Duncan McPherson said Link Advice was excited to partner with LGIAsuper. "LGIAsuper is an organisation that shares our commitment to providing members with the opportunity to access financial advice and improve their life in retirement," McPherson ...

JPMorgan admits to withholding ANZ shares

ELIZA BAVIN  |  FRIDAY, 14 FEB 2020
... executive has told the court that there was an agreement between JPMorgan, Deutsche Bank and Citigroup to withhold ANZ shares from the market. Speaking to the court for the ongoing case surrounding the $2.5 billion ANZ share sale, ex-JPMorgan banker ...

Former Macquarie adviser cops lifetime ban

ALLY SELBY  |  THURSDAY, 13 FEB 2020
... undertook dishonest trades on behalf of his clients while working for Macquarie Equities in the form of MINI warrants (shares, indices, currencies or commodities). Acworth "misrepresented to his client the value of the client's portfolio on 19 separate ...

BT fund to wind up

KANIKA SOOD  |  WEDNESDAY, 12 FEB 2020
... demand ebbs out. The BT Institutional Diversified Balanced PST was managed by Stuart Eliot and invested in local and global shares, fixed interest, listed property, and alternatives. The fund is set to be terminated on April 30. Pendal head of multi-asset ...

Push for more foreign investment

ELIZA BAVIN  |  FRIDAY, 7 FEB 2020
... individuals are granted permanent residency once they have invested at least $5 million in Australian capital projects, shares or corporate and government bonds. Those against the scheme, including the Productivity Commission, believe the benefits are ...

OneVue takes control of Sargon stake in Sequoia

KANIKA SOOD  |  THURSDAY, 6 FEB 2020
... of one of the assets under OneVue's secured interest," OVH said in ASX filings this afternoon, referring to 23 million shares in Sequoia. "OneVue will now assist the receivers to realise the full value of this asset...the receiver is continuing to to ...

Wealth manager makes senior appointment

ALLY SELBY  |  MONDAY, 3 FEB 2020
... & Partners merged with Alan Dixon's Dixon Advisory in 2017, and floated soon after in 2018. When it listed, Evans Dixon shares were trading at $2.50 apiece. Since then, the company has fallen from grace, sliding more than 73% and wiping millions from ...