Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1321 - 1330 of 3465 results for "Stake"

Northern Trust launches ESG capability

ALLY SELBY  |  FRIDAY, 21 AUG 2020
Global custodian Northern Trust announced it has redeveloped its environmental, social and governance analytics capabilities to now include key environmental data categories. Northern Trust's clients, many of which are asset owners such as pension and ...

Superannuation critical to economic recovery

ANNABELLE DICKSON  |  THURSDAY, 20 AUG 2020
... investors in NSW Ports which manage key infrastructure assets including Port Botany and Port Kembla. AMP Capital has a 50% stake in the Macarthur Wind Farm. First State Super and HESTA have major stakes in the Snowtown 2 Wind Farm in South Australia. ...

WAM makes proposition plans public

ALLY SELBY  |  WEDNESDAY, 19 AUG 2020
... proposal to appointment an unproven manager of LICs is flawed and on unfavourable terms for the company." WAM has a 14.3% stake in CIE at present, with Wilson slamming its current board for the company's poor performance and "their appalling decisions". ...

Mayfair 101's vision for Mission Beach is sinking

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 AUG 2020
The Bond family has threatened to foreclose on Mayfair 101's crown jewel - its much anticipated development of the Mission Beach region. In a release to the media, Mayfair 101 founder and managing director James Mawhinney insisted that the Mission Beach ...

ANZ posts profit, announces dividend

ELIZA BAVIN  |  WEDNESDAY, 19 AUG 2020
ANZ has announced an unaudited statutory profit for the third quarter of $1.32 billion and an interim dividend of 25 cents per share, fully franked. The bank reported an unaudited cash profit from continuing operations of $1.5 billion, with chief executive ...

Alternative assets are the new bonds: JPMAM

ELIZA BAVIN  |  WEDNESDAY, 19 AUG 2020
Core alternative real estate assets are the new bonds, according to J.P. Morgan Asset Management, which said a well-diversified portfolio of core real assets can offer two-three times the income premium of traditional fixed income. Speaking at an online ...

thedocyard details merger, proposes raise

ANNABELLE DICKSON  |  WEDNESDAY, 19 AUG 2020
... thedocyard expects to undertake a share consolidation on a 10 for 1 basis leading to current shareholders to having an 18% stake in the combined entity while existing Ansarada stakeholders will have a 47% stake. Ansarada chief executive Sam Riley said ...

Challenger boutique managing Nikko strategy

KANIKA SOOD  |  TUESDAY, 18 AUG 2020
... emailed statement. Ardea manages about $15.5 billion. Challenger's multi-boutique business Fidante Partner has a minority stake in the business and acts as the distributor.

Charter Hall, sovereign wealth fund partner

JAMIE WILLIAMSON  |  MONDAY, 17 AUG 2020
Charter Hall has partnered with a $140 billion sovereign wealth fund to acquire a 49% stake in the $1.4 billion Ampol Property Trust. Charter Hall and Singapore's sovereign wealth fund GIC have together acquired almost half of the portfolio which ...

Cash earnings fall, MLC sale pending: NAB

ALLY SELBY  |  FRIDAY, 14 AUG 2020
National Australia Bank has reported a 7% fall in cash earnings to $1.55 billion for the third quarter, as the bank confirms it is still "actively exploring" options for the sale of its wealth management business. While a public market exit for the ...