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Showing 1331 - 1340 of 3010 results for "August 7"

ANZ, Deutsche and Citigroup under investigation for alleged cartel conduct

KANIKA SOOD  |  FRIDAY, 1 JUN 2018
ANZ is being investigated for alleged criminal cartel conduct during an August 2015 institutional share placement, the bank and the Australian Competition and Consumer Commission (ACCC) confirmed this morning. The ACCC said it expects the Commonwealth ...

Chief economist update: Erdogan's Turkey is cooked

BENJAMIN ONG  |  FRIDAY, 25 MAY 2018
I'm all for transparency but some discussions or disagreements are better resolved behind closed doors. Not for the limelight/spotlight-hogging president of the US. Donald Trump didn't take to Twitter this time, he penned an open letter to tell ...

Perennial cuts fees for defensive LIC, revises investment strategy

ALEX BURKE  |  TUESDAY, 22 MAY 2018
Perennial has reduced management fees for its defensive listed investment company as part of a revision of the overall investment strategy. Management fees for the Wealth Defender Equities LIC will be cut from 0.98% to 0.8%. This follows the LIC's ...

BlackRock confirms iShares delisting timetable

KANIKA SOOD  |  FRIDAY, 11 MAY 2018
BlackRock has laid out options for iShares ETF investors to liquidate their holdings, reconfirming it will suspend the trading of five products from the ASX in about a month. On May 3, BlackRock said it was pulling five iShares products from the Australian ...

S&P reaffirms Sirtex after new offer from Chinese manager

ALEX BURKE  |  TUESDAY, 8 MAY 2018
ASX-listed healthcare firm Sirtex, whose investors include some of Australia's leading fund managers, will remain in the S&P/ASX 200 after its US takeover has been postponed in light of a new offer. Sirtex entered into a trading halt and then announced ...

Perpetual director joins ING board

KARREN VERGARA  |  MONDAY, 7 MAY 2018
A Perpetual non-executive director and the chair of its listed investment company has joined the board of ING Australia. Nancy Fox has served as a non-executive director at Perpetual since September 2015. She was appointed chair of Perpetual's first ...

Trustee firm lists $2bn in RMBS debt securities

KANIKA SOOD  |  FRIDAY, 4 MAY 2018
Perpetual Trustee Company has listed three new debt securities on the ASX, which together are offering about $2 billion of RMBS debt securities to wholesale investors. Last month, Perpetual said Aussie investor's appetite for RMBS is strong, and more ...

S&P to remove ASX healthcare firm from index

ALEX BURKE  |  FRIDAY, 4 MAY 2018
An ASX-listed healthcare firm, currently subject to a potential class action by shareholders which include major Australian asset managers, will be removed from the ASX 200 pending acquisition by a US company. S&P Dow Jones Indices said Sirtex Medical ...

Moving on up to target

BENJAMIN ONG  |  TUESDAY, 1 MAY 2018
It's getting closer and closer - the inflation measure that the US Federal Reserve tracks in assessing monetary policy direction is just a pip short of its 2% target. The core PCE price index increased by 1.9% in the year to March, a significant increase ...

Blue Sky MD resigns

ALEX BURKE  |  MONDAY, 23 APR 2018
Blue Sky's managing director, who took over from founder Mark Sowerby in August 2016, is resigning from the company to help "rebuild market confidence." Robert Shand presided over Blue Sky during a difficult period, where US hedge fund Glaucus Research ...