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Showing 1351 - 1360 of 3464 results for "Stake"

Bezos adds billions

ELIZA BAVIN  |  WEDNESDAY, 22 JUL 2020
... Washington Post which he bought for $250 million in 2013. Bezos' ex-wife also saw a surge in her wealth, after obtaining a 4% stake in Amazon following the couples divorce, and is now the 13th richest person in the world.

Iress wins mandate

KANIKA SOOD  |  MONDAY, 20 JUL 2020
... Alex Waislitz's Thorney Opportunities and related companies. Thorney-related companies have continued to build their stake in OVH, and currently have 17.09% of the total votes, per the latest change in substantial shareholding notice filed with ASX ...

Aware Super unaware of members with disabilities

KANIKA SOOD  |  MONDAY, 20 JUL 2020
First State Super's planned rebrand to Aware Super last week ran into trouble when the fund failed to disseminate the information in formats accessible to all members. A First State Super member, who has a hearing impairment, wrote to the fund's ...

360 Capital eyes LIC

KANIKA SOOD  |  FRIDAY, 17 JUL 2020
360 Capital has acquired an 18.53% stake in an ASX-listed closed-ended fund, as it engaged with its management to appoint it as the responsible entity. The Australian Enhanced Income Fund (AYF) was listed on the ASX in October 2006 and invests in up ...

Administrators appointed to iProsperity

ELIZABETH MCARTHUR  |  FRIDAY, 17 JUL 2020
Real estate investment manager iProsperity has taken a hit from COVID-19, resulting in administrators being appointed to the group. Cor Cordis has been appointed voluntary administrator to the companies in the iProsperity Group but their appointment ...

Merged First State Super reveals new brand

KANIKA SOOD  |  WEDNESDAY, 15 JUL 2020
The $120 billion fund has picked a new name, with the First State Super name expected to be dropped from September. Meanwhile VicSuper's brand name will be retained for the interim. Both First State Super and StatePlus brand names will be replaced ...

Banks brace for major loan losses

ALLY SELBY  |  WEDNESDAY, 15 JUL 2020
Three of the United States' biggest banks have set aside approximately $40 billion (US$28 billion) to brace for COVID-19 related loan losses, as Wells Fargo posts its first quarterly loss since the Global Financial Crisis. Citigroup saw its net income ...

J.P. Morgan launches ESG integration policy

RACHEL ALEMBAKIS  |  TUESDAY, 14 JUL 2020
J.P. Morgan Asset Management has launched a new integrated ESG policy statement for its global funds management business. The new ESG policy includes a proprietary 10-point ESG scoring system to evaluate its asset management teams on their level of ...

Multi-boutique adds to US team

KANIKA SOOD  |  MONDAY, 13 JUL 2020
... New York, London and Edinburgh. In April, a Bennelong boutique Wheelhouse Investment Partners bought back Bennelong's stake in their global equities boutique. Last month, another multi-boutique, Ian Macoun's Pinnacle Investment Management added ...

Global infrastructure proves profitable: LGIAsuper

ELIZA BAVIN  |  MONDAY, 13 JUL 2020
... forefront of the growing renewable energy market. "Our participation in the ISQ Global Infrastructure Fund means we have a stake in several early industry leaders, like Amplus Energy, a thriving solar energy provider in India," Farrar said. "Renewable ...