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Showing 1381 - 1390 of 8993 results for "ASX"

Westpac settles life insurance class action

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 APR 2021
... insurance policies by its financial advisers. The settlement is capped at $30 million, and Westpac said in an announcement to the ASX that the settlement is still subject to Federal Court approval. Shine Lawyers head of class actions Jan Saddler said ...

AMP Capital fails to stop fund merger

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 APR 2021
... 50% interest in 309-321 Kent Street, Sydney - the other 50% of which is owned by Dexus. Dexus said in an announcement to the ASX that the AMP Capital fund is currently subject to a "meaningful volume" of redemption requests and that it plans to satisfy ...

Raiz acquires superannuation platform

KANIKA SOOD  |  WEDNESDAY, 28 APR 2021
ASX-listed Raiz will pay $9.5 million to acquire a firm with a $70 million Choice superannuation fund. Raiz is set to buy Superestate, whose business includes superannuation, a residential property fund, and a property data platform. Under the deal ...

Fund manager creates lead distribution role

KARREN VERGARA  |  WEDNESDAY, 28 APR 2021
... recently at multi-boutique Pacific Current Group as managing director of business development. Bramley spent nearly nine years at ASX-listed Pacific Current, and before that held senior distribution roles at Mercer, Russell Investments and MLC. Paradice ...

BetaShares launches hybrids ETF

KANIKA SOOD  |  TUESDAY, 27 APR 2021
BetaShares has launched a new ETF that invests in ASX-listed preference shares issued by the big four Australian banks. The BetaShares Major Bank Hybrids Index ETF (ASX: BHYB) will invest in ASX-listed, AUD denominated preference share issues with a ...

MIRA to acquire waste management firm

KARREN VERGARA  |  TUESDAY, 27 APR 2021
... Infrastructure and Real Assets is set to acquire a waste management company for about $2.3 billion. MIRA is offering to buyout ASX-listed BINGO (BIN) for $3.45 per share, representing a 33% premium on the target company's one-month average share ...

CountPlus member firm to make acquisition

ANNABELLE DICKSON  |  TUESDAY, 27 APR 2021
The ASX-listed advice and accounting group has announced its member firm Kidmans Partners Wealth is acquiring the financial advice services of another member firm. Kidmans will pay $290,000 to Colgin Financial Services with $150,000 paid on completion ...

Cboe Chi-X takeover progresses

ELIZABETH MCARTHUR  |  TUESDAY, 27 APR 2021
... passive," Jokovic said. "From December of last year there has been about 15 new ETFs come to market. We've done eight and the ASX has done seven. And I think that as competition ramps up further it will be good in regards to pricing tension around ETFs ...

ACSI launches new climate change policy

ELIZABETH MCARTHUR  |  MONDAY, 26 APR 2021
The Australian Council of Superannuation Investors (ACSI) may now recommend super funds vote against companies that fail on climate-related risk. The newly updated policy from ACSI aims to improve how companies approach climate change risk. The policy ...

Mainstream posts record quarter

KANIKA SOOD  |  MONDAY, 26 APR 2021
The ASX-listed fund administrator ended March with $272.2 billion in funds under advice, as its Pendal win and inflows delivered a 21% uptick in FUA from the previous quarter. Mainstream has 348 clients and 1042 funds at March end, up 1% (five new net ...