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Showing 1431 - 1440 of 3465 results for "Stake"

Australia to lean on super

HARRISON WORLEY  |  MONDAY, 23 MAR 2020
The superannuation sector has been called on to act as a key pillar in Australia's response to the COVID-19 pandemic, with the early release of super a central tenet of the government's new policy initiatives. The government's latest suite ...

CFA postpones exams

ELIZA BAVIN  |  FRIDAY, 20 MAR 2020
The CFA Institute has postponed the June 2020 CFA exam, saying the decision was reached for the safety of the global community. CFA said the health and safety of employees, stakeholders and affiliates around the world is its top priority, as COVID-19 ...

Ellerston, Morphic look to oust Perpetual

KANIKA SOOD  |  WEDNESDAY, 18 MAR 2020
... told investors of its intention to retire Perpetual as the RE and appoint Ellerston Capital, which bought a controlling stake in the boutique last year. The matter is to be put to a shareholder vote on April 6 and will need approval from 50% of the investors ...

Prodigy folds, two boutiques to shut

KANIKA SOOD  |  WEDNESDAY, 18 MAR 2020
... Funds Management, which includes OzGrowth and Westoz, which together had $220 million at February end. Euroz has a 40.58% stake in OzGrowth and a 27.3% stake in Westoz.

UK asset manager acquires stake in retirement funder

ELIZABETH MCARTHUR  |  TUESDAY, 17 MAR 2020
A UK asset manager and financial services provider has acquired a 20% stake in a local specialised retirement funder. Household Capital announced the completion of series B financing with Legal & General. Existing and new investors joined Legal & General ...

Former Toys "R" Us executives face fraud charges

ALLY SELBY  |  MONDAY, 16 MAR 2020
Former executives of the popular children's store lined their pockets with $26 million (US$16 million) in bonuses just days before filing for bankruptcy, including a $4.2 million (US$2.6 million) bonus awarded to chief executive David Brandon. This ...

Stand still, get left behind

ELIZABETH MCARTHUR  |  MONDAY, 16 MAR 2020
The world of ESG integration into the investment process has moved ahead so rapidly that industry experts agree those who aren't yet on the bandwagon will likely be left behind. In order to keep up with the times, many firms have introduced proprietary ...

Pension fund acquires Plenary Group business

JAMIE WILLIAMSON  |  FRIDAY, 13 MAR 2020
... pension fund. Caisse de depot et placement du Quebec (CDPQ) will acquire Plenary Americas' in addition to the controlling stake already held through its PPP portfolio. Plenary Asia Pacific will retain a minority interest in the business, and Plenary ...

Foreign fund managers granted licensing relief

HARRISON WORLEY  |  WEDNESDAY, 11 MAR 2020
Overseas fund managers are set to be exempt from requiring an Australian financial services licence for the purposes of convincing professional investors to become a client. Under ASIC's newly released foreign financial services provider regulatory ...

Moody's to give free research

ELIZA BAVIN  |  WEDNESDAY, 11 MAR 2020
Moody's have announced it is offering free research and views on the credit and economic impact of the coronavirus. It has launched a dedicated website that will be updated on an ongoing basis, bringing together insights from across the company, providing ...