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Showing 1581 - 1590 of 7034 results for "December"

ASIC defers portfolio holdings disclosure deadline

KARREN VERGARA  |  WEDNESDAY, 9 DEC 2020
... disclose their portfolio holdings. The regulator has extended the relief, which defers the first reporting day to 31 December 2021. The relief was set to expire on 31 December 2020, requiring trustees to publish information about holdings on the fund's ...

Kiwi firm rejects AustralianSuper takeover bid

KARREN VERGARA  |  WEDNESDAY, 9 DEC 2020
... Yesterday, the super fund revised it to NZ$7.43 per share, factoring in a 28.1% premium on IFT's closing share price on December 4. IFT cited other "unattractive" aspects of the offer, one being meeting material conditions from the Foreign Investment ...

Acadian hires from Macquarie

ELIZABETH MCARTHUR  |  TUESDAY, 8 DEC 2020
... $140 billion quantitative firm's Australian office as vice president product and wholesale markets. At the start of December, Acadian reduced fees for several of the funds it manages in Australia. The asset manager said in addition to reducing base ...

Link takeover heats up

KARREN VERGARA  |  TUESDAY, 8 DEC 2020
... Holdings is offering $5.65 per share to acquire 100% of Link via a scheme of arrangement. Link shares closed at $4.96 on December 7 and jumped as high as 13% to $5.61 mid-morning, the day after SS&C announced its interest. On October 28, Link rejected ...

Bennelong adds to board

KARREN VERGARA  |  TUESDAY, 8 DEC 2020
... joined the board of the fund manager and its parent company Bennelong Funds Management Group as non-executive director on December 1. Dwyer served as First State Super chief executive between 2004 and 2018. He currently holds several directorships: NSW ...

Chief economist update: China turns crisis into opportunity

BENJAMIN ONG  |  TUESDAY, 8 DEC 2020
... a vaccine becomes widely distributed. Speaking of the vaccine, China's also turning this into an opportunity. On December 6 ABC News reported that: "China's fledgling pharmaceutical industry has at least five vaccines from four producers being ...

Magnolia bids for real estate agency

KARREN VERGARA  |  MONDAY, 7 DEC 2020
... cents per AU1 share in return for 100% of fully paid ordinary shares. The share price of AU1 closed at five cents on December 4. The Agency Group has a team of real estate agents nationwide; it also provides property management and financial services. ...

SelfWealth launches US trading

ELIZABETH MCARTHUR  |  MONDAY, 7 DEC 2020
... 65,000+ Australian investors can pre-register for a US trading account, they will then be able to trade US stocks from 14 December 2020. The launch will be followed by a new SelfWealth Android and Apple app, with an exact date for the app launch yet ...

Chief economist update: Greed is good

BENJAMIN ONG  |  MONDAY, 7 DEC 2020
... you very much." - Gordon Gekko "Greed is good". That was the central message of the 1987 film Wall Street - released in December of the same year, shortly after the 1987 crash. Greed by any other name... Nowadays, TINA (there is no alternative) and FOMO ...

Best managed funds, ETFs named

STAFF WRITER  |  FRIDAY, 4 DEC 2020
... (2.12% for the year and 6.86% p.a. over five years). The full list of Best of the Best winners is revealed in Money's December-January issue, out now. For more information on how the winners were selected, click here.