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Showing 1661 - 1670 of 15777 results for "TER"

More than 11k businesses call in administrators

MATTHEW WAI  |  FRIDAY, 26 JUL 2024
ASIC's annual insolvency data shows more than 11,000 companies entered external administration for the first time last financial year. While the figure is higher than previous peaks in 2011-12 and 2012-13, ASIC clarified that there are more businesses ...

Eildon confirms talks with Trilogy

KARREN VERGARA  |  FRIDAY, 26 JUL 2024
Eildon Capital Group flagged that Trilogy Funds is interested in buying "certain assets" from the ASX-listed company but stopped short of confirming a full acquisition. Eildon confirmed it is in discussions with Trilogy relating to a proposed transaction ...

Lanyon to launch ETMF on ASX

ELIZA BAVIN  |  FRIDAY, 26 JUL 2024
Lanyon has announced the Lanyon Investment Fund will commence trading as an exchange-traded managed fund (ETMF) on the ASX on August 1. Lanyon said the listing is a significant milestone for the fund, with the decision to pursue the ASX quotation following ...

ANZ staff axed over treasury bond scandal

ELIZA BAVIN  |  THURSDAY, 25 JUL 2024
ANZ has provided an update on its investigations into its Australian Markets business in relation to a 2023 bond transaction. ANZ chief executive Shayne Elliott said the bank had been working with the Australian Securities and Investments Commission ...

Insignia Financial looks to slash redundancy entitlements

JAMIE WILLIAMSON  |  WEDNESDAY, 24 JUL 2024
The Finance Sector Union (FSU) is calling on Insignia Financial to rethink a proposed overhaul of redundancy pay arrangements after the wealth manager tabled a plan to cut entitlements by more than half. The FSU is currently negotiating a new Enterprise ...

Sequoia chief reappointed, hunt for successor kicks off

ANDREW MCKEAN  |  WEDNESDAY, 24 JUL 2024
Sequoia Financial Group chief executive Garry Crole has accepted a fixed-term contract that will see him extend his tenure to June 2026, but succession planning efforts are afoot. This fulfills the promise made in a company presentation to investors ...

Perpetual net outflows top nearly $9bn

KARREN VERGARA  |  WEDNESDAY, 24 JUL 2024
Perpetual's asset management business failed to stem outflows before the financial year end, which saw $8.9 billion of investor money exit its six boutiques. Former investors of Pendal Asset Management drove the exodus, walking away with a whopping ...

Investors brace for turbulence as Biden backs out

ELIZA BAVIN  |  TUESDAY, 23 JUL 2024
Investors are preparing for some market turbulence in the US after President Joe Biden pulled out of the race for President against Donald Trump. American Century chief investment officer Rich Weiss said Biden's decision to withdraw as the Democratic ...

AustralianSuper, HESTA acquire majority stake in housing developer

ANDREW MCKEAN  |  TUESDAY, 23 JUL 2024
AustralianSuper and HESTA have taken a majority stake in a new housing company that seeks to provide institutional investors stable, long-term returns through large-scale housing investments across Australia. The new company, backed by the industry ...

NZSF returns 17%, smashes benchmarks

KARREN VERGARA  |  TUESDAY, 23 JUL 2024
New Zealand Super Fund (NZSF) returned a whopping 17% in the year to May, outpacing many of its benchmarks. Under the new leadership of chief executive Jo Townsend, New Zealand's sovereign wealth fund is aiming to double in size from its current ...