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Showing 1671 - 1680 of 8993 results for "ASX"

Sydney Aussie equities manager trims fees

KANIKA SOOD  |  MONDAY, 10 AUG 2020
... Performance fees remain the same at 15% on above benchmark returns (waived for any periods or negative return). The benchmark is S&P/ASX Mid Cap 50 Index. It is owned 20% by WHSP with the rest of the ownership split evenly between Millner and Culbert. ...

Link Group hires new chief executive

KANIKA SOOD  |  FRIDAY, 7 AUG 2020
... director in 2002. Prior to this, he had worked as UBS Australia's chief executive, and the executive general manager of the ASX's investors and companies division. "Vivek is a proven leader with a track record of delivering improved business performance ...

IOOF divests Australian Ethical

ELIZABETH MCARTHUR  |  FRIDAY, 7 AUG 2020
IOOF has sold its minority shareholding in Australian Ethical for $74.5 million. In an announcement to the ASX, IOOF said it has sold 14.2 million shares in Australian Ethical, reducing its stake to approximately 5.5 million shares. That reduces IOOF's ...

Chief executives cop pay cuts

ANNABELLE DICKSON  |  FRIDAY, 7 AUG 2020
Australia's top ranking bosses have endured pay cuts as boards have reined in bonuses ahead of the COVID-19 pandemic according to the Australian Council of Superannuation Investors (ACSI). ACSI's CEO Pay in ASX200 Companies research shows that ...

OneVue to take Taiping to court

KANIKA SOOD  |  THURSDAY, 6 AUG 2020
... Taiping Trustees to assert its right to about $9.4 million sale proceeds of Madison Financial Group and Sequoia shares. The ASX-listed company said its preference is still to resolve the matter out of courts but felt it necessary to commence court proceedings ...

ASX reviewing CHESS replacement feedback

ALLY SELBY  |  THURSDAY, 6 AUG 2020
The ASX is now reviewing market recommendations on the new system to replace CHESS, following the conclusion of a four-week consultation period ending July 28. CHESS was developed by the ASX over 25 years ago, enabling the conversion of physical shares ...

BetaShares rejigs oil ETF...again

KANIKA SOOD  |  WEDNESDAY, 5 AUG 2020
... risks have a risk management strategy," BetaShares chief executive Alex Vynokur said. OOO is now the worst-performing of all ASX-listed ETFs at -73.1% return year to date, as at July 24. It raked up significant inflows earlier in the year but ended June ...

Bain Capital begins restructure reckoning

ALLY SELBY  |  WEDNESDAY, 5 AUG 2020
... plans to preserve as many roles as possible as we help reset the airline for long term sustainable success," he said. In an ASX announcement, Virgin today revealed it will remove its ATR, Boeing 777, Airbus A330 and Tigerair Airbus A320 aircraft and ...

Partners Group hires from GSFM

KANIKA SOOD  |  TUESDAY, 4 AUG 2020
... markets multi-asset fund, a fund that invests in sub-asset classes of private equity, an unlisted real estate fund and an ASX-listed private debt closed ended fund. Partners Group Global Value Fund, which invests in private equity sub-asset classes was ...

Pinnacle reports FY20 inflows, profits

KANIKA SOOD  |  TUESDAY, 4 AUG 2020
... 'lumpy', it is nevertheless pleasing that institutional net inflows have been stronger again in May and June," PNI said in ASX filings. During the 12 months, Pinnacle added three managers (Aikya, Coolabah and Reminiscent) and built its overseas ...