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Showing 1701 - 1710 of 7414 results for "MAI"

Link faces another lawsuit

KARREN VERGARA  |  TUESDAY, 9 MAR 2021
Link Market Services has been hit with another lawsuit for allegedly failing to protect more investors from the troubled Woodford Equity Income Fund (WEIF). UK law firm Leigh Day is representing more than 4000 clients who invested in the WEIF, which ...

Mainstream to be acquired for $170m

ELIZA BAVIN  |  TUESDAY, 9 MAR 2021
Mainstream has announced it entered a scheme of implementation deed with Vistra to acquire 100% of the company for an implied value of $170 million. The offer of $1.20 per share represents a 300% increase over Mainstream's share price at IPO in October ...

BetaShares eyes expansion with new shareholder

KANIKA SOOD  |  MONDAY, 8 MAR 2021
BetaShares chief Alex Vynokur says the firm is open to acquisitions, listing its ETFs overseas and adding a retirement income product, as it brings on a US private equity investor. TA Associates has become a roughly 50% shareholder in BetaShares Holdings ...

ASX200 needs executive equality: ACSI

ANNABELLE DICKSON  |  MONDAY, 8 MAR 2021
The boards of the ASX200 are tracking towards gender equality, but female representation is still lacking in executive roles, according to new research. The latest analysis by the Australian Council of Superannuation Investors (ACSI) showed women now ...

Celebrating women in financial services

STAFF WRITER  |  MONDAY, 8 MAR 2021
According to recent data from the Workplace Gender Equality Agency, women hold 14.6% of chair positions, 28.1% of directorships and represent 18.3% of chief executives and 32.5% of key management personnel. Perhaps most concerning of all, only 0.4% ...

Chief economist update: Getting hot, hot, hot

BENJAMIN ONG  |  MONDAY, 8 MAR 2021
Crude oil remains hot with prices soaring to 14-month highs. This year to date, the price of Brent oil has surged by 30.5% to US$66.85 per barrel and that of the WTI soared by 31.2% -- more than making up for the full-year 2020's loss of 24.4% and ...

Fidante strikes new partnership

KANIKA SOOD  |  FRIDAY, 5 MAR 2021
Challenger's multi-boutique business has partnered with a Japanese asset management giant in a two-way relationship. Nomura Asset Management, which has over $500 billion in assets under management, will support Fidante's Japanese ambitions. Fidante ...

Venture capital firm in data breach

KARREN VERGARA  |  WEDNESDAY, 3 MAR 2021
A US venture capital firm that recently won a mandate with the Future Fund is the subject of a cybersecurity breach that involved a phishing scam. Sequoia Capital informed investors last week that sensitive information has been accessed by a third party. ...

Chief economist update: Getting better, but not better enough

BENJAMIN ONG  |  WEDNESDAY, 3 MAR 2021
"Betterer and betterer!" Like Alice who "quite forgot how to speak good English", there appears to be universal optimism over the economic outlook as central banks watch "through the looking glass". This sentiment is echoed by the Reserve Bank of Australia ...

T. Rowe Price expands in Asia

ELIZA BAVIN  |  TUESDAY, 2 MAR 2021
T. Rowe Price has expanded its research coverage with the establishment of a new office in Shanghai. The investment firm announced it opened the new research office following the establishment of a wholly foreign-owned enterprise, T. Rowe Price Investment ...