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Showing 1721 - 1730 of 4464 results for "October"

WAM pushes for HHY closure

KARREN VERGARA  |  TUESDAY, 9 OCT 2018
... attempted to make a takeover bid for HHY in September 2016, AIB's share prices has fallen more than 70% to 23 cents as at October 5. Acting as the responsible entity for both AIB and HHY, Aurora closed the takeover bid on 13 October 2017. Additionally ...

Analysts await next Magellan move

KANIKA SOOD  |  TUESDAY, 9 OCT 2018
... houses have taken a broadly positive view on Hamish Douglass' decision to step down as chief executive of Magellan. On October 4 Douglass essentially swapped roles with the firm's chair Brett Cairns with Cairns appointed chief executive. Following ...

Banks to answer for Hayne report

JAMIE WILLIAMSON  |  MONDAY, 8 OCT 2018
... report. The House of Representatives Standing Committee on Economics will commence its next round of public hearings on October 11, 12 and 19. The hearings will provide an important opportunity to scrutinise the bank chiefs following the Royal Commission ...

Australian Unity mulls fund takeover

JAMIE WILLIAMSON  |  MONDAY, 8 OCT 2018
... scheme. Starwood is offering $2.95 cash per unit, which is a premium of 9.7% on the fund's closing price of $2.69 from October 5. This is the fourth offer from Starwood this year, with the previous three all having been rejected by Australian Unity ...

Chief economist update: An Indian surprise

BENJAMIN ONG  |  MONDAY, 8 OCT 2018
... back. The RBI kept interest rates unchanged - repo rate at 6.5%, reverse repo rate at 6.25% - at the conclusion of its October 5 board meeting, following a 25 bps increase at its previous meeting on August 1. The RBI's decision defied consensus expectations ...

Fidelity launches active ETF

KANIKA SOOD  |  FRIDAY, 5 OCT 2018
... opposed to the regulatory requirement of reporting holdings quarterly with a two week lag. The launch date is set for October 29.

Managed accounts provider ramps up tech strategy

KARREN VERGARA  |  FRIDAY, 5 OCT 2018
... discretionary account solution will be the first to benefit from the technology upgrade, due to be rolled out in late October. MGP flagged the transformation following its merger with Linear Financial Holdings in November 2017. It purchased 100% of Linear ...

Chief economist update: That other Fed policy towards normalcy

BENJAMIN ONG  |  THURSDAY, 4 OCT 2018
... Fed's normalisation policy - its balance sheet unwind. The Fed started to shrink its balance by US$10 billion a month in October, November and December last year, which then accelerated by another US$10 billion every three months. This month, the ...

The joys of an independent board

KANIKA SOOD  |  WEDNESDAY, 3 OCT 2018
... trust issued more shares and a new prospectus was published. The result? ATT was trading at a premium of under 3% to an October 1 close. Another board that worked the premium on its trust's NAV is JPMorgan Global Growth and Income trust. "As a board ...

Government to relax super work test

KARREN VERGARA  |  WEDNESDAY, 3 OCT 2018
... individual's superannuation can be transferred into the retirement phase. Treasury's consultation period is open until October 26.