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Showing 1781 - 1790 of 8993 results for "ASX"

ASX-listed brokerage appoints managing director

ALLY SELBY  |  MONDAY, 18 MAY 2020
An ASX-listed share trading platform has appointed a managing director. Robert Edgley has been appointed as the managing director of SelfWealth, after serving as a non-executive director and acting chief executive since November 26 last year. Edgley ...

March ASX200 volatility worse than GFC

KANIKA SOOD  |  THURSDAY, 14 MAY 2020
... Financial Crisis, according to new research from Allan Gray. Nine trading days in March showed volatility above 10% for S&P/ASX 200, with seven of them being consecutive days. During the GFC (between 2007 and 2009), there were only four trading days ...

New fund listing cancelled

ELIZA BAVIN  |  THURSDAY, 14 MAY 2020
A new credit fund has launched but plans to list it on the ASX have been scrapped due to the market volatility as a result of the COVID-19 outbreak. 360 Capital announced the launch of its new Credit Income Fund that will remain unlisted to avoid impacts ...

Morningstar downgrades two Vanguard funds to neutral

KANIKA SOOD  |  WEDNESDAY, 13 MAY 2020
... moved to a Morningstar analyst rating of neutral yesterday. The first fund, which has been running since 1998, tracks the S&P/ASX 300 Index and over five and 10 years to March end had beat the average peer by "a small but convincing margin". It has tracked ...

Pengana eyes fully franked dividend

ELIZA BAVIN  |  WEDNESDAY, 13 MAY 2020
... vehicles by amending its investment mandate with an objective to fully frank future dividends. Pengana International Equities (ASX:PIA) said it has implemented a change in the investment mandate so that it will be managed with the "specific additional ...

CBA sells 55% of CFS

JAMIE WILLIAMSON  |  WEDNESDAY, 13 MAY 2020
... Commonwealth Bank is set to offload 55% of Colonial First State to a $335 billion global investment firm. Announced to the ASX this morning, CBA has entered an agreement to sell 55% of CFS to private equity firm KKR. CBA said the transaction implies ...

Investors pile into companies on life support

ALLY SELBY  |  TUESDAY, 12 MAY 2020
News that the Australian economy may be opening sooner than previously thought saw the S&P/ASX 200 surge on Monday, with investors buying into heavily sold-off sectors. Today, markets have dropped on fears of a second wave, with news of fresh cases ...

Compliance crackdown, consultations on horizon: ASX

ALLY SELBY  |  TUESDAY, 12 MAY 2020
The chief compliance officer of the ASX has revealed the stock exchange is continuing to focus on advisers gouging fees during the COVID-19 crisis, and revealed the several consultations it has on the horizon. Speaking over the phone for the Governance ...

CountPlus acquires firm

ELIZABETH MCARTHUR  |  TUESDAY, 12 MAY 2020
... part of an agreed succession plan. CountPlus referred to the acquisition as a tuck-in acquisition. In an announcement to the ASX, CountPlus put consideration for the acquisition at $200,000 with 60% to be paid on completion and the balance over two deferred ...

Pendal's product pipeline for 2020

KANIKA SOOD  |  MONDAY, 11 MAY 2020
Pendal Group's seed capital spending for new funds was about 16% lower in the year ending March but the ASX-listed manager has fresh products in the works. At March end, Pendal had $199.7 million in total seed capital investments across 14 funds, down ...