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Showing 161 - 170 of 517 results for "Public Offer"

Cromwell withdraws REIT prospectus

ALEX BURKE  |  MONDAY, 25 SEP 2017
Despite what Cromwell Property Group described as significant interest from institutional and retail investors, the firm has elected not to register the prospectus for its European real estate investment trust. Cromwell said that it will consult with ...

Adviser, SMSF demand driving LIC growth

KARREN VERGARA  |  FRIDAY, 8 SEP 2017
Financial advisers and self-managed super funds are helping drive the strong demand for listed investment vehicles offering wider asset classes and a more diversified portfolio, according to a MinterEllison report. The Australian listed investment companies ...

Westpac halts $14bn asset manager sale

ALEX BURKE  |  FRIDAY, 18 AUG 2017
Westpac has ended discussions regarding the sale of a $14 billion asset management subsidiary after the prospective bidder decided not to proceed. Charter Hall had originally entered talks with Westpac regarding the potential acquisition of Hastings ...

Magellan officially ramps up retail offering

ALEX BURKE  |  THURSDAY, 10 AUG 2017
... IPO will consist of a priority offer to 250,000 to 300,000 Magellan shareholders and retail investors and a general public offer. The priority offer will include a loyalty reward of additional units representing 6.25% of the units allotted to an investor. ...

IRESS and MainstreamBPO in super admin deal

KARREN VERGARA  |  THURSDAY, 13 JUL 2017
... clients to MainstreamBPO subsidiary SuperBPO. The clients, which include seven retirement savings accounts and a public offer retail fund for customer-owned banks, have a combined funds under administration of about $650 million. MainstreamBPO will pay ...

Wealth firm lists on ASX with $7.3m IPO

ALEX BURKE  |  TUESDAY, 20 JUN 2017
A wealth management and chartered accountancy firm is about to list on the ASX following an initial public offering of 7.3 million shares at $1 per share. Kelly+Partners (ASX: KPG) was established in 2006, currently operates 12 offices in Sydney and ...

Equip confirms merger, names CEO and directors

EMMA RAPAPORT  |  MONDAY, 19 JUN 2017
... with which they can confidently do business, whether by merging into Equip, or participating in the fund's Extended Public Offer structure, which provides shared trusteeship and flexible options for investment management and member administration." Fairley ...

Pohl retires from LIC board

EMMA RAPAPORT  |  TUESDAY, 13 JUN 2017
... income through fully franked dividends. The company listed on the ASX after raising $16 million through its initial public offer. Dr Pohl is also well known for founding fund manager Hyperion Asset Management in 1996, and for his enviable record in the ...

Watermark market neutral LIC to launch buy-back

ALEX BURKE  |  TUESDAY, 16 MAY 2017
Watermark Funds Management will undertake an on-market, one-for-one buy-back for its global market neutral listed investment company, Watermark Global Leaders Fund (WGF), after announcing disappointing performance in 2016. In an investor update, Watermark ...

Industry fund appoints two directors

EMMA RAPAPORT  |  TUESDAY, 16 MAY 2017
... technology and innovation officer and chief engagement officer. Mine, Wealth + Wellbeing is a profit to members, public offer fund which manages $10 billion in funds for about 66,000 members.