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Showing 171 - 180 of 2011 results for "BID"

Jim Lamborn retires from JANA

JAMIE WILLIAMSON  |  THURSDAY, 23 MAY 2024
Jim Lamborn has retired from the asset consultant after more than two decades on its leadership team. Lamborn first joined JANA in 2002 as head of implemented consulting. He held this role for more than 13 years, working across business development ...

ISPT to divest $250m in super prime assets

ELIZA BAVIN  |  TUESDAY, 21 MAY 2024
... driving growth in the sector and with forecast stability in debt markets. "With returning competitive tension and narrowing of 'bid to ask' spreads, we are likely to see an even higher levels of transaction volumes in 2024 and beyond."

Magellan advances MGF conversion to open class

KARREN VERGARA  |  FRIDAY, 17 MAY 2024
... responsible entity, Magellan Asset Management has advanced the conversion process since it was flagged in October of last year, in a bid to address MGF trading at discount to its net asset value (NAV) per unit. Despite MGF being a closed class vehicle ...

Budget 2024: Regulators given boost to combat misconduct, cybersecurity

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
... greenwashing and other related financial misconduct and help further develop Australia's sustainable finance market. In a bid to promote the development of sustainable finance markets in Australia, the government is handing out close to $20 million to ...

Australian Food Super closes failed investment option

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
... Australian Meat Industry Superannuation Trust - also known as AMIST Super - decided to rebrand as Australian Food Super in a bid to expand its membership beyond the meat industry. The fund has about 65,000 members and some $3 billion in assets.

Advisers should leverage US tech blueprint: SIAA panel

KARREN VERGARA  |  TUESDAY, 14 MAY 2024
... proposes creating a new class of financial advisers called "Qualified Advisers" who will not be financially incentivised in a bid to make advice more affordable and accessible for everyday Australians via banks, super funds, and life insurers. Vynokur ...

Morningstar unsure if KKR's Perpetual bid benefits shareholders

ANDREW MCKEAN  |  THURSDAY, 9 MAY 2024
Morningstar has maintained its fair value estimate of $26 per share for Perpetual stock, even after KKR confirmed it will buy its wealth management and corporate trust businesses yesterday. Morningstar analyst Shaun Ler said KKR's proposed acquisition ...

Platinum's FUM dips below $14bn

KARREN VERGARA  |  WEDNESDAY, 8 MAY 2024
... chief executive Jeff Peters unveiled his turnaround plan in March. The reset phase currently underway will slash costs in a bid to "right size" the business. It also involves reviewing existing product offerings and distribution channels, the investment ...

Treasury shakes up foreign investing framework

KARREN VERGARA  |  WEDNESDAY, 1 MAY 2024
... and more participation by providing a fee refund for foreign investment applications that were unsuccessful in a competitive bid process. Additionally, the government will release draft regulations to exempt inter-funding transactions from foreign investment ...

Link shareholders approve takeover

ELIZA BAVIN  |  FRIDAY, 26 APR 2024
... acquisition by MUFG's subsidiary Mitsubishi UFJ Trust & Banking Corporation (The Trust Bank). MUFG made the $1.2 billion takeover bid in December last year. MUFG will pay $2.26 cash for every Link share, inclusive of a $0.16 dividend. The takeover still ...