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Showing 1921 - 1930 of 8993 results for "ASX"

Sargon companies in administration

KANIKA SOOD  |  MONDAY, 3 FEB 2020
... trading halt on Friday, as it awaits deferred payments from Sargon for the sale of the Diversa Trustees business. Today, the ASX-listed business's board and executives said the Sargon saga hasn't impacted its day-to-day business but it is taking ...

Argo Investments' profit plunges

ALLY SELBY  |  MONDAY, 3 FEB 2020
... in 2019. Excluding the demerger dividend, Argo's first-half profit still fell 2.3%. The fund outperformed the benchmark S&P/ASX 200 Index return of 3.1%, returning 3.8% in the six months to December 31. Argo's share price reached an all-time high of ...

ANZ completes OnePath sale to IOOF

ELIZABETH MCARTHUR  |  MONDAY, 3 FEB 2020
... dealer groups in 2018. It was a renegotiated sale price, down $125 million from the original $950 million announced to the ASX in October 2019. "ANZ estimates proceeds from the transaction will increase its CET1 capital ratio by ~20 basis points," the ...

Westpac facing new class action

ELIZA BAVIN  |  MONDAY, 3 FEB 2020
... amount. "Westpac will be defending the claim and notes other similar lawsuits may be filed," the bank said in a statement on the ASX. The news comes after the bank was hit with another class action in December last year on behalf of shareholders in relation ...

Adamantem acquires ASX-listed company

ELIZA BAVIN  |  MONDAY, 3 FEB 2020
... public-to-private transaction and will be the fund's sixth investment in its portfolio since launching in 2017. "Legend is an ASX-listed designer, manufacturer and distributor of products and accessories to trade specialists across a diversified range ...

Perpetual to build US distribution

KANIKA SOOD  |  FRIDAY, 31 JAN 2020
... Perpetual is set to acquire a US investment firm managing $5.5 billion, and will establish a distribution arm in the US. The ASX-listed asset manager will pay about $54 million to acquire Boston-based Trillium Asset Management. Trillium has been around ...

Link Group expands with Europe acquisition

ELIZA BAVIN  |  FRIDAY, 31 JAN 2020
... servicing, advisory and asset management across both residential and commercial segments," Link Group said in a submission to the ASX. "The business has well established operations in the UK and Ireland underpinned by longstanding customer relationships ...

BlackRock shuts ASX-listed ETF

KANIKA SOOD  |  THURSDAY, 30 JAN 2020
BlackRock has informed investors of its plans to wind up an ASX-listed exchange traded fund following lacklustre demand. The iShares MSCI Taiwan ETF (ITW) started trading in Australia in November 2007 and at the end of last year had $5.65 million in ...

Bearish sentiment bites Aussie investors

ALLY SELBY  |  THURSDAY, 30 JAN 2020
... investors currently allocate the largest proportion of their total portfolio to unlisted managed funds (7%, on average), while ASX-listed investments such as ETFs and LICs are gaining popularity (both 4%, up from 3% in 2018)," he said. "Users of managed ...

SSGA to scrutinise ASX 100 directors

ELIZABETH MCARTHUR  |  THURSDAY, 30 JAN 2020
From this voting season, State Street Global Advisors will take action against board members of ASX 100 companies it feels are lagging on ESG issues. SSGA chief executive Cyrus Taraporevala has written to board members to outline the manager's new approach ...