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Showing 1951 - 1960 of 28255 results for "NOT"

ASX bleeds $41bn from delistings

KARREN VERGARA  |  THURSDAY, 9 JAN 2025
The number of companies that delisted from the ASX in 2024 took $40.5 billion in market capitalisation with them. A total of 78 companies left the ASX in the 12 months to December, netting a total of 2116 entities that remained listed on the exchange. ...

Regal, Magellan book performance fees

KARREN VERGARA  |  WEDNESDAY, 8 JAN 2025
... last three months of 2024. Regal also scored a $200 million mandate from an international investor in this time (which is not yet included in the $18 billion FUM). For the calendar year, Regal reported a total of $2.1 billion in net inflows and mandates. ...

Bull market buoys super funds' 2024 returns

MATTHEW WAI  |  WEDNESDAY, 8 JAN 2025
Superannuation funds turned in double-digit returns for the 2024 calendar year thanks to the bull market, according to the Association of Superannuation Funds of Australia (ASFA), with some achieving nearly 12% for their balanced options. Rest's ...

February rate cut unlikely after inflation data

ELIZA BAVIN  |  WEDNESDAY, 8 JAN 2025
... timing of electricity rebates. In some states and territories, households received two rebate payments in October in lieu of not receiving a payment in July," ABS head of prices statistics Michelle Marquardt said. "From November most households received ...

AustralianSuper wins fund of the year

ANDREW MCKEAN  |  MONDAY, 6 JAN 2025
AustralianSuper has won the Global SWF Fund of the Year award for its leadership, growing investment activity, and significant expansion overseas. Global SWF noted that the super fund has grown from managing $21 billion for 1.2 million members since ...

CC Capital Partners bids for Insignia

KARREN VERGARA  |  MONDAY, 6 JAN 2025
... transaction will eventuate," the board said. Bain Capital's bid was rejected on December 18. Insignia said the offer "does not adequately represent fair value for" its shareholders. Tanarra Capital is Insignia's largest shareholder with a 12.5% ...

MetLife to acquire PineBridge Investments

ANDREW MCKEAN  |  MONDAY, 6 JAN 2025
MetLife Investment Management, the US$603 billion asset management arm of insurance giant MetLife, is set to acquire PineBridge Investments from Pacific Century Group in a deal valued up to US$1.2 billion. The deal comprises US$800 million in cash at ...

Traders left scrambling over ASX settlement outage

MATTHEW WAI  |  MONDAY, 23 DEC 2024
... manage the issue," Whiteley said. "Our analysis showed that the technical issue related to an error in a data file and we did not uncover evidence of malicious activity from an external or internal source." Further, the ASX said it implemented a plan ...

HPI rethinks Hostplus, Charter Hall takeover

KARREN VERGARA  |  MONDAY, 23 DEC 2024
... Charter Hall and Hostplus have once again extended their offer period to 31 January 2025. While HPI still believes the offer is "not compelling" and "materially undervalues" the assets and does not compensate securityholders for the value of the pub ...

Court sentences Ponzi scheme promoter

KARREN VERGARA  |  MONDAY, 23 DEC 2024
... commissions. Courtenay House promised stellar returns to investors by trading in foreign exchange and futures commodities when it was not licensed to do so. While the court found that Sipina was not aware that Courtenay House was running as a Ponzi scheme ...