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Showing 181 - 190 of 543 results for "IPO"

LIT serves up junk bonds to SMSFs

KANIKA SOOD  |  MONDAY, 20 AUG 2018
... distribution of 5.25% per annum, paid monthly. The manager said the offer has surpassed its minimum raise of $150 million. The IPO, which opens today, will run until September 7. Junk bonds and SMSFs: an unlikely match? As rates have come down globally ...

Former Magellan executive appointed to Contango board

KANIKA SOOD  |  FRIDAY, 17 AUG 2018
Contango Asset Management has snapped up a former Magellan C-suite executive as an independent director. Nerida Campbell is joining Contango Asset Management's board as an independent non-executive director. She held key executive roles at the Hamish ...

Boutique fund manager eyes second LIC

DARREN SNYDER  |  WEDNESDAY, 8 AUG 2018
... to raise upwards of $300 million for the new venture. Cadence Capital confirmed it will launch an initial public offering (IPO) for the Cadence Opportunities Fund (ASX:CDO) in the coming months. It plans to trade more actively than the firm's first self-titled ...

Financial services executives in the money

JAMIE WILLIAMSON  |  FRIDAY, 13 JUL 2018
Following a highly successful IPO and 41% increase in funds under administration, the last 12 months has seen Netwealth's Michael and Matt Heine named among Australia's richest executives. Netwealth joint managing directors Michael and Matt Heine have ...

Former Magellan research head joins boutique

KANIKA SOOD  |  FRIDAY, 29 JUN 2018
... Magellan, Thomas was an equities analyst at BT Securities and Deutsche Bank. Her departure followed the news that the Magellan IPO in October 2017 for a new listed investment trust raised $1.55 billion - representing one of the largest offerings for ...

Prominent executive links with VFMC board

HARRISON WORLEY  |  FRIDAY, 29 JUN 2018
... of Prospa in April alongside fellow industry leader Gail Pemberton, prior to the start-up's recent postponement of its IPO. The appointments of Trafford-Walker and Pemberton at Prospa were augmented by Greg Ruddock's elevation to the chairmanship. ...

ASIC bans former adviser on IPO conduct

KANIKA SOOD  |  WEDNESDAY, 27 JUN 2018
ASIC has banned a former Victorian financial adviser who deliberately used false information while applying for shares in at least three IPOs that listed between 2015 and 2017. Mark Damion Kawecki has been banned from providing financial services for ...

Aussie IPO launches at decade high

KANIKA SOOD  |  FRIDAY, 15 JUN 2018
Australian IPO launches hit a 10-year high in the first half of this year, yet the capital they raised is significantly lower than four years ago, according to Baker McKenzie. The law firm looked at IPO activity by Aussie issuers in both domestic and ...

Prospa postpones IPO after consultation with Macquarie, UBS

HARRISON WORLEY  |  FRIDAY, 8 JUN 2018
Prospa has postponed its initial public offering on the ASX after consultation with joint IPO lead managers UBS and Macquarie. Initially pausing just prior to its listing, the small business lender has confirmed the further postponement of its IPO. ...

CYBG revises Virgin Money offer

KARREN VERGARA  |  TUESDAY, 5 JUN 2018
... proceeds of the sale will be distributed to shareholders. The remaining 25% will be sold to institutional investors via an IPO. NAB flagged in late April it expects CYBG will increase its provisions for legacy payment protection insurance costs by £350 ...