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Showing 2151 - 2160 of 8993 results for "ASX"

Swiss Re to manage Freedom remediation

KANIKA SOOD  |  TUESDAY, 30 APR 2019
... filings. Proceeds will go towards paying back creditors and regulatory obligations, with the excess going to shareholders. The ASX-listed company has a market cap of less than $5 million. Stock price started to tumble in August last year and now has ...

Boutique fund manager launches LIT

KARREN VERGARA  |  MONDAY, 29 APR 2019
... Equity Trustee acts as the responsible entity. The initial public offer opens today and Regal expects the LIT to trade on the ASX on 17 June 2019. In terms of costs, management fees sit at 1.50% per annum of the fund's NAV. A 20% performance fee ...

ASA to vote against AMP remuneration

HARRISON WORLEY  |  FRIDAY, 26 APR 2019
... among shareholders together with enduring the financial services Royal Commission and the fallout it caused AMP. However, the ASX ruled AMP did not require shareholder approval for the sale. ASA will however vote in favour of the election and appointment ...

Watermark closes chapter on global equities

KARREN VERGARA  |  WEDNESDAY, 24 APR 2019
... farewell to several directors. Watermark's Global Leaders Fund (WGF) and Market Neutral Fund (WMK) were removed from the ASX at the close of trade yesterday. The funds had about $72.8 million and $69.5 million in assets respectively. A number of ...

Compensation experts boost chief executive pay

KARREN VERGARA  |  WEDNESDAY, 24 APR 2019
New research suggests ASX-listed companies that hire compensation consultants tend to boost the pay packets of its chief executives. The academic study, which analysed the top 500 public Australian companies, found 30% used a compensation consultant ...

IFM keen on marijuana stocks

KANIKA SOOD  |  TUESDAY, 23 APR 2019
... IFM global listed equities co-head Neil Carter said. One of its picks is the Barry Lambert-backed hemp producer Ecofibre (ASX: EOL) which is currently up 70% on its ASX debut in late March. Another of IFM's cannabis investments has been even more ...

Tribeca fund cops another departure, downgraded

KANIKA SOOD  |  WEDNESDAY, 17 APR 2019
... performance has been strained (down 11.2% relative to benchmark over one year), though the strategy is still front running the S&P/ASX 200 Accumulation Index by 2.41% per annum since inception. With $978 million as at March 31, the strategy is almost ...

Aussie blockchain investor goes global

ELIZABETH MCARTHUR  |  TUESDAY, 16 APR 2019
... evolution of a distributed database. We are seeing widespread adoption from JP Morgan, Facebook, IBM, Starbucks, Fidelity, Nasdaq, ASX etc." "Global banks are either developing their own protocol/solution or are part of a larger consortium. Blockchain ...

Australia's wealth takes half trillion hit

HARRISON WORLEY  |  MONDAY, 15 APR 2019
... performance of Australian equities in the final quarter of last year had a significant impact on the result. "The slowdown in the ASX in the December quarter has had a major negative impact on household wealth, particularly on superannuation and directly ...

Freedom to divest all operations

KARREN VERGARA  |  MONDAY, 15 APR 2019
... Insurance Group will offload its administration and financial advice businesses, and eventually cease operations. Freedom told the ASX this morning that it agreed in principle to sell its policy administration business to a third party for $5 million. ...