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Showing 2281 - 2290 of 4839 results for "EAC"

No such thing as a must own company: Analyst

DARREN SNYDER  |  FRIDAY, 17 MAR 2017
An analyst and portfolio manager of the Pan-Tribal Global Equity Fund believes there is no such thing as a 'must own' company. Sharing the view at a recent Pan-Tribal lunch for advisers, Danton Goei of Davis Advisors said investors can get caught up ...

ASIC spots forex breaches at ANZ and Westpac

ALEX BURKE  |  WEDNESDAY, 15 MAR 2017
ASIC has accepted enforceable undertakings from Westpac and ANZ following an investigation into the banks' wholesale foreign exchange businesses. The regulator found that between 2008 and 2013, Westpac and ANZ's systems and controls failed to address ...

Peter Hall hands over remaining Hunter Hall shares

ALEX BURKE  |  WEDNESDAY, 15 MAR 2017
Washington H. Soul Pattinson now has a 44.2% stake in Hunter Hall shares after Peter Hall sold his interest and accepted the former's takeover offer. WHSP has now revised its cash offer to $2.60 per share. Hunter Hall's independent directors have recommended ...

Suncorp inches closer to NZ insurer takeover

ALEX BURKE  |  WEDNESDAY, 15 MAR 2017
Suncorp increased its stake in a leading New Zealand insurer to 19.9% following a takeover bid in February. Suncorp's bid for Tower Insurance occurred shortly after the latter entered into a scheme implementation agreement with Fairfax Financial Holdings. ...

Instreet launches VC fund

KARREN VERGARA  |  TUESDAY, 14 MAR 2017
The Instreet Start-Up Fund invests in companies operating in niche markets and provides investors early stage innovation companies (ESIC) tax incentives. It will select five to 10 startups that have the potential to produce high revenue growth, invest ...

Wages and super should be aligned: Cbus

EMMA RAPAPORT  |  TUESDAY, 14 MAR 2017
Cbus is calling on the Federal Government to align the payment of workers' superannuation with the payment of wages. The industry super fund claims the quarterly payment cycle for the superannuation guarantee creates a significant risk of non-compliance ...

UniSuper redefines comfortable retirement

EMMA RAPAPORT  |  TUESDAY, 14 MAR 2017
UniSuper is advocating for the redefinition of 'comfortable retirement' saying that the current one-size-fits-all approach is not the most effective way to achieve optimal retirement outcomes. The industry fund, while remaining supportive of the plan ...

MW Lomax grows geographic footprint

JAMIE WILLIAMSON  |  TUESDAY, 14 MAR 2017
MW Lomax and its international partner Focus acquired a Brisbane-based advisory firm. MW Lomax, which currently has offices in Sydney and Melbourne, has created "a financial services powerhouse" along Australia's east coast with the acquisition of Westwood ...

Prospectus lodged for ethically screened LIC

EMMA RAPAPORT  |  MONDAY, 13 MAR 2017
Morphic Ethical Equities Fund Limited, the first ethically screened global equity listed investment company in over a decade, is undertaking an initial public offering of ordinary shares after lodging its prospectus with ASIC. The company, which provides ...

Insto trading volumes surge

KARREN VERGARA  |  MONDAY, 13 MAR 2017
Institutional trading volumes inside Liquidnet's global network jumped 44% in the three months to December 2016, outpacing the Australian public markets. Liquidnet's latest figures also show about $2.7 billion of principal was traded, driven by growing ...