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Showing 2371 - 2380 of 8993 results for "ASX"

Former licensee chief to lead fund manager

JAMIE WILLIAMSON  |  TUESDAY, 21 AUG 2018
... management experience, having worked in senior roles across a range of successful financial services businesses, Clime said. The ASX-listed fund manager added that Bristow brings expertise in developing and implementing strategy for enhanced organisational ...

YBR rejects 'opportunistic' takeover bid

KARREN VERGARA  |  TUESDAY, 21 AUG 2018
... rejected a takeover bid claiming the offer price was too low and "opportunistic." Mercantile OFM (a wholly owned subsidiary of ASX-listed Mercantile Investment Company) yesterday submitted an off-market takeover bid to ASIC to acquire all ordinary shares ...

LIT serves up junk bonds to SMSFs

KANIKA SOOD  |  MONDAY, 20 AUG 2018
... stable and have proven businesses models." The median company that is held in GCIT's portfolio has earnings higher than the ASX 200. "It is a very well diversified portfolio," Bommi said. "In 20 years in the market, we have had [only] one default." ...

Alternative investment manager partners with VC firm

KANIKA SOOD  |  WEDNESDAY, 15 AUG 2018
An ASX-listed alternative investment manager has entered into non-binding term sheet with New York-based early stage venture capital firm Scout Ventures for a stake in a proposed US$50 million fund. Auctus Alternative Investments will acquire up to ...

AFIC appoints chair

KANIKA SOOD  |  WEDNESDAY, 15 AUG 2018
... active options market." The firm had a market capitalisation of about $730 million as of March and was first listed on the ASX in June 1995. The company has outsourced its management and operations function to the Australian Foundation investment Company ...

New fund to invest in "clean disruption" tech

KANIKA SOOD  |  TUESDAY, 14 AUG 2018
... co-founder Kent Kwan has worked at Macquarie and JP Morgan in investment banking and equity capital markets roles. He was ASX-listed Arowna International Limited's chief investment officer prior to joining Atlas. The new fund will aim for a 4.5% outperformance ...

Macquarie acquires Investa Office Fund stake

JAMIE WILLIAMSON  |  MONDAY, 13 AUG 2018
... Holdco's interest in the platform and enter into a new joint venture deed. In doing so, Macquarie acquires about 10% of the ASX-listed Investa Office Fund - which is currently the subject of an ongoing battle for control. As such, Investa Listed Funds ...

Property fund makes $143m bid to internalise management

KANIKA SOOD  |  FRIDAY, 10 AUG 2018
... responsible entity see immediate benefits to earnings and governance from the move. The Aventus Retail Property Fund fund is an ASX-listed retail landlord, currently with 98.7% occupancy rate across the portfolio. It is currently managed by the Brett ...

Perpetual wins RE mandate

KARREN VERGARA  |  THURSDAY, 9 AUG 2018
... newly-listed agricultural REIT. Perpetual's wholly-owned subsidiary is the RE of Vitalharvest Freehold Trust, which listed on the ASX on August 1, raising $185 million. Its portfolio consists of seven properties across New South Wales, Tasmania and South ...

Boutique fund manager eyes second LIC

DARREN SNYDER  |  WEDNESDAY, 8 AUG 2018
... 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 LIC, and "within an established ...