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Showing 221 - 230 of 543 results for "IPO"

Powerwrap managing director departs

JAMIE WILLIAMSON  |  FRIDAY, 17 NOV 2017
... raise a total of $19.4 million. This is expected to support the platform throughout its next growth phase and in a potential IPO.

Fintech firm launches $7.5m IPO

ALEX BURKE  |  TUESDAY, 7 NOV 2017
... investors, we are uniquely positioned at the forefront of this second evolution with our differentiated technology portal." The IPO follows SelfWealth signing a seven-year agreement with BGL Corporate Solutions, which gives BGL Simple Fund 360 self-managed ...

NAB to simplify operations via job cuts

JAMIE WILLIAMSON  |  THURSDAY, 2 NOV 2017
... $5.28 billion for FY17. This is in comparison to last year's net loss of $1.7 billion which resulted from the demerger and IPO of CYBG (the new holding company for Clydesdale Bank) and the additional $801 million charge associated with that process. ...

Pinnacle boutique launches $250m LIC offer

ALEX BURKE  |  WEDNESDAY, 25 OCT 2017
... Speaking on the broader LIC space, Pinnacle chief financial officer and chief operating officer Alex Ihlenfeldt said the Spheria IPO represents a change in how the market will operate for future listed vehicles. He argued that over time, it was likely ...

Netwealth lodges prospectus for IPO

KARREN VERGARA  |  TUESDAY, 24 OCT 2017
... offering 71.3 million shares at $3.70 per share, expecting to raise about $264 million. Netwealth's initial public offering (IPO) comprises a retail offer consisting of broker firm, platform priority, general priority and employee offers, as well as ...

Chinese wealth firm takes stake in investment platform

ALEX BURKE  |  WEDNESDAY, 18 OCT 2017
... and this strategic alignment is a powerful step in achieving that." Wholesale Investor connects investors with private, pre-IPO and small cap listed investment opportunities.

Perpetual trustee business wins mandate

JAMIE WILLIAMSON  |  TUESDAY, 17 OCT 2017
... dominated by regulated banks, making it difficult for non-bank investors to access. There was significant interest in the IPO from retail and SMSF investors. This highlights their appetite to gain access to a listed, fixed income product, which is a ...

Magellan soars past $1.5bn for massive IPO

KARREN VERGARA  |  WEDNESDAY, 11 OCT 2017
Magellan's new listed investment trust (LIT) has raised $1.55 billion ahead of listing on the ASX next week - representing one of the largest IPOs for a listed investment vehicle. The Magellan Global Trust represents the next phase of Magellan's ongoing ...

Powerwrap names new chief executive

JAMIE WILLIAMSON  |  TUESDAY, 10 OCT 2017
... million capital raise by shareholders and other interested parties to position the business for future growth and a potential IPO.

CBA mulls CFSGAM IPO, head of wealth departs

KARREN VERGARA  |  THURSDAY, 21 SEP 2017
Commonwealth Bank announced its asset management arm, Colonial First State Global Asset Management, is undergoing a strategic review and could potentially list as a public company. CFSGAM, with $219 billion in assets under management, has "achieved ...