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Showing 231 - 240 of 3288 results for "Above"

Regal sets eyes on Platinum takeover

ELIZA BAVIN  |  TUESDAY, 17 SEP 2024
... from cash reserves before the deal's completion," Ler said. "This brings the total value to $1.14 per Platinum share, above our $1.00 standalone fair value estimate for the company. "At this stage, we maintain our fair value estimate with this indicative ...

WAM tells investors it 'got the call wrong'

ELIZA BAVIN  |  TUESDAY, 17 SEP 2024
... one wrong, but the journey isn't quite over." WAM took the stake in Star around June last year when the share price was above $1 per share. The share price as of writing is $0.45 per share. Despite the poor performance, WAM Leaders will stick to its ...

CFS reviews Ironbark mandate

KARREN VERGARA  |  TUESDAY, 3 SEP 2024
... Concentrated Global Share Fund and Robeco to oversee the Core Global Share Fund. Meanwhile, CFS said: "The CFS issued funds named above are distinctly separate from the Ironbark Funds and CFS will consider decisions about the future management of its ...

Platinum outflows drag performance

KARREN VERGARA  |  FRIDAY, 30 AUG 2024
... respectively. The fund manager did not earn performance fees during the period. Most strategies delivered absolute returns above 5% but still lagged broader market returns. The best performer was Platinum International Technology Fund, returning 26% ...

Generation Development Group profit jumps

ANDREW MCKEAN  |  THURSDAY, 29 AUG 2024
... continue as we capitalise on the legislative tailwinds from the proposed double tax rate on earnings of superannuation balances above $3 million and redesigned Stage 3 tax cut changes," the company said. "We'll continue to innovate our investment ...

APRA reorganises as it sets sights on superannuation

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
The Australian Prudential Regulation Authority (APRA) has published its latest corporate plan as well as some changes to its internal structure. The corporate plan outlines how the regulator will maintain the "strength and stability of Australia's banks ...

Short-termism damaging Australian economy: CEDA

ELIZA BAVIN  |  TUESDAY, 27 AUG 2024
... neighbours position us well given ongoing rapid growth in the Asia Pacific region," Wilson said. "We are well-placed to punch above our weight in the clean energy transition, but the potential benefits will require significant cooperation to be realised." ...

Fed's Powell says 'time has come' to cut rates

ELIZA BAVIN  |  MONDAY, 26 AUG 2024
... "Our interpretation is that, if the August jobs report (to be released on September 6) shows a rise in monthly job gains to above 150k and the unemployment rate retreats slightly from 4.3%, the Fed will only cut rates by 25bps. On the other hand, if ...

Former BBY employee sentenced for 'dishonest conduct'

MATTHEW WAI  |  WEDNESDAY, 21 AUG 2024
... the Saxo Buffer account and Futures client segregated account, respectively, to fund a payment owed by the company. The above transfers were in breach of BBY's obligation to hold that client money on trust. The sum was not repaid to the relevant client ...

Hostplus adds investment options, makes fee changes

ELIZA BAVIN  |  FRIDAY, 16 AUG 2024
... new options are Indexed Growth, Indexed Conservative Balanced and Indexed Capital Stable. Indexed Growth will target 2.5% above CPI on average over 20 years, while Indexed Conservative Balanced targets CPI plus 2% over 20 years. Indexed Capital Stable ...