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Showing 2521 - 2530 of 8993 results for "ASX"

WAM LIC appoints director

KARREN VERGARA  |  THURSDAY, 8 MAR 2018
... after tax of $2.4 million. Chair Geoff Wilson said the investment portfolio outperformed the cash rate by 10.3% and the S&P/ASX All Ordinaries Accumulation Index by 1.9%. "Our highly active market-driven investment process saw the equity portion of the ...

L1 Capital targets $500m for long short LIC

ALEX BURKE  |  TUESDAY, 6 MAR 2018
L1 Capital has opened the initial public offering for its Long Short Fund listed investment company (ASX:LSF), seeking to raise $500 million. The LIC derives its investment strategy from the unlisted Long Short Fund, which is closed to new investors ...

Private wealth platform appoints ASX-listed corporate adviser

ALEX BURKE  |  TUESDAY, 6 MAR 2018
A blockchain-based private wealth platform that created China's first robo-advice solution appointed an ASX-listed corporate advisory firm for its initial coin offering (ICO). Bankorus, which now advises more than 200,000 high-net-worth investors representing ...

Xero appoints former Microsoft Australia chief

ALEX BURKE  |  MONDAY, 5 MAR 2018
... director after stepping down. He founded the business in 2006; it was listed on the NZX a year later and then consolidated on the ASX in November 2017. Commenting on his time spearheading the business, Drury said: "It's been a huge 11-plus years building ...

Private equity firm sells Bravura stake

ALEX BURKE  |  FRIDAY, 2 MAR 2018
... Neil Broekhuizen will, however, remain on Bravura's board as a non-executive director. In a letter to Bravura released to the ASX, Ironbridge chief operating officer Paul Evans said the Ironbridge team "[wishes] the staff, management and shareholders ...

Industry fund chases insurance giant on climate risk

JAMIE WILLIAMSON  |  FRIDAY, 2 MAR 2018
A $10 billion industry superannuation fund is working with retail shareholders of a major ASX-listed insurer to force disclosures on climate risk. Local Government Super has co-filed a shareholder resolution over QBE Insurance Group's failure to disclose ...

Advice clients demand philanthropic conversations

KARREN VERGARA  |  THURSDAY, 1 MAR 2018
... said. Sakellaris said crowd-funding is also helping meet basic individual needs such as medical care and funeral costs. The ASX-listed health, wealth and living group's profit hit $73.3 million in the six months to December; $64.8 million of which was ...

Netwealth doubles managed account FUM

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2018
... corresponding period, Netwealth's suite of managed accounts now hold $1.4 billion in funds under management. Listed on the ASX at the end of November 2017, the platform experienced a $2.7 billion increase in funds under administration for the first half. ...

Legg Mason affiliate divests tobacco, cluster bombs

ALEX BURKE  |  WEDNESDAY, 28 FEB 2018
... long-term strategic partnership with BetaShares, which will see the two launching a suite of active exchange-traded funds on the ASX. Sowerby said BetaShares was an obvious choice for collaboration, given its track record of growth, broad range of funds ...

Decimal announces key super fund contracts

DARREN SNYDER  |  TUESDAY, 27 FEB 2018
... out its Eqilize solution at an $8 billion industry fund; and signed a pilot contract with a "major diversified bank." The ASX-listed firm has signed QSuper for a further three years, extending the public offer fund's digital advice solution from 1 January ...