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Showing 241 - 250 of 1381 results for "franc"

Vatican shakes up financial management

ELIZABETH MCARTHUR  |  MONDAY, 16 NOV 2020
By orders of the Pope, the Vatican has a new financial manager. Pope Francis declared that the administrative management of the Vatican's funds should be transferred from the Secretariat of State to the Administration of the Patrimony of the Apostolic ...

Fiducian looks to gain from change

ELIZA BAVIN  |  THURSDAY, 12 NOV 2020
The ASX-listed financial advice group has said it expects ongoing change in the industry to enhance its opportunities to acquire new businesses, as it considers a pipeline of growth prospects. In an update to the ASX, Fiducian said a number of established ...

Ares bids for AMP

ELIZA BAVIN  |  FRIDAY, 30 OCT 2020
AMP has confirmed Ares Management has made an offer to takeover 100% of AMP shares. AMP announced to the ASX that it has received an indicative, non-binding, conditional proposal from US-based Ares Management. The offer is to acquire 100% of the shares ...

First strike at Pengana LIC

KANIKA SOOD  |  THURSDAY, 29 OCT 2020
Pengana International Equities (PIA) faced a first strike against its remuneration report, as about 49.9% of votes went against it. Unitholders of the LIC had two resolutions before them at the October 28 Annual General Meeting: THE reelection of David ...

Chief economist update: Europe, we have a problem

BENJAMIN ONG  |  THURSDAY, 29 OCT 2020
Just as Victorian Premier Dan Andrews toasted each and every Victorian with caramel-iced doughnuts and a top-shelf bottle of Starward whiskey to celebrate the end of Melbourne's lockdown, European governments -- one after the other -- have been ...

Bumpy quarter for AMP

KARREN VERGARA  |  THURSDAY, 22 OCT 2020
AMP has reported a tough September quarter that saw several clients exit, leaving many business units with lower cash flows. The latest quarterly update shows subsidiary AMP Capital lost $1.1 billion as a result of client redemptions and "run-off of ...

Australia among strongest on governance

ELIZABETH MCARTHUR  |  TUESDAY, 20 OCT 2020
New research from the Calvert Institute has identified the countries with the strongest and weakest corporate governance practices, with Australia among the top of the pack. Calvert examined 10 governance factors, including accounting risks and shareholder ...

Chief economist update: COVID-19 returns to Europe with a vengeance

BENJAMIN ONG  |  MONDAY, 19 OCT 2020
It won't be long now till we again hear "balcony concertos" - the ones started in Italy back in March this year (and gone viral on cyberspace) when the government imposed a hard lockdown to contain the coronavirus pandemic - for infections in Europe ...

NZ firm hires 10 analysts in Australian expansion

ELIZABETH MCARTHUR  |  MONDAY, 12 OCT 2020
A New Zealand investment bank with expansion plans in Australia has revealed a "heavyweight" line-up of investment professionals joining its equities research team. Jarden announced it would be expanding into the Australian market in May of this year ...

Morgan Stanley to acquire Eaton Vance

JAMIE WILLIAMSON  |  FRIDAY, 9 OCT 2020
Morgan Stanley has entered an agreement to acquire Eaton Vance for close to $10 billion. The two parties have entered a definitive agreement which will see Morgan Stanley advance its plans to have three world-class business units in institutional securities ...