Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 3441 - 3450 of 11511 results for "DIV"

FSC encourages investment team diversity

ELIZA BAVIN  |  MONDAY, 12 OCT 2020
The Financial Services Council (FSC) has launched a new fund manager resource and guidance note to help improve gender balance in investment management teams. The report, called Guidance Note 38 - Diversity focuses on practical measures that workplaces ...

Aware Super moves to acquire OptiComm

ELIZABETH MCARTHUR  |  MONDAY, 12 OCT 2020
Aware Super has provided a proposal to the board of OptiComm to acquire 100% of the telecom company, which delivers fibre to the premises networks. Under Aware Super's proposal, OptiComm shareholders would receive cash proceeds of $6.50 per share (inclusive ...

Aware Super announces $1bn property project

ELIZABETH MCARTHUR  |  MONDAY, 12 OCT 2020
Aware Super has announced the acquisition of a 90% interest in a $1 billion project in New York as part of the fund's partnership with Lendlease. The property is 1 Java Street, Brooklyn and has an estimated end development value of $1 billion. The development ...

Powerwrap delists, Praemium takes over

ANNABELLE DICKSON  |  MONDAY, 12 OCT 2020
Managed accounts platform Powerwrap has de-listed from the ASX and its chief executive and board have stepped down following the acquisition by Praemium. In the next move of the off-market takeover, Praemium made payment of the 94% in acceptances on ...

Sydney boutique sharpens focus on HNWs

KANIKA SOOD  |  FRIDAY, 9 OCT 2020
A Sydney real estate fund manager has established a private wealth division, as it sees opportunities to snap up new assets for syndicates of wealthy investors. EG currently manages about $3.2 billion in property assets, for investors that are mostly ...

ClearView pushes ahead with SFT

KARREN VERGARA  |  FRIDAY, 9 OCT 2020
The ASX-listed wealth and insurance company will complete the successor fund transfer of its risk-only superannuation products to HUB24, which is scheduled to take effect on October 31. ClearView will move its clients from its LifeSolutions Super and ...

Vanguard boosts Aussie executive team

ELIZA BAVIN  |  FRIDAY, 9 OCT 2020
Vanguard announced it has bolstered its risk management with the appointment of a head of risk management in the Australian executive team. Curt Jacques will take the position following a comprehensive recruitment process and will join Vanguard as it ...

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 ...

Ausbil drops fees on global equities fund

KANIKA SOOD  |  THURSDAY, 8 OCT 2020
Ausbil Investment Management has dropped the fees on a global equities fund with a sustainability focus by about 30bps. The Candriam Sustainable Global Equity Fund went from charging 1.05% per year in management costs to about 0.75% per year, effective ...

Crypto exchange owners charged

KARREN VERGARA  |  THURSDAY, 8 OCT 2020
The founders of derivatives cryptocurrency exchange BitMEX are facing criminal charges for allegedly violating anti-money laundering laws and basic compliance procedures. The Commodity Futures Trading Commission (CFTC) has charged co-founders Arthur ...