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Showing 341 - 350 of 2058 results for "BID"

MLC launches first retail private equity fund

CHLOE WALKER  |  TUESDAY, 4 OCT 2022
In a bid to provide retail investors with concentrated exposure to global private equity investments, the asset manager has launched its first retail private equity fund, the MLC Global Private Equity Fund. Previously only available to institutional ...

Iress wins Commonwealth Super Corp mandate

CHLOE WALKER  |  THURSDAY, 29 SEP 2022
Commonwealth Superannuation Corporation (CSC) selected Iress as its new technology partner in a bid to improve member outcomes, reduce administration complexity and drive down the cost to serve through a digital-first approach. On an initial five-year ...

More consolidation is needed, says Diverger chief

CASSANDRA BALDINI  |  WEDNESDAY, 28 SEP 2022
... the advice firms are less than $1 million dollars of revenue. Scale creates the ability to invest." In June, Diverger made a bid to acquire Centrepoint Alliance, but it fell through. Regardless, Jacobsen said that mergers and acquisitions are still well ...

Super members switching options amid uncertainty

CHLOE WALKER  |  WEDNESDAY, 28 SEP 2022
... superannuation fund members has revealed that 11% have switched to a more conservative risk profile in the past six months in a bid to safeguard their retirement savings. In total, this year has seen almost 20% of super members make a change to their ...

VC sector risks running cold

CHLOE WALKER  |  FRIDAY, 23 SEP 2022
... valuations across all stages have pulled back since the markets peaked in November last year. "Later stage valuations, which were bid up most with the influx of capital from listed and crossover players, are the ones that have been hit hardest," he says. ...

ASIC issues warning over brokers' high-risk offers

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2022
... and that some are seeking to offer high-risk products or services that may be inappropriate or result in poor outcomes in a bid to broaden their revenue base as market conditions impact investor activity. This includes crypto-assets and potentially misleading ...

Perpetual to acquire Pendal

JAMIE WILLIAMSON  |  THURSDAY, 25 AUG 2022
... Pendal's board has unanimously recommended its shareholders vote in favour of the scheme in the absence of a superior bid. "Pendal's board is pleased with the improved proposal received from Perpetual, which is the result of extensive engagement ...

US inflation drops to 8.5%

CASSANDRA BALDINI  |  THURSDAY, 11 AUG 2022
US inflation has eased to 8.5% from its historic 40-year peak of 9.1%, recorded in June. The drop beat market expectations of 8.7% and comes as a welcome relief for the Biden government. The reason for the fall is a slowdown in rising energy prices. ...

Macquarie Asset Management buys Veolia waste business

CHLOE WALKER  |  TUESDAY, 9 AUG 2022
... interest, tax, depreciation and amortisation was "significantly higher than the acquisition price resulting from the takeover bid" Veolia made in May last year. Veolia chief executive Estelle Brachlianoff says she is "very satisfied" with the transaction. ...

US Senate passes $1tn Inflation Reduction Act

ANDREW MCKEAN  |  MONDAY, 8 AUG 2022
The US Senate has passed the Democrats' $1.07 trillion bill which aims to tackle inflation by lowering the deficit and everyday expenses for working families. Following the Senate Passage of the Inflation Reduction Act, President Joe Biden said: "I ...