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Showing 361 - 370 of 2369 results for "Majority"

Mirvac to become trustee of AWOF

ANDREW MCKEAN  |  TUESDAY, 19 JUL 2022
... Capital and Dexus putting forward a combined proposal to retain management of AMP's Capital Wholesale Fund, a requisite majority of the investors approved a resolution to replace the current trustee with Mirvac. AMP said its "compelling proposal" to ...

JANA wins Spirit Super mandate

CHLOE WALKER  |  MONDAY, 18 JUL 2022
... made some exciting acquisitions in its unlisted portfolio, including Parliament Square in Hobart and, prospectively, a majority share in the Port of Geelong," Lamborn said. "These assets hold strong underpinnings which will play a key role in the communities ...

Super funds are ready for RIC: Data

CASSANDRA BALDINI  |  TUESDAY, 28 JUN 2022
... funds believe they are well-prepared to meet their RIC obligations," it stated. "However, while senior executives in the majority of super funds believe they have a well-articulated strategy to comply with the RIC, product managers and those responsible ...

ASIC helps issuers avoid greenwashing

CASSANDRA BALDINI  |  TUESDAY, 14 JUN 2022
... said: "Greenwashing poses a real threat to the future of sustainable finance. Our 2021 research shows that while the majority (89%) of the Australian investment market claims to be responsible, it is just 40% of managers that are engaged in leading practice ...

BGH raises Virtus offer

ANDREW MCKEAN  |  TUESDAY, 14 JUN 2022
... price has been accelerated by up to six business days, so accepting shareholders will be paid sooner," BGH said. BGH's majority voting power in Virtus now stands at over 84% and the company intends to delist Virtus from the ASX once its voting power ...

Blackstone one step closer on Crown deal

ANDREW MCKEAN  |  FRIDAY, 10 JUN 2022
... given the regulatory green light has accelerated the manager's proposed acquisition of Crown; a move that an overwhelming majority of Crown shareholders voted in favour of at a May 2022 meeting. Having attained regulatory approval in both NSW and Victoria ...

IFM Investors becomes majority shareholder in Atlas Arteria

CHLOE WALKER  |  THURSDAY, 9 JUN 2022
IFM Investors has taken 15% interest in the toll road operator. The acquisition, made via the Global Infrastructure Fund (IFM GIF) is comprised of a relevant interest and economic interest. The fund has said it regularly invests in companies that align ...

No more changes to risk commissions: ClearView

JAMIE WILLIAMSON  |  TUESDAY, 7 JUN 2022
... is appropriate. Further, 70% of advisers don't plan to change the way they charge for life insurance advice; the vast majority (58%) charge upfront commissions, 26% a combination of fees and commissions and 10% charge level commissions. The survey also ...

Reserve Bank tipped to hike rates again

ANDREW MCKEAN  |  MONDAY, 6 JUN 2022
Economists have had their say about tomorrow's Reserve Bank of Australia (RBA) decision, the vast majority anticipate the central bank to jack up cash rates. A Finder survey has said that 86% of its expert panelists believe the cash rate will change ...

Cbus takes 10% stake in major wind project

CHLOE WALKER  |  THURSDAY, 2 JUN 2022
... Infrastructure Partners. The industry fund acquired the stake in Star of the South, Australia's largest offshore wind project majority owned by CIP via its flagship fund, CI IV. This is Cbus' first direct investment in offshore wind in Australia. Star ...