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Showing 371 - 380 of 6897 results for "Shares"

Sequoia professional services lead exits, restructures business

KARREN VERGARA  |  THURSDAY, 4 JUL 2024
... services in December 2017. Jones, together with his father Anthony "Tony" Jones and their companies, owned large amounts of shares in Sequoia and have recently attempted to gain control of it. Shareholders at the extraordinary general meeting (EGM) in ...

TelstraSuper produces 9.6% MySuper return

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
... of TelstraSuper's Lifecycle MySuper arrangement which provides members with a higher exposure to growth assets, such as shares and property, for much of their working life, and then is designed to progressively reduce risk from age 50 onwards," he explained. ...

Rest's MySuper option returns 8.67% in FY24

ANDREW MCKEAN  |  WEDNESDAY, 3 JUL 2024
... pension members, the default balanced investment option returned 7.56%. The standout, however, was Rest's low-cost overseas shares - indexed option, which returned 18.07%. That option has around 10,000 members invested in it. Rest chief investment officer ...

Panel declares 'unacceptable circumstances' for Sequoia

KARREN VERGARA  |  TUESDAY, 2 JUL 2024
... leadership and control of Sequoia, the panel said the actions by the shareholders that acquired substantial amounts of shares that increased their voting power in a short space of time led to circumstances that "were unacceptable because (among other ...

AustralianSuper unleashes raft of investment and fee changes

ELIZA BAVIN  |  TUESDAY, 2 JUL 2024
... property. In addition, it changed its exposure to other asset classes. As a result, it increased exposure to Australian shares, international shares, private equity, infrastructure, and fixed interest. It also reduced its exposure to credit and cash ...

ETF price war heats up

ANDREW MCKEAN  |  FRIDAY, 28 JUN 2024
... was due to fee reductions on three products, representing 33% of its AUM. The largest of these, the Vanguard Australian Shares Index ETF, had its fee reduced from 0.1% to 0.07% p.a. BlackRock had the largest percentage and absolute fee reduction, with ...

Australian wealth rises to $16.2tn

ELIZA BAVIN  |  THURSDAY, 27 JUN 2024
... was driven by strong investment performance in both domestic and overseas markets. Households' direct ownership of shares and other equity contributed an additional 0.4 percentage points to the quarterly growth in household wealth. Capspace managing ...

Qualitas secures additional $300m mandate

ELIZA BAVIN  |  THURSDAY, 27 JUN 2024
... Schwartz said. In August 2022, Qualitas granted options to ADIA under which it may acquire up to 32.66 million new ordinary shares in Qualitas, representing up to 9.86% of issues equity on a fully diluted basis, if ADIA committed incremental investment ...

Most traded US stocks revealed

ELIZA BAVIN  |  FRIDAY, 21 JUN 2024
... had a major role in driving returns in the tech sector and lifting the market to an all-time high. In fact, six mega-tech shares accounted for more than 75% of the S&P 500's gain last month. By the end of the month, the Dow Jones had gained 2.3% ...

Global X cuts management fees

ELIZA BAVIN  |  THURSDAY, 20 JUN 2024
Global X ETFs will reduce the annual management fees for its Global X 21Shares Bitcoin ETF (Cboe: EBTC) and Global X 21Shares Ethereum ETF (Cboe: EETH), effective July 1. Both Australian-listed cryptocurrency products will see a reduction from 1.25% ...