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Showing 391 - 400 of 1050 results for "A Share"

IOOF, ANZ deal not in best interests of members: Morningstar

JAMIE WILLIAMSON  |  WEDNESDAY, 16 JAN 2019
... acquisition of the P&I business." Morningstar has maintained its fair value estimate for IOOF which currently sits at $5 a share. Prior to the regulatory action taken by APRA, the estimate was $9.30 per share. Going forward, Morningstar expects IOOF ...

IOOF appoints acting chief executive, chair

JAMIE WILLIAMSON  |  MONDAY, 10 DEC 2018
... structures, governance and conflict management processes. Following the news, IOOF's share price has now tumbled to $4.30 a share as at 1pm - down $2.87 from its Friday opening.

AMP replaces Regan

JAMIE WILLIAMSON  |  WEDNESDAY, 5 DEC 2018
... Catherine Brenner both resigning. AMP's stock price has almost halved since April and is currently priced at $2.40 a share; it was $4.76 at the time of Regan's appearance.

Wealth an unnecessary failure: Thorburn

HARRISON WORLEY  |  MONDAY, 26 NOV 2018
... part of the bank platform so when you went on internet banking you would see your superannuation balances, and if you had a share portfolio. But that didn't happen," he said. In the witness box Thorburn lamented that MLC ended up as a separate business ...

Blue Sky names new chair

JAMIE WILLIAMSON  |  TUESDAY, 20 NOV 2018
The former chief executive of Hastings Funds Management was named the new chair of Blue Sky Alternative Investments at an AGM that also saw the announcement of a new stakeholder in the business to accelerate its rebuild. Andrew Day will succeed John ...

Merger to create $885m LIC

KARREN VERGARA  |  WEDNESDAY, 14 NOV 2018
Two listed investment companies will merge to create an $885 million single entity. WAM Leaders (WLE) is set to acquire 100% of Century Australia Investments (CYA), a LIC that primarily invests in the S&P/ASX 300 and has $97 million is assets. CYA aims ...

ASX dismisses concern over AMP sale

HARRISON WORLEY  |  MONDAY, 12 NOV 2018
Following shareholder concern, the ASX has determined AMP does not require shareholder approval to move forward with the planned $3.3 billion sale of its wealth protection businesses. On Friday the exchange confirmed AMP was not required to seek shareholder ...

Link, CBA ink $1.6bn PEXA deal

JAMIE WILLIAMSON  |  TUESDAY, 6 NOV 2018
A consortium comprising Link Group and Australia's biggest bank will acquire Property Exchange Australia (PEXA) for $1.6 billion. Last month Link Group, Commonwealth Bank of Australia and Morgan Stanley Infrastructure Partners made an offer to acquire ...

Industry fund chief exits

KARREN VERGARA  |  MONDAY, 5 NOV 2018
The long-running chief executive of a $9.4 billion industry superannuation fund is stepping down. Frank Pegan is exiting his role as chief executive at Catholic Super after 17 years at the helm. Chief risk officer David O'Sullivan acts as chief ...

CBA sells CFSGAM, new wealth business chief executive appointed

KANIKA SOOD  |  WEDNESDAY, 31 OCT 2018
Commonwealth Bank is selling Colonial First State Global Asset Management (CFSGAM) to a Japanese buyer. The bank has entered into an agreement with Mitsubishi UFJ Trust and Banking Corporation (MUTB) to sell the business for $4.13 billion for a total ...