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Showing 391 - 400 of 2058 results for "BID"

CFS awards platform technology mandate

KARREN VERGARA  |  THURSDAY, 3 FEB 2022
Colonial First State awarded a major technology mandate in a bid to revamp its wrap platform. Specialist investment platform provider FNZ won the task of transforming FirstWrap, replacing its underlying technology as CFS attempts to cement its lead ...

Fiducian finalises People's Choice Credit Union acquisition

CHLOE WALKER  |  WEDNESDAY, 2 FEB 2022
Fiducian Financial Services (Fiducian) has today finalised the acquisition of People's Choice Credit Union's financial planning business (PCCU). Fiducian was selected by PCCU as the successful bidder in November to acquire PCCU's financial planning ...

Charter Hall, PGGM make moves on Irongate

CHLOE WALKER  |  TUESDAY, 1 FEB 2022
Irongate Group has received a $1.29 billion takeover bid from a partnership managed by Charter Hall Group, topping a rejected offer by 360 Capital. The partnership, comprising Dutch pension fund PGGM and Charter Hall, made a bid of A$1.90 per share ...

CFD trading declines: Survey

KARREN VERGARA  |  TUESDAY, 25 JAN 2022
... of the year," Investment Trends head of research Irene Guiamatsia said. ASIC made intervention orders in October 2020 in a bid to stem the amount of losses retail investors suffered from trading CFDs. Between March and April 2020 for example, participants ...

Life insurers to embrace risky assets

KARREN VERGARA  |  WEDNESDAY, 19 JAN 2022
Life insurers will take on more risks and shun safe-haven assets in a bid to bump up returns in 2022. Australian life insurers are tipped to shed their conservative nature this year amid a tough macroeconomic environment, according to bfinance. Many ...

Natixis sells Fiera Capital interest

JAMIE WILLIAMSON  |  FRIDAY, 14 JAN 2022
... attractive price, which is consistent with this vision while also supporting our objectives under our normal course issuer bid," Fiera Capital executive chair Jean-Guy Desjardins said. Global president and chief executive Jean-Philippe Lemay added that ...

WAM ups PAF takeover bid

KARREN VERGARA  |  WEDNESDAY, 12 JAN 2022
WAM Capital has upped its takeover bid for PM Capital's Asian equities strategy, which the latter flags it will accept. WAM said the $1.149 per share offer for every PM Capital Asian Opportunities Fund (PAF) share is "compelling" and represents a 3.5% ...

Advice firm targets teen financial literacy

KARREN VERGARA  |  FRIDAY, 7 JAN 2022
A financial advice firm is tackling high school graduates' poor financial literacy head on in a bid to equip them with essential wealth skills for the future. Purpose Advisory director and adviser Tristan Scifo has launched More than Before, an online ...

WAM to acquire two LICs

KARREN VERGARA  |  THURSDAY, 23 DEC 2021
WAM Capital will acquire two other listed investment companies in a bid to take its market capitalisation to $2.3 billion. Westoz Investment Company (ASX: WIC) and Ozgrowth (ASX: OZG) have entered into an agreement with WAM to merge under separate transactions. ...

Link agrees to $3bn takeover

KARREN VERGARA  |  THURSDAY, 23 DEC 2021
... Link's closing price of $4.33 on November 4, which is good enough for management to urge all shareholders to accept the bid. The $5.50 per share offer plus an interim dividend of $0.03 per share to be paid by Link and franked at 100%, values the ...