Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 401 - 410 of 6900 results for "Shares"

Sequoia seeks Takeovers Panel intervention

KARREN VERGARA  |  FRIDAY, 17 MAY 2024
... who are working in conjunction to overturn the leadership. The cohort has a 10.65% take and acquired some 3.24 million shares from 26 February 2024 to 21 March 2024, most of which sit with Glennon Capital. The shareholders want to replace them with Sequoia ...

Crescent Capital sells down ClearView stake

ELIZA BAVIN  |  FRIDAY, 17 MAY 2024
... ClearView Wealth has alerted investors that private equity investor Crescent Capital Partners intends to sell millions of shares in the company. Crescent said it would sell in aggregate more than 73 million fully paid ordinary shares to a range of sophisticated ...

Macquarie Asset Management launches low-cost active ETFs

ANDREW MCKEAN  |  THURSDAY, 16 MAY 2024
... intelligence. The Macquarie Core Australian Equity Active ETF (ASX: MQAE) offers investors access to a portfolio of around 200 ASX shares in a single trade, with a management fee of 0.03% p.a. and a performance fee of 20% of outperformance of the benchmark. ...

Budget 2024: Change to foreign investment rules

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... CGT on Amend the point-in-time principal asset test to a 365-day testing period Require foreign residents disposing of shares and other membership interests exceeding $20 million in value to notify the ATO, prior to the transaction being executed "These ...

Australian Food Super closes failed investment option

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
Australian Food Super, previously known as the Australian Meat Industry Superannuation Trust, is closing its Shares product, which failed last year's Your Future, Your Super test. Effective May 27, Australian Food Super is terminating the Shares option ...

Federal Court rejects two CBA class actions

KARREN VERGARA  |  MONDAY, 13 MAY 2024
... this information (or a combination of it) been disclosed, it would have had a material effect on the market price of CBA shares," Justice Yates said. Overall, Justice Yates was not satisfied that if the information was disclosed "at the relevantly pleaded ...

REI Super updates Conservative option

KARREN VERGARA  |  WEDNESDAY, 8 MAY 2024
... Its asset allocation is split across mainly in international bonds hedged (28%), Australian bonds (31%), and Australian shares (8%). The new option aims for investment returns of CPI + 4.5% p.a. over rolling 10-year periods. It invests across in Australian ...

Australian Retirement Trust applies new investment exclusion

ELIZA BAVIN  |  THURSDAY, 2 MAY 2024
... Zero 2050 Roadmap, Australian Retirement Trust will add an exclusion of direct investment in Australian and International shares asset classes for companies that generate more than 10% gross revenue in the most recent year of financial reporting from ...

ART reduces admin fees for high balance accounts

ELIZA BAVIN  |  WEDNESDAY, 1 MAY 2024
... Index), will also have a more diversified investment strategy. Investment options that will close are the Super Savings Shares, Australian Shares, Emerging Markets Shares, Property and Diversified Bonds options.

Brighter Super to close socially responsible options

JAMIE WILLIAMSON  |  TUESDAY, 30 APR 2024
... two socially responsible options. The number of members in the Socially Responsible and Socially Responsible Australian Shares options has been declining and the performance of these options has not met expectations, the fund said, adding it is in members' ...