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Showing 411 - 420 of 1050 results for "A Share"

Industry fund contract under works at Link

KANIKA SOOD  |  FRIDAY, 17 AUG 2018
Link is in advanced stages of negotiating a contract with an industry fund, the administrator said in its FY18 earnings report. It remains in advanced stages of negotiating a long-term contract with Rest, the company said. The Rest contract has been ...

Pengana LIC profitable again

KANIKA SOOD  |  WEDNESDAY, 15 AUG 2018
Pengana's listed investment company posted solid profits for the financial year, springing back from last year's losses of $23 million. Pengana International Equities (PIA) raked in a total investment income of $40 million, up 260% over the ...

Macquarie acquires Investa Office Fund stake

JAMIE WILLIAMSON  |  MONDAY, 13 AUG 2018
Macquarie has secured a share in the Investa management platform by way of a new joint venture. Macquarie Real Estate Investment Holding, a wholly-owned subsidiary of Macquarie Group, reached an agreement with ICPF Holdco to purchase 50% of ICPF Holdco's ...

MLC MySuper investment budget was tight-fisted: Royal Commission

KANIKA SOOD  |  WEDNESDAY, 8 AUG 2018
NULIS Nominees resisted increasing its spend on investment management, despite opinions from its super fund portfolio manager and asset consultant that its current investment fee budget wasn't adequate to boost the performance of its lagging MLC ...

Pinnacle splashes $50m on acquisitions

KANIKA SOOD  |  TUESDAY, 24 JUL 2018
... are acting as joint lead managers and bookrunners while Ord Minnett is acting as a co-lead manager. PNI is also running a share purchase plan that will allow investors to top up their holdings by a maximum of $15,000 to raise a maximum of $10 million. ...

Infrastructure manager turns up the heat

HARRISON WORLEY  |  MONDAY, 9 JUL 2018
A $4.7 billion global infrastructure manager, and an investment consultant to several superannuation funds, has purchased a stake in a Norwegian heating network. Whitehelm Capital acquired a 49% stake in Kvitebjorn Varme AS, the owner and operator of ...

Victorian super funds discuss merger plans

JAMIE WILLIAMSON  |  FRIDAY, 6 JUL 2018
Two Victorian industry superannuation funds are in talks to merge, highlighting the benefits of scale to about 120,000 members. Prime Super and Combined Super have signed a memorandum of understanding, announcing the two funds are in advanced merger ...

AZ NGA merges embattled advice firm

JAMIE WILLIAMSON  |  TUESDAY, 26 JUN 2018
... roles, as well as continuity for clients," the spokesperson said. AZ NGA acquired Henderson Maxwell in December 2017 in a share swap agreement, with 49% of the firm's equity exchanged for AZ NGA shares and 51% paid to Henderson Maxwell's founders ...

CBA to demerge CFS, mulls further CommInsure sell-off

JAMIE WILLIAMSON  |  MONDAY, 25 JUN 2018
Commonwealth Bank is demerging its wealth management business and undertaking a strategic review of its general insurance arm. Standing as a separately listed wealth management business, CFS Group will comprise Colonial First State, Colonial First State ...

Budget big picture: Surplus on radar

ALEX DUNNIN  |  TUESDAY, 8 MAY 2018
... period compared to receipts that are projected to grow faster. Receipts growing faster than outlays enables expenditure as a share of GDP to reduce from 25.1% this year to 24.7% in 2021-22, albeit next year's ratio is projected to temporarily increase ...