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Showing 441 - 450 of 2015 results for "BID"

Federation AM awards mandate

ANNABELLE DICKSON  |  THURSDAY, 20 MAY 2021
... Australian regulatory requirements and closed ended structures and strategies." The mandate comes after Apex upped its takeover bid against SS&C for Mainstream. Apex made a new offer of $2.65 cash per share, upping its prior bid by 10 cents and bidding ...

Apex ups ante on Mainstream bidding war

ANNABELLE DICKSON  |  WEDNESDAY, 19 MAY 2021
Mainstream has received an updated offer from Apex Group after it terminated discussions following a superior bid from SS&C. Apex has made a new offer of $2.65 cash per share, upping its prior bid by 10 cents and bidding 9 cents more than SS&C's ...

Keep COVID-19 in perspective: Panel

ELIZABETH MCARTHUR  |  TUESDAY, 18 MAY 2021
Geopolitical tensions took centre stage at the Conference of Major Superannuation Funds, with experts urging the audience to look at COVID-19 in greater context. Founder and owner of IBISWorld and the Ruthven Institute, Phil Ruthven showed the audience ...

Plenary expands property team

ANNABELLE DICKSON  |  MONDAY, 17 MAY 2021
... years. In his new role, he will be responsible for originating infrastructure development opportunities and leading Plenary's bid teams for projects across Asia and the Middle East. Chi-Ling Looi has been promoted as a director on the board of Plenary's ...

Chief economist update: A half-glass full look at inflation

BENJAMIN ONG  |  MONDAY, 17 MAY 2021
Inflation was the "word" over the week that was. Concerns over US inflation eased somewhat at the start of last week after US Bureau of Labor Statistics (BLS) revealed disappointing labour market stats. The US economy added 266,000 jobs in April, well ...

Personal, business tax cuts revealed

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... income tax offset (LMITO) for another year and introduced a tax cut for small to medium businesses in the 2021/22 budget in a bid to create more jobs and support business investment. Low-and middle-income earners will receive an additional $7.8 billion ...

Dexus to acquire APN Property Group

KANIKA SOOD  |  TUESDAY, 11 MAY 2021
Dexus will acquire all of APN Group's stapled securities in a bid that values the latter at about $320 million. The two have entered a scheme implementation deed. Dexus will pay 91.5 cents per APN stapled security in cash. This is 50% higher than APN's ...

GQG Partners adds to team

ANNABELLE DICKSON  |  MONDAY, 10 MAY 2021
... writer from Aberdeen Standard Investments where she spent seven years as an RFP manager. Connelly spent over five years as a bid manager for Dell in the UK and is accredited by the Association of Proposal Management Professionals. "The continuing growth ...

AMP trims platform fees

KANIKA SOOD  |  THURSDAY, 6 MAY 2021
AMP Australia is reducing fees on its platforms, in a bid to attract more clients. Its flagship MyNorth wrap reduced administration fees by up to 22% effective May 1 for balances above $250,000. Administration fee caps for individuals are reducing by ...

Mainstream bidding heats up

ANNABELLE DICKSON  |  THURSDAY, 6 MAY 2021
The fund administrator has accepted a new offer from SS&C after receiving an unsolicited superior bid from another firm. Apex Group made a superior offer to SS&C's original bid of $2 per share, coming in at $2.55 per share. SS&C has exercised its matching ...