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Showing 441 - 450 of 2058 results for "BID"

Buy-sell spreads higher for active and diversified ETFs: Rainmaker

KANIKA SOOD  |  MONDAY, 30 AUG 2021
... the mid-price of $100, the buy price may be $100.02 while on selling, the investor may only get $99.98. This would imply a bid-ask or buy-sell spread of 4bps. A tight buy-sell spread is good for the investors as they get to keep more of their investment ...

Mainstream revenue up 18%

KANIKA SOOD  |  FRIDAY, 27 AUG 2021
... of arrangements with Vistra, SS&C and finally Apex Fund Holdings which emerged as the winner of the acquisition. The Apex bid has the board's support but is yet to be put to shareholder vote. Mainstream paid a $1.7 million break fee to Vistra, and will ...

APRA expands life insurance data reporting

KARREN VERGARA  |  THURSDAY, 19 AUG 2021
... reports. The prudential regulator said it will release more of the life insurance and general insurance data it collects in a bid to promote greater transparency and efficiency, support competition, and facilitate innovative uses of the data. APRA's ...

360 Capital winds up listed equities business

KANIKA SOOD  |  THURSDAY, 19 AUG 2021
... co-founder Alan Dixon's departure. Eventually, it built a 20.22% shareholding in the company but had to drop the takeover bid in April. It has since offloaded its EP1 stake, which it says, netted a profit of $9.1 million or an IRR of 54%.

Active Super awards back-office mandate

KARREN VERGARA  |  TUESDAY, 17 AUG 2021
Active Super has awarded a back-office mandate to Investment Control Systems (ICS) in a bid to increase efficiencies. ICS will help Active Super manage and automate several functions such as exposure reporting, cash forecasting, rebalancing, performance ...

Sydney Airport rejects AustralianSuper takeover

ELIZABETH MCARTHUR  |  MONDAY, 16 AUG 2021
Sydney Airport has again rejected a takeover bid, with AustralianSuper now joining the consortium attempting to buy the airport. Sydney Airport today announced to the ASX that it has received a revised and non-binding proposal and concluded that it ...

New equality push in investments

ELIZABETH MCARTHUR  |  FRIDAY, 13 AUG 2021
... a new push for gender equality in investment management. The FSC launched the Women in Investment Management Charter, in a bid to improve female representation in the funds management industry. "The FSC surveyed our domestic and global fund manager members ...

La Trobe unveils two income products

KARREN VERGARA  |  WEDNESDAY, 11 AUG 2021
La Trobe Financial Group has launched two products in a bid to combat the low interest rate environment. The first product, the 6 Month Notice Account, with a variable rate of 2.50% p.a. calculated monthly allows investors to access their funds with ...

EQT ups bid for Iress

ANNABELLE DICKSON  |  WEDNESDAY, 11 AUG 2021
EQT Fund Management increased its takeover bid for Iress and made allowances for an interim dividend for shareholders. EQT upped its bid from $15.75 per Iress share to $15.91 plus a dividend of 16 cents per share. In its two previous bids, EQT did not ...

Abrdn acquires robo-adviser

ANNABELLE DICKSON  |  WEDNESDAY, 11 AUG 2021
... vision and use its reach to deliver the proposition to customers." In April, Standard Life Aberdeen changed its name Abrdn in a bid to revamp the company with a modern edge.