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

Search Results

Showing 451 - 460 of 2015 results for "BID"

Chief economist update: Not yet time to make a change

BENJAMIN ONG  |  FRIDAY, 30 APR 2021
"It's not time to make a change Just relax, take it easy..." - Cat Stevens This is the US Federal Reserve's message to the markets at the conclusion of its April FOMC meeting in its efforts to calm concerns over rising inflation expectations ...

AMP Capital fails to stop fund merger

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 APR 2021
AMP Capital has failed in its bid to stop a merger between the Dexus Wholesale Property Fund and the AMP Capital Diversified Property Fund. Unitholders in both funds voted in favour of the merger. The AMP Capital Diversified Property Fund (ADPF) has ...

Standard Life Aberdeen rebrands to Abrdn

KARREN VERGARA  |  TUESDAY, 27 APR 2021
Standard Life Aberdeen is changing its name to Abrdn in a bid to revamp the company with a modern edge. Standard Life Aberdeen plc will become Abrdn plc, the firm announced overnight. Abrdn, which is still pronounced "Aberdeen", reflects a modern brand ...

Mainstream posts record quarter

KANIKA SOOD  |  MONDAY, 26 APR 2021
... registry (transfer agency), middle office and custody." On April 26, Mainstream's board recommended SS&C $286 million acquisition bid for the company. SS&C's proposal is to acquire 100% of Mainstream at $2 per share, valuing the company at $285.7 million. ...

Chief economist: Of capital gains taxes, COVID-19 and climate change

BENJAMIN ONG  |  FRIDAY, 23 APR 2021
It's bad news day on Wall Street overnight with all four its benchmark equity market indices flashing red. The S&P 500, the DJIA and the Nasdaq dropped by 0.9% each, while the Russell 2000 had a smaller decline of 0.3%. The financial literati were ...

Centuria acquires stake in Bass Capital

KANIKA SOOD  |  THURSDAY, 22 APR 2021
... and Goh said in a joint statement. Centuria has about $10.5 billion in asserts under management. On April 19, it entered a bid implementation deed with PrimeWest Group (ASX: PWG) to acquire PWG in an off-market takeover.

Chief economist update: The pause that refreshes

BENJAMIN ONG  |  WEDNESDAY, 21 APR 2021
The music has stopped, should we cease dancing? Two consecutive days of losses on Wall Street is a very long time in financial markets so much so that "pundits struggle to explain stocks stumble", according to the Australian Financial Review (AFR). ...

Nuveen APAC lead exits

KARREN VERGARA  |  MONDAY, 19 APR 2021
Global fund manager Nuveen Real Estate has shuffled its local executive lineup, which includes bidding farewell to its division head for Australia. After one year of heading the Australia and Asia Pacific real estate business, managing director Nick ...

Centuria to merge with Primewest

ANNABELLE DICKSON  |  MONDAY, 19 APR 2021
Centuria Capital Group has entered a bid implementation deed to merge with Primewest, creating one of the largest real estate managers on the ASX with $15.5 billion in assets. Under the deal, Primewest shareholders will receive $1.51 per security made ...

Fidelity Investments to hire 1000 advisers

KARREN VERGARA  |  TUESDAY, 13 APR 2021
Fidelity Investments is in the process of hiring about 1000 licensed financial planners in the US in a bid to meet the skyrocketing demand for advice. The firm is expanding to over 20 locations across the US, including Seattle, Los Angeles, San Diego ...