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Showing 451 - 460 of 4276 results for "Yesterday"

ASIC to review impact of ASX outage

KANIKA SOOD  |  TUESDAY, 22 DEC 2020
... lasted for one day and was followed by problems with the ASX Centre Point, a dark-pool trade matching service. ASIC yesterday evening flagged it will conduct a review in 2021 on how market participants have adapted their systems and processes in response ...

New heatmap shames trustees

KARREN VERGARA  |  FRIDAY, 18 DEC 2020
... Fund (lifecycle) APRA deputy chair Helen Rowell told the Association of Superannuation Funds of Australia (ASFA) event yesterday that some trustees are attempting to "game" the system, scalding some for their "laziness" in submitting data. Underperforming ...

Cashwerkz appoints chair for Fund Income

KANIKA SOOD  |  THURSDAY, 17 DEC 2020
... allocation. Cashwerkz said the $300 million in assets was an "exceptional outcome" especially given the go-live date of just yesterday. "I am thrilled with the progress of Fortlake Asset Management to date. Christian's extensive experience positions ...

Kiwi firm rejects AustralianSuper takeover bid

KARREN VERGARA  |  WEDNESDAY, 9 DEC 2020
... owns and operates 22 hydro power stations. The price was subsequently increased to NZ$5.79 per share on November 27. Yesterday, the super fund revised it to NZ$7.43 per share, factoring in a 28.1% premium on IFT's closing share price on December ...

Link takeover heats up

KARREN VERGARA  |  TUESDAY, 8 DEC 2020
... "virtual dataroom", and question-and-answer sessions with the executive team underscored by a confidentiality agreement. Yesterday, Link said it will consider SS&C's proposal and obtain advice from its financial and legal advisers. "Shareholders ...

IOOF abandons AET sale

KANIKA SOOD  |  FRIDAY, 4 DEC 2020
IOOF yesterday said it won't be pursuing an offer to buy its retail trustee Australian Executor Trustee business. On August 31, IOOF said it had received an expression of interest for AET. "IOOF has considered the expression of interest and confirms ...

Chief economist update: It's looking up for the land down under

BENJAMIN ONG  |  WEDNESDAY, 25 NOV 2020
It keeps getting better and better for Australia. Only yesterday, I penned about things bright and beautiful developing in Australia - its success over containing the second wave and the consequent relaxation of restrictions and re-opening of state ...

ASX runs into trouble again

KANIKA SOOD  |  WEDNESDAY, 18 NOV 2020
After Monday's outage, the ASX was in trouble again yesterday as its Centre Point matching system closed off participants from using Chi-X bids and offers. The Centre Point is an anonymous matching system that matches buyers and sellers at the mid-point ...

Ironbark to wind up emerging markets fund

KANIKA SOOD  |  FRIDAY, 13 NOV 2020
... Markets Small Cap Index (in AUD) net of fees on rolling five-year basis. Ironbark, which acts as the responsible entity, yesterday informed investors it would wind up the fund. US-based Copper Rock Capital Partners was appointed the manager to the fund ...

Evans Dixon thwarts Tony Pitt...for now

KANIKA SOOD  |  THURSDAY, 12 NOV 2020
At Evans Dixon's annual general meeting yesterday, shareholders delivered a first strike against the remuneration report but were happy to pass the options and rights plan to the dismay of 360 Capital. 360 Capital's October 27 offer to acquire ...