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Showing 481 - 490 of 6944 results for "shares"

Morrison divestment lifts Sequoia profits

JAMIE WILLIAMSON  |  FRIDAY, 23 FEB 2024
... "was to build a sustainable group of businesses using a 'tortoise' rather than a 'hare' approach. At that time, Sequoia's shares were worth 20 cents; today it sits at 48 cents. It said it is strongly positioned to fund its next round of growth, saying ...

ANZ gets green light for Suncorp merger

CHLOE WALKER  |  TUESDAY, 20 FEB 2024
... legislative amendments by the Queensland Parliament and approval by treasurer Jim Chalmers. At the time of writing, Suncorp's shares have risen as much as 7.8% to $15.56. According to CommSec, this is its highest since August 2018. ANZ initially ...

Platforms ramp up innovation, back-end efficiencies

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
... work tracker," he said. The past 12 months saw platforms unleash a heap of enhancements. AMP's North launching fractional shares in managed accounts and CFS's Edge dividing client accounts into sub-accounts were some standouts. With respect to the latter ...

SIX launches share platform

RACHEL ALEMBAKIS  |  FRIDAY, 9 FEB 2024
... Australia." SIX notes that Australia's resolution requirements are some of the world's most stringent, requiring 5% of shares or 100 shareholders to file. At $1.54 trillion, Australia's responsible investment sector is a powerful block, but ...

GQG Partners records US$127bn FUM

ANDREW MCKEAN  |  THURSDAY, 8 FEB 2024
... period last year. GQG also saw net inflows totalling US$1.9 billion year-to-date. Following its latest ASX update, GQG shares surged 6.4% to $2.09. GQG experienced month-to-month FUM growth across all of its core equity strategies. The international ...

Online investor participation declines

ANDREW MCKEAN  |  TUESDAY, 6 FEB 2024
... decline in investor numbers. The report highlighted that 29% of reactivated online investors now include international shares in their portfolios, an increase from 25% in May 2023 and 23% in November 2022. Investment Trends head of research Irene Guiamatsia ...

Sequoia strikes deal to acquire Clique Paraplanning

ANDREW MCKEAN  |  MONDAY, 5 FEB 2024
... revenue multiple of about one. According to an ASX announcement, the deal comprised of $150,000 in cash and $60,000 in shares. The earn out and final payment, capped at $70,000, is payable in 12 months post-completion. Clique provides outsourced local ...

Super funds defend controversial weapons holdings

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... in BAE, $879,000 in Elbit Systems, $11.7 million in Honeywell, and $2.1 million in Thales via index-based international shares mandates. "The holdings in these companies are held through two externally managed index-based international shares mandates. ...

Hyperion leads as top Australian shares fund manager: Mercer

ANDREW MCKEAN  |  WEDNESDAY, 31 JAN 2024
... investment survey, Mercer identified the Hyperion Australian Growth Fund as the leading fund manager in the Australian shares category. The fund achieved a return of 25.1% return over the year ending December 2023. Following closely was the ECP Asset ...

WAM Leaders to make bid for QV Equities

CHLOE WALKER  |  WEDNESDAY, 31 JAN 2024
... off-market takeover bid for QV Equities Limited (QVL). The offer involves exchanging one share of WAM Leaders for every 1.4675 shares of QVE. Entities associated with WAM Leaders already own a 15.8% stake in QVE. "Since listing in August 2014, QVE's ...