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Showing 31 - 40 of 138 results for "NTA"

Ex-Synchron boss appointed head of Libertas

CASSANDRA BALDINI  |  WEDNESDAY, 14 SEP 2022
Former Synchron general manager Phil Osborne has been appointed to head up Sequoia Financial Group's licensee, Libertas Financial Planning. Osborne, who resigned from Synchron in June after just five months, will support the ongoing development of advisers ...

Northern Trust hires former TelstraSuper COO

ELIZABETH FRY  |  WEDNESDAY, 15 JUN 2022
Northern Trust Asset Management has hired Miles Mallick to the newly created role of chief operating officer for Asia-Pacific. In his new role, Mallick will support the US$1.2 trillion asset manager's growth in the Asia Pacific region. Mallick joins ...

WAM looks to acquire Asian equities LIC

KARREN VERGARA  |  WEDNESDAY, 29 SEP 2021
WAM Capital is attempting to acquire a listed investment company that has a concentrated portfolio of listed Asian equities. WAM has its eye on PM Capital Asian Opportunities Fund (PAF), offering to pay $1.147 per PAF share. The proposed takeover bid ...

New equities LIC heads for the ASX

KANIKA SOOD  |  MONDAY, 16 AUG 2021
... purchase shares on the market, if its LIC trades at a discount. "This means that if any month the company trades at a discount to NTA (net tangible assets), we will stand in the market and purchase shares with the management fees and the same applies ...

WAM Global performance rises

ANNABELLE DICKSON  |  FRIDAY, 16 JUL 2021
... narrowing of the share price to net tangible assets with the discount at 3.9% after starting the period at an 18.1% discount to NTA. "The WAM Global investment team was diligent in finding compelling opportunities that fit our investment process amid ...

Northern Trust launches low carbon strategy

ANNABELLE DICKSON  |  WEDNESDAY, 14 JUL 2021
Northern Trust Asset Management (NTAM) has launched an actively managed strategy that focuses on high-quality, low-volatility stocks while maintaining a lower carbon footprint. The Quality Low Volatility Low Carbon World (QLV Low Carbon) Strategy is ...

WAM Global to acquire LIC

KANIKA SOOD  |  TUESDAY, 29 JUN 2021
... shares it does not hold. TGG investors have two options: either take WGB's share and options offer or exit at TGG's NTA (which is higher than current trading price) in a buy-back that Templeton has agreed to do. TGG directors, who have been considering ...

Soul Patts to acquire LIC

KANIKA SOOD  |  TUESDAY, 22 JUN 2021
... all of its remaining shares for a total consideration of about $6 per MLT share via scrip. This is a premium to MLT's NTA (both pre-tax and post-tax) as well as its shares' current trading price. If successful, the transaction will take SOL from ...

Cashwerkz takes stake in boutique, plans rebrand

KANIKA SOOD  |  THURSDAY, 10 JUN 2021
... funding the purchase via a $14 million equity raise. It will spend the remaining on strengthening its responsible entity's NTA reserves, hiring about three distribution staff, and for additional settlement capacity. Lastly, Cashwerkz will also seek ...

Adviser numbers fall below 20k

KARREN VERGARA  |  THURSDAY, 3 JUN 2021
The number of authorised financial advisers has officially dipped to 19,922, declining about 11% compared to this time last year. As at June 3, Rainmaker analysis of ASIC's Financial Adviser Register shows that there are currently 2144 active AFSLs. ...