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Showing 501 - 510 of 1094 results for "L1 Capital"

COVID-19 ushers in the future of work

ALLY SELBY  |  THURSDAY, 14 MAY 2020
With days, weeks, and months passing in what seems a blink of an eye, Australians have become accustomed to the comfort of working from home. So what does it mean for commercial real estate and those invested in it? Perhaps many, arguably those without ...

ME Bank pays industry funds no dividends

ELIZABETH MCARTHUR  |  THURSDAY, 14 MAY 2020
MP Tim Wilson has argued industry super funds' ownership of ME Bank is at odds with the sole purpose test as the bank has yet to pay dividends. Following ME Bank's controversial decision to slash redraw balances on some legacy home loans, and ...

Death of dividends greatly exaggerated: Epoch

ELIZA BAVIN  |  TUESDAY, 12 MAY 2020
In the midst of Australian companies cutting dividends due to the effects of COVID-19, Epoch Investment Partners says investors can still generate dividend income from offshore. Damien McIntyre, chief executive of GSFM, the distributor of Epoch's ...

Dividends take hit, but will recover

ALLY SELBY  |  MONDAY, 11 MAY 2020
Dividends will fall as COVID-19 wreaks havoc on the bottom lines of Australia's listed companies, but they are poised for a much quicker rebound than that seen during the Global Financial Crisis. That's according to $9.5 billion fund manager Ausbil ...

Court to decide OneVue claim over Sargon sale

KANIKA SOOD  |  WEDNESDAY, 6 MAY 2020
The sale of Sargon's subsidiaries has yielded $29.6 million for its secured creditors including OneVue and Westpac, who will now have their claims decided in court. The sale, which was confirmed yesterday includes Diversa, CCSL, Tidswell and Australian ...

New buyers for Sargon businesses confirmed

KANIKA SOOD  |  TUESDAY, 5 MAY 2020
Sargon's Diversa, CCSL and Tidswell businesses will be owned by New York-based buyers, who are committing to retaining Aussie jobs and have hired a Westpac and BT veteran for the board. New Yorker Teddy Wasserman of CloverHill Capital and Australian-origin ...

State Street model portfolios land on BT Panorama

HARRISON WORLEY  |  TUESDAY, 28 APR 2020
Advisers using BT's flagship platform now have access to a suite of State Street ETF model portfolios, as the popularity of managed accounts continues to climb. All State Street risk-based ETF model portfolios are now accessible through BT Panorama ...

Property giant kicks off capital raise

ALLY SELBY  |  MONDAY, 27 APR 2020
A $38.9 billion ASX-listed real estate portfolio manager is set to bolster its balance sheet with a multi-million dollar institutional placement, as it moves to better withstand the impacts of the COVID-19 pandemic. In addition to the $275 million institutional ...

ASX ups capital raise capacity

ELIZA BAVIN  |  FRIDAY, 24 APR 2020
The Australian Securities Exchange announced changes to the temporary lift in placement capacity from 15% to 25% and increased transparency rules. The ASX said the measures are conditional on entities either doing a follow-on accelerated pro rata entitlement ...

Telstra issues 10-year bond

ALLY SELBY  |  FRIDAY, 17 APR 2020
Telstra has issued an $860 million 10-year bond as it moves to further strengthen its balance sheet. The bond, issued at €500 million, has been priced under Telstra's debt issuance program, and will be issued on April 23. Telstra said it would use ...