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Showing 581 - 590 of 2015 results for "BID"

It's not a bird or a plane; it's a new trading platform

ALLY SELBY  |  MONDAY, 7 SEP 2020
... wealth advice solutions. According to its website, Sanlam has partnered with the next generation of financial creators in a bid to "create real value that lasts for generations to come". Other than Superhero, Sanlam's affiliates include Stockspot ...

Fund manager charged with fraud

ALLY SELBY  |  FRIDAY, 4 SEP 2020
... Kamensky coerced a competing bidder for the securities to withdraw its offer, which was in fact, higher than Kamensky's own bid (and would have led to a larger distribution for the retailer's creditors). "Kamensky allegedly indicated that, in his position ...

WAM makes LIC takeover bid

ANNABELLE DICKSON  |  FRIDAY, 4 SEP 2020
Wilson Asset Management has made an off-market takeover bid for geared listed investment company Concentrated Leaders Fund (CLF) as a result of its ongoing poor performance and management woes. WAM is offering shareholders two of its shares for 3.7 ...

Morningstar upgrades four, downgrades 10

ALLY SELBY  |  THURSDAY, 3 SEP 2020
... Morningstar said. "We recognise the transparency this portfolio offers with daily holdings disclosure as being conducive to keeping bid-ask spreads tight, assisted by the relatively plain-vanilla securities held," it said. "As such, this gives us confidence ...

QBE chief exits after workplace complaint

ALLY SELBY  |  TUESDAY, 1 SEP 2020
... external investigation just a day after the complaint was made. The spokesperson would not reveal the nature of the conduct, in a bid to protect the identity of the female employee. Following the investigation, the board concluded Regan's "poor judgement" ...

WAM makes proposition plans public

ALLY SELBY  |  WEDNESDAY, 19 AUG 2020
Wilson Asset Management has made public its bid to manage listed investment company Contango Income Generator (ASX: CIE), after the investment manager failed to respond to WAM's initial proposal. It comes after the manager of the fund, Contango ...

Asset managers still bearish, but less so

ALLY SELBY  |  WEDNESDAY, 12 AUG 2020
Asset managers slightly increased their risk tolerance in the second quarter of the year in a bid to ride the equity rally, but risk aversion still remains high. That's according to new research from institutional specialist consultant bfinance, which ...

FSC calls for scaled advice model

ALLY SELBY  |  TUESDAY, 11 AUG 2020
... Financial Services Council (FSC) has called on the government to implement a two-year trial of a scalable advice model, in a bid to increase access to affordable advice to Australians at a time when they need it most. The COVID-19 crisis has seen a surge ...

Macquarie to transfer legacy pension product

KANIKA SOOD  |  MONDAY, 10 AUG 2020
Macquarie will transition pension members in its legacy SuperOptions product to a wrap style pension product, in a bid to lower administration fees and expand the investment offering. Macquarie closed the SuperOptions product to new members in June ...

BGH Capital closes in on theme park deal

ANNABELLE DICKSON  |  FRIDAY, 7 AUG 2020
... through shareholder equity by the company's half year announcement in February 2021. The deal comes months after BGH's initial bid in January at $4 after another offer at $3.90 in December from Pacific Equity Partners.