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Showing 591 - 600 of 4156 results for "April"

Eildon rebuffs takeover bid

KARREN VERGARA  |  WEDNESDAY, 26 APR 2023
... amounts to a 15.5% discount based on net tangible assets of $1.10 per unit. Eildon traded at 79 cents per share on Friday, April 21. On April 24, when CVC announced its selldown to Samuel Terry, shares jumped by as much as 19% to 94 cents. EDC shares ...

Former adviser jailed for nine years

KARREN VERGARA  |  MONDAY, 24 APR 2023
... clients between $60,000 and $745,000 during October 2016 and March 2020, the District Court of New South Wales heard on April 21, only to use the funds to feed his gambling addiction. The hearing detailed how Fineff played his unwitting clients, 11 of ...

CVC sells 20% stake in Eildon

KARREN VERGARA  |  MONDAY, 24 APR 2023
... debt product and defined the target market based on features that CVC Notes 2 does not provide". ASIC revoked the order on April 4 after CVC narrowed the target market for the notes following the concerns. As at April 21, CVC said 311,410 of the notes ...

Modern slavery on the rise a decade on from Rana Plaza

RACHEL ALEMBAKIS  |  FRIDAY, 21 APR 2023
It is 10 years since more than 1000 people died in the Rana Plaza textile factory collapse in Bangladesh in April 2013. In the intervening years, regulations to improve factory safety has been introduced in Bangladesh, and issues related to worker safety ...

Adviser complaints rise, super complaints decrease

KARREN VERGARA  |  WEDNESDAY, 19 APR 2023
... by 25% from 1959. AFCA did not isolate the complaints related to Dixon Advisory and Superannuation Services, which as of April 17 stood at 1800 in aggregate. Altogether, AFCA received 43,516 complaints for the June to December period. Only 20,926 were ...

Purpose of pause to gather more data: RBA

CASSANDRA BALDINI  |  TUESDAY, 18 APR 2023
... Australia's (RBA) call to pause rate hikes rested on a decision to gather more information, it said. The minutes from its April 4 board meeting, where it decided to keep the cash rate at 3.6%, reveal the board extensively weighed economic impacts of ...

Brighter Super forges ahead with SFT

KARREN VERGARA  |  MONDAY, 17 APR 2023
... 260,000 members. The group comprises LGIAsuper, Energy Super and Suncorp's superannuation business, which was acquired in April 2022. The group is forecasting to manage $60 billion in assets over the next few years. Brighter Super won Money magazine's ...

Employment figures no cause for rate hike: Experts

JAMIE WILLIAMSON  |  FRIDAY, 14 APR 2023
... clearly it's a close call and the risk of another 0.25% hike is very high." The latest inflation data is due to be released April 26. Meanwhile, HSBC's Paul Bloxham also believes the pause will remain. "For the RBA, the key is what the jobs market means ...

Brookvine folds into ASX-listed multi-boutique

KARREN VERGARA  |  FRIDAY, 14 APR 2023
... managers. Its partners are THB Asset Management, Mittleman Brothers and Welton Investment Partners. Brookvine joined the fold on April 6. As of April 12, AGP recorded an increase to its funds under management to $1.1 billion, up from $905 million in ...

Vanguard cuts fee on bond ETF

KARREN VERGARA  |  TUESDAY, 11 APR 2023
... The Vanguard Australian Fixed Interest Index ETF (VAF) reduced management costs from 0.15% per annum to 0.10% p.a. from April 6. Commenting on the pricing review, Vanguard said factors such as the current size and scale of the fund, operational efficiencies ...