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Showing 601 - 610 of 2671 results for "Purchase"

Contango dumps investment strategy, opens raise

ANNABELLE DICKSON  |  THURSDAY, 13 AUG 2020
... emerging markets equities strategy managed by US-based WCM Investment Management. In addition, CIE has opened a share purchase plan in the hopes of raising $20 million. Shareholders can acquire up to $30,000 of shares at 62.5 cents per share. CIE has ...

Chief economist update: The wages of COVID-19

BENJAMIN ONG  |  THURSDAY, 13 AUG 2020
"After a steady period of wage growth over the previous 12 months, wages recorded the lowest annual growth in the 22-year history of the WPI, ABS head of price statistics Andrew Tomadini said. "The June 2020 quarter was the first full period in which ...

Bendigo and Adelaide Bank to face fresh class action

ELIZABETH MCARTHUR  |  TUESDAY, 11 AUG 2020
... agricultural managed investment scheme which sold loan packages marketed as Great Southern Finance. These loans were to purchase forestry and grape growing plots which were said to be able to produce investment returns. Great Southern collapsed in 2009 ...

UK competition watchdog blocks merger

ANNABELLE DICKSON  |  THURSDAY, 6 AUG 2020
... platform solutions in the UK making up nearly 50% of the market. The CMA's investigation provisionally found that FNZ's purchase of GBST could result in a lessening of competition and therefore could lead to UK consumers who rely on investment platforms ...

Perpetual opens retail raise

ANNABELLE DICKSON  |  TUESDAY, 4 AUG 2020
Perpetual has opened its share purchase plan to retail shareholders in an attempt to raise $40 million to fund the acquisition of US manager Barrow, Hanley, Mewhinney & Strauss (Barrow Hanley). Eligible shareholders are able to purchase up to $30,000 ...

Magellan to restructure retail global equities funds

KANIKA SOOD  |  MONDAY, 3 AUG 2020
... units (equaling half of the units they currently hold) at 7.5% discount to the NAV on a future date, when they make the purchase. MGE traded at 2.7% discount to the NAV as at May 29. MFG will pay the costs of the restructure out of the company's ...

Life insurance at tipping point: Industry leaders

ALLY SELBY  |  FRIDAY, 31 JUL 2020
... growing market; we were distribution led, customers don't see our products as something they really want to go and purchase; it's something they know they need to have," she said. "But as we have become mature, the need to focus in on growing ...

Platforms reveal merger details

ANNABELLE DICKSON  |  FRIDAY, 31 JUL 2020
... cents per share based on a price of 44.50 cents per Praemium Share as at July 28. Praemium will split the $55.6 million purchase price as 7.5 cents per share in cash and one Praemium share for every two Powerwrap shares. It is also the largest shareholder ...

Chief economist update: Second wave comes to Japan

BENJAMIN ONG  |  MONDAY, 27 JUL 2020
Getting bitten by the love bug may be lovelier the second time around but definitely not if it's a second bite from the coronavirus. Australia is currently in the midst of it. Now the second wave looks like it's come to Japan. According to Kyodo ...

Super to lose $3tn by 2040

JAMIE WILLIAMSON  |  FRIDAY, 24 JUL 2020
... "Super funds are major investors into Australia's economy with their investments spanning infrastructure, property, purchase of government bonds, company shares, agribusiness, seeding start-ups and energy projects." Other shifts anticipated to occur ...