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Showing 651 - 660 of 2017 results for "BID"

Wealth manager makes senior appointment

ALLY SELBY  |  MONDAY, 3 FEB 2020
... firm announced it had closed its Dixon Projects business in Australia, cut 100 jobs and scaled back its US-based fund in a bid to cut costs. David Evan's Evan & Partners merged with Alan Dixon's Dixon Advisory in 2017, and floated soon after in 2018. ...

Overhaul bites Deutsche Bank bottom line

ALLY SELBY  |  FRIDAY, 31 JAN 2020
... billion, as well as severance expenses of €805 million. Chump change, considering the bank made 18,000 people redundant in a bid to save €6 billion by 2022. Deutsche Bank said the losses were in line with expectations. "All these transformation-related ...

First State Super acquires rental properties

ALLY SELBY  |  THURSDAY, 30 JAN 2020
First State Super has acquired 55 rental units six kilometres from Melbourne's CBD in a bid to improve housing affordability for nurses, police and firefighters. The rental properties will be offered to healthcare, aged care, disability services ...

US firm makes second bid for Aussie fund

ELIZA BAVIN  |  THURSDAY, 30 JAN 2020
A US-based investment giant has made a second bid for an Australian property fund with a $485 million takeover offer. Starwood Capital made the all-cash offer at $2.98 per unit for Australian Unity Office Fund (AOF) over a year after its first failed ...

Listed fund manager plots expansion

HARRISON WORLEY  |  WEDNESDAY, 29 JAN 2020
... leading funds management platform in the Australasian region. Centuria Capital Group has launched a $174 million takeover bid for Augusta Capital, one of New Zealand's largest listed real estate fund management platforms, with around $1.9 billion in ...

SMSF platform makes $25m acquisition

ALLY SELBY  |  TUESDAY, 28 JAN 2020
An ASX-listed SMSF technology platform has dropped $25 million on its first acquisition, in a bid to reinforce its position as a technology leader. Class will acquire all of the shares in corporate compliance and documentation platform NowInfinity by ...

Chief economist update: Happy New Year rat

BENJAMIN ONG  |  MONDAY, 20 JAN 2020
"Gong xi fa cai"! China celebrates its lunar new year on January 25 this year, bidding farewell to the "pig" and welcoming the 'Year of the Rat'. Beijing has every reason to be optimistic. Derogatory as it may seem to be called "a rat", this ...

Chief economist update: Aussie Black Friday spend will end Saturday

BENJAMIN ONG  |  MONDAY, 13 JAN 2020
... mention engage in quantitative easing, anymore. More so, given that the Morrison government - forgive my cynicism but in its bid to remain in government - has all but ditched its commitment to a budget surplus. "The surplus is of no focus for me whatsoever. ...

Ellerston hires from Colonial First State

KANIKA SOOD  |  WEDNESDAY, 8 JAN 2020
... or an exchange-traded fund, after facing backlash from prominent investor David Kingston. In October last year, Ellerston bid farewell to its investor relations lead who left for Bell Asset Management. Melissa Ridley joined Bell as an institutional client ...

What you read in 2019: Financial advice

JAMIE WILLIAMSON  |  THURSDAY, 19 DEC 2019
There wasn't a dull day to be had in Australia's financial advice industry in 2019, but unfortunately it was rarely a good thing. We are bidding farewell to the year that is likely to be remembered as one financial advisers would rather forget. ...