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Showing 651 - 660 of 6947 results for "shares"

Credit Suisse, oil prices see ASX fall: CommSec

CASSANDRA BALDINI  |  THURSDAY, 16 MAR 2023
... assistance due to regulatory requirements. "They are a 10% stakeholder already," he said. "So, on the back of that, we saw Euro shares fall quite sharply, down 6.9% making it the biggest fall in about four months and that fed into concerns globally and ...

Australian Ethical adds to leadership team

CASSANDRA BALDINI  |  TUESDAY, 14 MAR 2023
... but globally," managing director John McMurdo said. The announcement follows Australian Ethical's decision to sell its shares in Lendlease Group over planned development that could threaten the survival of one of the last remaining healthy koala colonies ...

Morrison Securities stake to net Sequoia $40m

JAMIE WILLIAMSON  |  THURSDAY, 9 MAR 2023
... said $500,000 of the proceeds will be set aside to establish a trust for employees of Morrison Securities, holding Sequoia shares to vest over 18 months. Sequoia said its board believes Morrison's growth was being restricted by its balance sheet. Sequoia ...

TIP Group to acquire advice firm

CASSANDRA BALDINI  |  TUESDAY, 7 MAR 2023
... proposed transaction is conditional, payable on a deferred basis and will be paid via an issue of new fully paid ordinary shares in the company. "A maximum of $2,500,000 in Consideration Shares can be issued, with the final number linked to performance," ...

Airlie founder to step down, successor named

KARREN VERGARA  |  TUESDAY, 7 MAR 2023
... managing institutional clients. Total consideration for both acquisitions came to $19 million in cash and 4.5 million Magellan shares. Magellan chief executive David George commented: "As the founder of Airlie, John successfully established, built, and ...

Bravura $80m restructure underway

KARREN VERGARA  |  TUESDAY, 7 MAR 2023
... an additional $17 million among retail shareholders on March 13. All in all, the raise equates to about 200 million new shares issued. Chief executive Libby Roy intends to use the proceeds for an operational change program ($22m), and fund negative cashflow ...

AustralianSuper overhauls Member Direct fees

KARREN VERGARA  |  MONDAY, 6 MAR 2023
... $25,000 or more will see fees either stay the same or decrease. The portfolio administration fee on the term deposits, shares, ETF and LIC options will decrease. Members invested in term deposits will pay a flat $120 per year from April 1, while those ...

ASIC charges former investment company executives

ANDREW MCKEAN  |  MONDAY, 6 MAR 2023
... former chief executive McAuliffe, resigned in June 2019. A new board was appointed, and trading in Benjamin Hornigold's shares resumed on 25 June 2020. The Commonwealth Director of Public Prosecutions is handling the prosecution of Benjamin Hornigold's ...

Expect more greenwashing action: ASIC

RACHEL ALEMBAKIS  |  FRIDAY, 3 MAR 2023
... ESG credentials into account when making investment choices," he said. "Seventy three percent of those who invested in shares in the last 12 months said they have declined to invest in something because of the company's poor environmental record." ...

Lazard Asset Management creates family office division

CHLOE WALKER  |  FRIDAY, 3 MAR 2023
... and to build a lasting legacy." Meanwhile, Truvvo chief executive and chief investment officer Casey Whalen said the firm shares Lazard's commitments to serving as a trusted advisor and fiduciary to its clients. "We partner with our clients to help them ...

Editor's Choice

L1 Group sells Platinum's responsible entity to Equity Trustees

RIDDHIMA TALWANI
L1 Group has offloaded Platinum Investment Management Limited (PIML) to Equity Trustees (EQT), handing over the responsible entity (RE) role for the Platinum funds while keeping investment management in-house.

LGT poaches Koda Capital's top-rated adviser

RIDDHIMA TALWANI
LGT Wealth Management has poached Koda Capital's 2025 top-rated adviser and partner Frank Macindoe.

CareSuper rejigs beneficiary nominations, investment options

KARREN VERGARA
CareSuper has introduced several changes to its investment options and beneficiary nominations.

Fortnum pays $1.35m to settle ASIC lawsuit

MATTHEW WAI
Fortnum Private Wealth will pay a penalty of $1.35 million and ASIC's costs to resolve legal proceedings against the firm over a cyber governance matter which occurred between April 2021 and May 2023.

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ETF SHARES MANAGEMENT LTD
ETF Shares chief executive Cliff Man spent his career automating, building and challenging established systems. Now, he is betting that Australia's ETF market has room for something different. Vinny Vucago writes.
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