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Showing 671 - 680 of 2017 results for "BID"

Portfolio manager departs LIC

KANIKA SOOD  |  TUESDAY, 15 OCT 2019
One of Australia's oldest global shares LICs is bidding farewell to its portfolio manager who is leaving the manager after 19 years to pursue other opportunities. Franklin Templeton announced Peter Wilmshurst's departure from the company earlier this ...

Platinum global shares fund to shutter

KANIKA SOOD  |  WEDNESDAY, 9 OCT 2019
Platinum Asset Management is set to bid farewell to one of its funds, after a year of outflows. The MLC Investment Trust MLC Platinum Global Fund was closed to new investments in 2004. It is now headed for a termination, after a decision taken by MLCI ...

Hong Kong drops LSE bid

ELIZA BAVIN  |  WEDNESDAY, 9 OCT 2019
The bid was dependent on the axing of the London exchange's proposed Refinitiv takeover. The LSE had rejected the offer before it was pulled saying it fell "substantially short" of an appropriate valuation and there was "no merit in further engagement". ...

Frontier veteran to depart

KANIKA SOOD  |  TUESDAY, 1 OCT 2019
The $380 billion asset consultant is bidding farewell to Fiona Trafford-Walker after nearly 25 years with the business. Trafford-Walker was appointed as Frontier's managing director in 2000 when it separated from Industry Fund Services and stayed ...

Milestone ETF Rule passed

JAMIE WILLIAMSON  |  FRIDAY, 27 SEP 2019
... issuers to publish daily portfolio holdings on their website as well as historical data relating to premiums and discounts and bid-ask spreads to ensure transparency. However, the rule does not apply to all ETFs, with it not applicable to most unit trusts ...

Macquarie unveils green ambitions in New York

HARRISON WORLEY  |  FRIDAY, 27 SEP 2019
... Allianz, AXA, HSBC, Goldman Sachs and Macquarie and others - the firm will also move to support emerging market nations in their bid to develop conditions more conducive to private investment, with the development of new green banks. GIG is already working ...

Paradice portfolio manager departs, US office closed

KANIKA SOOD  |  WEDNESDAY, 25 SEP 2019
David Paradice's equities boutique is closing its San Francisco office and bidding farewell to a co-portfolio manager after a restructure of its global small caps team. The $5 billion Paradice Global Small Cap Fund was managed by investors across Sydney ...

Morgans snaps up CommSec Advisory business

ELIZA BAVIN  |  TUESDAY, 24 SEP 2019
... potentially vying for the business were Ord Minnett, Shaw and Partners and Wilsons, with Ord Minnett originally tipped to win the bid. CBA confirmed back in June this year that it was considering the sale after offloading Count Financial for $2.5 million. ...

Surprise $56 billion bid for London Stock Exchange

ELIZA BAVIN  |  THURSDAY, 12 SEP 2019
... billion in August this year. HKEX said the proposed transaction will only go ahead if the Refinitiv takeover does not. The bid comes at a crucial time for both, with Britain looking to strengthen its financial sector in the face of a looming Brexit ...

Merger costs may impact short-term returns: ASI

KANIKA SOOD  |  WEDNESDAY, 4 SEP 2019
... the merger costs on the investment side can be higher if the two funds have more pooled investment structures (which have bid offer spreads) instead of mandates or vastly different portfolios. Treatment of franking credits in equities portfolios In combining ...