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Showing 51 - 60 of 471 results for "Latter"

Global equities to grow in 2023: Plato

CHLOE WALKER  |  MONDAY, 16 JAN 2023
... shares will continue to provide Australian investors a great source of diversified income." According to Pennell, in the latter half of last year, large companies such as Microsoft Corp, Johnson & Johnson, and Proctor & Gamble increased their dollar ...

HESTA to commit $100m to green hydrogen

JAMIE WILLIAMSON  |  WEDNESDAY, 9 NOV 2022
... subsidiary Countrywide, to commit up to $100 million in green hydrogen projects to be originated, delivered, and operated by the latter companies. The term sheet is non-binding while HESTA completes due diligence but is expected to convert into a formal ...

Pendal reports underlying profit up 17%

ANDREW MCKEAN  |  FRIDAY, 4 NOV 2022
... January 2023. In August, Pendal's board unanimously agreed to enter a scheme of arrangement with Perpetual, under which the latter would acquire 100% of Pendal's shares. Since the announcement, a joint transaction integration committee was established ...

MySuper index records worst rolling return since 2009

JAMIE WILLIAMSON  |  THURSDAY, 3 NOV 2022
... not-for-profit funds outperformed retail funds too, with the former returning -5.6% for the 12 months to September end, versus the latter's -8.9%. Looking at individual asset classes, cash was the only asset class to record a positive return at 0.4% ...

Atlas Arteria ignores IFM opposition to latest deal

JAMIE WILLIAMSON, ANDREW MCKEAN  |  TUESDAY, 13 SEP 2022
... would be "significantly value destructive". It added that during a meeting between IFM and Atlas Arteria on August 31, the latter said it would not pursue a investment that was dilutive to distributions. "If the company continues with this course of ...

Perpetual to acquire Pendal

JAMIE WILLIAMSON  |  THURSDAY, 25 AUG 2022
Perpetual will acquire 100% of Pendal, in a scheme of arrangement that's been unanimously endorsed by the latter's board. Under the agreement, Pendal shareholders will receive one Perpetual share for every 7.5 Pendal shares plus $1.97 per share ...

Clime, Marcus Today form strategic alliance

JAMIE WILLIAMSON  |  FRIDAY, 19 AUG 2022
Clime Investment Management has entered a strategic alliance with Marcus Today to manage the latter's $70 million managed accounts portfolio. Under the deal, Clime will manage Marcus Today's managed accounts portfolios under the Ralton Asset ...

HESTA, Mercy Super to pursue merger

JAMIE WILLIAMSON  |  FRIDAY, 19 AUG 2022
HESTA and Mercy Super announced in June that they were well progressed with potential merger discussions. Now, the two have signed a Successor Fund Transfer deed with the aim of merging by November 30. The merger will see Mercy Super's 13,000 members ...

NAB falls after cost growth revision

ANDREW MCKEAN  |  TUESDAY, 9 AUG 2022
... expenses increased 1% because of an additional full-time equivalent, and higher personnel and leave costs. Though, the latter costs were partially offset by productivity. FY22 cost growth is now expected to be approximately 3-4% which includes a top-up ...

Aware Super invests in $100bn energy opportunity

ANDREW MCKEAN  |  FRIDAY, 8 JUL 2022
... energy storage projects with a focus on storage technologies, close-loop pumped hydro and vanadium redox flow batteries. The latter of which is a type of rechargeable flow battery that's best suited to grid-energy storage. This latest ESG investment ...