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Showing 51 - 60 of 6897 results for "shares"

L1 Group eyes golden returns with new LIC

RIDDHIMA TALWANI  |  TUESDAY, 17 MAR 2026
... Limited and intends to list it on the ASX with the ticker code LGF. It has invited investors to apply for up to 500,000,000 shares at a price of $2 per share. It expects to commence trading of the listed investment company (LIC) on the ASX on April 24. ...

Bain Capital to acquire Perpetual's wealth management unit

KARREN VERGARA  |  MONDAY, 16 MAR 2026
... $50 million relating to the performance of the accounting and wealth operations of the unit. Perpetual will sell all the shares in Perpetual PWM Services, which is the head company of the Perpetual Wealth Management Group, on a cash and debt free basis. ...

Janus Henderson says Victory deal could leave it 'gravely damaged'

RIDDHIMA TALWANI  |  FRIDAY, 13 MAR 2026
... proposal by Victory Capital will be able to receive the required shareholder approval, as Trian holds 20.7% of its outstanding shares and will actively solicit opposition to the approval of the proposal. Janus Henderson also relayed concerns on receiving ...

Lowy family takes stake in Magellan

KARREN VERGARA  |  TUESDAY, 10 MAR 2026
... shareholder approval for the merger. Shareholders will need to greenlight the issue of 106,838,520 fully paid ordinary shares by Magellan to Barrenjoey parties and an affiliate of Barclays on completion of the proposed acquisition. Magellan shareholders ...

BlackRock caps outflows on US$27bn private credit fund

KARREN VERGARA  |  MONDAY, 9 MAR 2026
... Investments Partners, which BlackRock acquired in 2024 for US$12 billion, said shareholders requested to redeem 9.3% of shares outstanding - "exceeding the 5% framework for the first time since its inception". The limit of 5%, which has been part of ...

Former adviser incurs additional charges for dishonest conduct

RIDDHIMA TALWANI  |  FRIDAY, 6 MAR 2026
... slapped with multiple charges for allegedly making dishonest representations to potential investors in relation to acquiring shares in his own doomed company. This brings the total number of charges Cuthbertson faces to 18. Cuthbertson was the sole director ...

Vanguard launches three new funds

ELIZA BAVIN  |  WEDNESDAY, 4 MAR 2026
... Australian investors access to US equity markets with the launch of three S&P 500 Index funds. The Vanguard S&P 500 US Shares Index ETF (ASX: V500) is an unhedged ETF; the Vanguard S&P 500 US Shares Index (Hedged) ETF (ASX: V5AH) is a currency-hedged ...

Magellan to merge with Barrenjoey for $906m

KARREN VERGARA  |  MONDAY, 2 MAR 2026
... said Barrenjoey has an implied value of $1.6 billion and will fund the transaction via the issue of new Magellan ordinary shares to Barrenjoey shareholders. Barclays and Magellan are the founding shareholders of Barrenjoey, launching it in 2020. Magellan ...

Victory Capital makes 'best-of-both-worlds' offer for Janus Henderson

RIDDHIMA TALWANI  |  FRIDAY, 27 FEB 2026
... Victory Capital said Janus Henderson shareholders will receive $57.04 per share, consisting of $30.00 in cash and 0.350 shares of Victory Capital stock, based on its closing stock price as of 25 February 2026. This represents a 37% premium to Janus Henderson's ...

AustralianSuper reduces fees on Member Direct option

ELIZA BAVIN  |  THURSDAY, 26 FEB 2026
... its Member Direct option, effective March 28. Portfolio administration fees on the 'Term Deposits' and the 'Shares, ETFs and LICs' levels of access will be reduced from $180 p.a. to $150 p.a. Brokerage fees will also be reduced. Currently ...