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Showing 701 - 710 of 1637 results for "valuation"

Hong Kong drops LSE bid

ELIZA BAVIN  |  WEDNESDAY, 9 OCT 2019
... 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". In a statement, the Hong Kong Exchange said: "The board of HKEX continues to ...

IFM Investors boss to retire

KANIKA SOOD  |  THURSDAY, 19 SEP 2019
... financial year. In its FY19 results, Himbury said the company is now valued at over $1 billion. When he joined, the valuation was $228 million. AustralianSuper chief executive Ian Silk said: "Brett has done an incredible job over the past decade in building ...

Neuberger Berman launches new fund

KRISTI CHENG  |  THURSDAY, 19 SEP 2019
Neuberger Berman has launched an actively managed, income fund in Australia. The global asset manager has launched the Neuberger Berman Strategic Income Fund in Australia, which is designed to offer investors access to a "diversified mix of fixed income ...

Northern Trust chair defends Woodford loan

ELIZABETH MCARTHUR, KANIKA SOOD  |  TUESDAY, 17 SEP 2019
... further investments during this time without the prior consent of Northern Trust. Link Fund Solutions recently reduced the valuation of the Woodford Patient Capital Trust, by 4 pence per share of the NAV. Link does not expect the suspension of the Woodford ...

AMP advisers prepare for battle

JAMIE WILLIAMSON  |  FRIDAY, 13 SEP 2019
More than 90% of the AMPFPA's members have confirmed they will support legal action against the group, with the association saying AMP is simply offloading practices it can no longer profit from. The AMP Financial Planning Association has prepared ...

IFM Investors hires executive director

KANIKA SOOD  |  THURSDAY, 12 SEP 2019
... its $140 billion in funds under management is now from such institutions, it said in FY19 briefing. The business' valuation crossed $1 billion, up from $869.5 million last year.

IFM Investors executive departs

KANIKA SOOD  |  MONDAY, 9 SEP 2019
... clients. It recorded $22 billion in net flows for the FY19 and profits for the $114 million pre-tax. IFM hit a $1 billion valuation this year.

Northern Trust embroiled in YouTube fundie saga

ELIZABETH MCARTHUR  |  MONDAY, 9 SEP 2019
... limiting borrowing to an amount based on the quoted and unquoted value of holdings. In the event that the portfolio valuation changes so that the amount drawn down under the facility exceeds, the trust will be required to reduce borrowing to bring the ...

LIC announces board changes

KARREN VERGARA  |  TUESDAY, 27 AUG 2019
A listed investment company managed by Investors Mutual announced changes to its board of directors. QV Equities (QVE) added a new member to its board after John McBain, the joint chief executive of Centuria Capital, retires after five years of service. ...

Government should intervene in BOLR changes: Opposition

JAMIE WILLIAMSON  |  FRIDAY, 23 AUG 2019
The NSW shadow minister for finance and small business has asked what the state government is doing for advisers facing financial ruin as a result of AMP's plan to change Buyer of Last Resort terms. Speaking in NSW parliament earlier this week ...