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Showing 721 - 730 of 16258 results for "Share"

Selfwealth shareholders resoundingly greenlight takeover proposal

ANDREW MCKEAN  |  WEDNESDAY, 23 APR 2025
... those who voted, 99.7% were in favour of the proposed offer, which will see shareholders receive $0.28 in cash for each share they own as of May 1. The offer represents a 133% premium to Selfwealth's 12 cent closing price the day before Bell Financial ...

Insignia Financial trims $5bn off FUM

JAMIE WILLIAMSON  |  WEDNESDAY, 23 APR 2025
Market volatility and institutional outflows shaved $5 billion off Insignia Financial's funds under management (FUM) last quarter. In the March quarter, Insignia Financial said about $1.8 billion of the $3 billion an institutional client poured into ...

Pinnacle affiliate launches offshore version of smaller companies fund

ANDREW MCKEAN  |  WEDNESDAY, 23 APR 2025
... positioned in companies that we believe have strong fundamentals and will continue to deliver cashflow growth of 10-15% per share over the cycle. "We also believe combining global small caps with either global large caps or regional mandates may improve ...

Iress offloads QuantHouse

KARREN VERGARA  |  WEDNESDAY, 23 APR 2025
... Tech Holding AG is set to take over Iress' European market data and trading infrastructure business under a binding share sale and purchase agreement. Iress paid €38.9 million ($69.3m) for QuantHouse, which provides 145 data feeds from exchanges ...

Equity Story to buy advisory firm Baker Young

ANDREW MCKEAN  |  TUESDAY, 22 APR 2025
... earnings-accretive and "meaningfully contribute" to Equity Story's revenue and recurring income. It will also include a profit-share model for Baker Young advisers and staff, a model which is aimed at attracting more advisors as the group expands. The ...

AOF asset settlement delayed, on track for June delisting

KARREN VERGARA  |  TUESDAY, 22 APR 2025
... and 64 Northbourne Avenue, Canberra. Last May, Wilson Asset Management bought 9.8 million shares in AOF, paying $1.20 per share for its ASX-listed LIC WAM Strategic Value. AOF traded at 88 cents per share at the time of writing.

Institutional capital returns to retail real estate after hiatus

ANDREW MCKEAN  |  THURSDAY, 17 APR 2025
... Income, and China Life, CIC China, and Kimco, invested US$32 billion in retail properties in 2024. Meanwhile, the retail share of transaction volumes in the US has returned to 2017 levels, which the report said signals a broad recovery in the asset class. ...

Challenger posts mixed Q3 FY25 result

MATTHEW WAI  |  THURSDAY, 17 APR 2025
Challenger saw strong growth in annuity sales but its assets and funds under management fell in the third quarter of FY25. Challenger's funds under management were $115.2 billion, a $5.9 billion drop, mainly due to negative market movements, but also ...

DII drives life insurance disputes: APRA

KARREN VERGARA  |  THURSDAY, 17 APR 2025
... customers, 316 for non-advised customers and 2572 were finalised for group super customers. AIA Australia had the lion's share of resolved group super disputes at 996, finalising 91.1% of them in 0-45 days. AIA took 1.3 months on average to resolve ...

Insignia gives PE firms more time to devise deal

JAMIE WILLIAMSON  |  THURSDAY, 17 APR 2025
... 7, Insignia Financial confirmed it had received revised bids from both Bain and CC Capital, both of which offered $5 per share and valued the wealth manager at $3.35 billion. Insignia then signed exclusivity deals with both parties so they could continue ...