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Showing 741 - 750 of 956 results for "PIP"

APA gets HDF books

BEN COLLINS  |  MONDAY, 6 AUG 2012
APA group will have access to Hastings Diversified Utilities Fund's books, after it made a proposal to increase its offer for the fund. Energy infrastructure investor Hastings is subject to two takeover offers: a cash-and-scrip offer from APA Group ...

AMP Capital, Macquarie internalise infra JV

BEN COLLINS  |  TUESDAY, 31 JUL 2012
AMP Capital, Macquarie Capital Group and DUET Group have agreed to internalise the management of DUET - an ASX-listed investor in regulated energy utility assets in Australia. DUET was established in June 2003 as wholesale unit trusts. In August 2004 ...

TO Panel rejects HDF complaint

BEN COLLINS  |  TUESDAY, 31 JUL 2012
The Takeovers Panel has said it won't investigate a complaint over the sale of the Hastings Diversified Utilities Fund made by Australian Foundation Investment Company Limited - a unit holder in the infrastructure fund. The Hastings Diversified Utilities ...

HDF to engage with APA on bid

MELANIE TIMBRELL  |  THURSDAY, 26 JUL 2012
A subcommittee of independent directors of Hastings Funds Management has said it will engage with APA Group following yesterday's announcement of an increased takeover offer. APA Group raised its cash and scrip bid for east coast gas pipeline owner ...

OneVue names chief executive

LINDA HAUSKEN  |  WEDNESDAY, 25 JUL 2012
Platform provider OneVue has appointed Mark Frost to the newly created position of chief executive of direct services. Frost has been in the wealth management industry for 20 years and was formerly a vice president and client relationship manager at ...

ACCC clears Hastings offer

BEN COLLINS  |  FRIDAY, 20 JUL 2012
The Australian Competition & Consumer Commission will not oppose the APA Group's proposed takeover of the Hastings Diversified Utilities Fund. Market participants had expressed concern over the ramifications of the deal, but the Australian Competition ...

Pipeline Partners makes HFM bid

BEN COLLINS  |  WEDNESDAY, 11 JUL 2012
Pipeline Partners Australia has made a binding $1.23bn takeover offer for the Hastings Diversified Utilities Fund. "The Hastings Funds Management Ltd (HFML) subcommittee of independent directors is currently considering the terms of the proposal and ...

Pool local govt infra projects to attract investors: E&Y

BEN COLLINS  |  TUESDAY, 19 JUN 2012
A study commissioned by the Commonwealth government into infrastructure financing has recommended the pooling of local council infrastructure project structures to make them more attractive to superannuation funds. The report by Ernst & Young suggests ...

Asteron re-focuses group risk strategy

LINDA HAUSKEN  |  TUESDAY, 5 JUN 2012
Asteron Life has updated its group risk strategy to move focus to the corporate superannuation fund and platform provider market. According to Asteron Life, group risk is an important part of its strategy to build distribution reach and capability in ...

Hastings consortium snaps up de-sal plant

MELANIE TIMBRELL  |  FRIDAY, 11 MAY 2012
An international consortium including the Ontario Teachers Pension Plan and two funds owned by Westpac subsidiary Hastings Funds Management has signed off on a $2.3bn deal to lease the NSW desalination plant. Finalised only six days after offers were ...