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Showing 781 - 790 of 3900 results for "ASX 300"

Stake taps FinClear for ASX offering

ELIZABETH MCARTHUR  |  FRIDAY, 25 JUN 2021
Magellan-backed FinClear has been selected by Stake for trading, execution and clearing services as it moves into Aussie equities. Commission-free digital brokerage platform Stake recently announced it will add Australian equities to its platform, after ...

Soul Patts to acquire LIC

KANIKA SOOD  |  TUESDAY, 22 JUN 2021
Washington H Soul Pattinson will pay about $4 billion for a scrip merger with LIC Milton Corporation, as it chases liquidity for new acquisitions and better index participation. Milton Corporation (MLT) is an Aussie equities listed investment company ...

GROW wins new super fund client

KANIKA SOOD  |  TUESDAY, 22 JUN 2021
A Queensland superannuation fund has picked GROW Inc to replace Mercer as its administrator. The $1.4 billion Mercy Super will soon swap to GROW, after using Mercer for seven years. The transition was initially slated for a June 1 start but was delayed. ...

ASIC changes ETF market maker rules

KARREN VERGARA  |  TUESDAY, 22 JUN 2021
ASIC is making it easier for offshore market makers to work with ASX-listed and Chi-X listed ETFs. The corporate regulator has amended Class Order 13/721 [CO 13/721] to remove the requirement that an authorised participant must be an Australian resident ...

Franklin Templeton shutters fund

KANIKA SOOD  |  MONDAY, 21 JUN 2021
Franklin Templeton Investments is winding up its retail Australian Equity Fund, as asset growth lags. The fund was terminated on June 16, with returns of money to investors expected by July 31. "FTIA have determined that based on the current low level ...

L1 Capital launches activist fund

KARREN VERGARA  |  TUESDAY, 15 JUN 2021
L1 Capital is launching a new Australian equities fund that seeks to unlock company value via shareholder activism. The Catalyst Fund, which launches on July 1, will be led by James Hawkins, who joined L1 Capital as a partner in March. The high-conviction ...

ASX invests in GROW Inc

KANIKA SOOD  |  FRIDAY, 11 JUN 2021
ASX has acquired a minority stake in fast-growing superannuation administrator GROW Inc. In a statement, the exchange said the investment aligns closely with ASX's strategy to drive efficiency in financial services using distributed ledger technology ...

LIC restructures to ETMF

ELIZABETH MCARTHUR  |  THURSDAY, 10 JUN 2021
In a very rare move, a listed investment company has restructured to become an exchange traded managed fund - listing on the ASX today. The Monash Absolute Investment Company (MA1) has been restructured to become the Monash Absolute Active Trust (MAAT ...

BlackRock rejigs Aussie shares fund

KANIKA SOOD  |  MONDAY, 7 JUN 2021
BlackRock is changing the name and fees for the BlackRock Concentrated Industrial Shares strategy. Effective June 1, the fund was renamed to BlackRock High Conviction Australian Equity Fund. The strategy has about $700 million in total assets, of which ...

PEXA to IPO in June

ANNABELLE DICKSON  |  MONDAY, 31 MAY 2021
Link Group has announced that digital property settlement platform PEXA will list on the ASX towards the end of June after fielding offers from private equity firms. Link has signed an underwriting agreement for the initial public offering of PEXA ...