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Showing 791 - 800 of 2060 results for "BID"

Future Fund boosts alternatives assets

KARREN VERGARA  |  THURSDAY, 8 NOV 2018
The Future Fund has increased its stake in alternative assets and appointed two new fund managers in a bid to combat the tailwinds coming from the global equities market. Australia's sovereign wealth fund increased its allocation in private equity ...

Pinnacle drops fees in Blue Sky fund bid

KANIKA SOOD  |  MONDAY, 5 NOV 2018
Pinnacle has knocked off performance fees from its bid to manage the Blue Sky Alternatives Access Fund, bringing it in line with Wilson Asset Management's bid, according to LIC's directors. The two managers have put in proposals to gain the ...

Cbus whacks illegal phoenixing

KANIKA SOOD  |  FRIDAY, 2 NOV 2018
... submission to Treasury consultations on draft legislation around the introduction of director identification numbers (DINs) in a bid to protect its members' employments from dodgy company directors, Cbus group executive Robbie Campo said. "The impact ...

Magellan boosts retail push for Airlie

KANIKA SOOD  |  THURSDAY, 25 OCT 2018
... Magellan is close to listing an Australian equities strategy from its recent acquisition of Airlie Funds Management as part of a bid to bring more retail money to the former insto-only strategy. Exchange-traded units of the Airlie Australian Share Fund ...

Wealth group announces new chief executive

DARREN SNYDER  |  THURSDAY, 25 OCT 2018
... with the franchisees and broker partners to give them what they need to be successful." In August, YBR rejected a takeover bid from Mercantile OFM. At the time Bouris said the offer was unsolicited and "materially undervalues the existing and future ...

Blue Sky LIC gets a new suitor

KANIKA SOOD  |  WEDNESDAY, 24 OCT 2018
... Pinnacle affiliate as its new manager. Wilson Asset Management has sent a proposal to the LIC's non-executive directors, making a bid to be appointed as the new manager for the Blue Sky Alternatives Access Fund (ASX: BAF). The LIC has been managed by ...

AustralianSuper consortium renews bid for healthcare company

KANIKA SOOD  |  TUESDAY, 23 OCT 2018
The BGH Capital-AustralianSuper consortium has made another bid to acquire Healthscope, five months after the company rejected its previous bid. BGH-AustralianSuper is offering to pay $2.36 per share for the private hospital owner-operator. This offer ...

Funds SA portfolio manager leaves, team to expand

KANIKA SOOD  |  WEDNESDAY, 10 OCT 2018
The $32 billion South Australian public sector fund is bidding farewell to a long-standing portfolio manager who looked after its alternatives portfolio. Clive Boyce managed Funds SA's private equity, infrastructure and opportunistic property investments ...

WAM pushes for HHY closure

KARREN VERGARA  |  TUESDAY, 9 OCT 2018
... questionable conduct. WAM reminded shareholders that when the Aurora Global Income Trust (AIB) attempted to make a takeover bid for HHY in September 2016, AIB's share prices has fallen more than 70% to 23 cents as at October 5. Acting as the responsible ...

Australian Unity mulls fund takeover

JAMIE WILLIAMSON  |  MONDAY, 8 OCT 2018
Starwood Capital Group has made another bid to buy the ASX-listed Australian Unity Office Fund. As responsible entity of the fund, Australian Unity Investment Real Estate received an unsolicited, indicative and non-binding proposal from Starwood Capital ...