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Showing 791 - 800 of 6923 results for "shares"

Member contributions lift super assets to $3.5tn

KARREN VERGARA  |  WEDNESDAY, 2 MAR 2022
... and $472 million respectively comprised the majority of the SMSF asset pool. Large amounts are also invested in listed shares ($241m), overseas non-residential property ($184), unlisted trusts ($115m) and cash and term despots ($148m).

Mingshi Investment Management to launch local offering

JAMIE WILLIAMSON  |  THURSDAY, 24 FEB 2022
The Shanghai-headquartered investment manager has been handed an AFSL as it looks to roll out two local China-A shares funds for institutional and sophisticated investors. Following the opening of its Sydney office last month, Mingshi Investment Management ...

SMSF sector grows 11%: ATO stats

JAMIE WILLIAMSON  |  TUESDAY, 22 FEB 2022
... less than $200,000 in assets fell by 7% to 33% in the five years to June 2020. These balances are typically held in listed shares (26%), cash and term deposits (21%), unlisted trusts (12%), non-residential real property (10%) and limited recourse borrowing ...

HUB24 completes Class acquisition

KARREN VERGARA  |  FRIDAY, 18 FEB 2022
... currently recruiting for a permanent hire for these two roles. As part of the deal, HUB24 issued 11.4 million ordinary shares and paid $15.7 million in cash to Class shareholders. The newly issued HUB24 shares were expected to commence trading on the ...

AustralianSuper to grow external mandates, hires

JAMIE WILLIAMSON  |  TUESDAY, 15 FEB 2022
... the Japanese and Indian markets will be on the table for the first time. The fund will also look to build out its China A shares portfolio and appoint a range of sector specific, specialist or bespoke mandates. According to Rainmaker data, as at October ...

ETF industry loses $5bn

JAMIE WILLIAMSON  |  MONDAY, 14 FEB 2022
... at 17.8%. The BetaShares Australia 200 ETF saw the greatest inflows for the month, followed by the Vanguard Australian Shares Index ETF and the Vanguard MSCI Index International Shares ETF. In comparison, while it remains one of the largest ETFs, the ...

CDPP dumps ANZ cartel case

KARREN VERGARA  |  MONDAY, 14 FEB 2022
... Commonwealth Director of Public Prosecutions has dropped all charges against the criminal cartel case involving the issue of ANZ shares. Last week, the CDPP withdrew charges against the remaining defendants, Citigroup Global Markets Australia, Deutsche ...

Magellan funds under review

ELIZABETH MCARTHUR  |  TUESDAY, 8 FEB 2022
... there is high uncertainty about the fair value of its share price. Morningstar revised its fair value estimate of Magellan shares down from $38 to $34.50, still comfortably above the current share price. "We believe shares are undervalued but concur ...

Class chief exits following takeover

KARREN VERGARA  |  TUESDAY, 8 FEB 2022
... February 4. HUB24 initially offered 10 cents per share to acquire Class but increased it to 12.5 cents per share. Class shares were suspended on February 7.

Magellan shuns turnaround companies

KARREN VERGARA  |  FRIDAY, 4 FEB 2022
... shareholders worried about what the separation from his wife Alexandra Douglass meant for the company's shareholding. MFG shares reached as high a $73.67 in February 2020 prior to the coronavirus correction. It currently trades below $19, which is ...