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Showing 801 - 810 of 6956 results for "shares"

Perpetual moves to acquire Pendal

ELIZABETH MCARTHUR  |  MONDAY, 4 APR 2022
... share. Pendal confirmed it received the conditional, non-binding indicative proposal from Perpetual to acquire 100% of shares in Pendal by way of scheme of arrangement. The proposal is for a consideration of one Perpetual share for every 7.5 Pendal shares ...

Nucleus Wealth launches direct indexing option

CHLOE WALKER  |  THURSDAY, 31 MAR 2022
... investors in a broad range of structures, including superannuation, the service involves the investor owning the individual shares that make up an index in a separately managed account. Because the investor directly owns each of the shares in their own ...

GAM loses insto mandate

JAMIE WILLIAMSON  |  THURSDAY, 31 MAR 2022
... interest," the regulator said. According to documents, Haywood was also at one time offered an equity warrant over Greensill shares which was not taken up but was also not recorded appropriately. Part of Haywood's fine, about $40,000, is the value ...

Popularity soars for managed accounts

CHLOE WALKER  |  TUESDAY, 22 MAR 2022
... reached $131.6 billion as of 31 December 2021. This is expected to rise to 25% by 2025, over and above flows into direct shares and listed investment companies. Brennan said the reason managed accounts are so popular is partly because advisers are seeing ...

Douglass exits Magellan board

KARREN VERGARA  |  MONDAY, 21 MAR 2022
... March 16, Hamish McLennan, who succeeded Douglass as chair, announced the firm will buy back 10 million ordinary fully paid shares or 5.4% of shares outstanding. A trick of the trade, share buybacks effectively boost a public company's share price ...

Disclosure lacking in common ownership: Committee

JAMIE WILLIAMSON  |  FRIDAY, 18 MAR 2022
... super funds, driven by mergers and in-housing, "is likely to lead to greater potential for the simultaneous ownership of shares in competing companies by institutional investors", the report posits. The committee states in its report that the lack of ...

ASIC opens CCIV licensing consultation

KARREN VERGARA  |  FRIDAY, 18 MAR 2022
... passed parliament on February 10. The legislation enables the setup of CCIVs as a new type of company that is limited by shares and has a single corporate director. It is effectively an umbrella vehicle that can have one or more sub-funds that offer ...

KKR acquires real estate manager

ELIZABETH MCARTHUR  |  FRIDAY, 18 MAR 2022
... largest real estate managers in Japan, after signing a deal with Mitsubishi and UBS. KKR is acquiring all the outstanding shares of Mitsubishi Corp.-UBS Realty (MC-UBSR) from Mitsubishi and UBS Asset Management in an all-cash transaction valued at US$2 ...

Permanent ban for former authorised representative

CHLOE WALKER  |  FRIDAY, 18 MAR 2022
... 1 June 2015 to 22 October 2020, Halligan, who was an authorised representative of BR Securities Australia, transferred shares in excess of $550,000 from his clients' accounts. The shares were transferred into the trading account of Santorini Sun, a business ...

AltX appoints head of property risk

CHLOE WALKER  |  THURSDAY, 17 MAR 2022
... pleased to have attracted someone of Pasin's calibre to join the team. "We have worked with Giamol for several years, and he shares the group's conservative ethos on property appraisals," Beinhart said. "We are confident he will very quickly prove a ...