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Showing 811 - 820 of 2713 results for "Agreement"

Local fundie to manage US funds

KANIKA SOOD  |  WEDNESDAY, 16 SEP 2020
... manager will take over the management of two funds with about $130 million in US-based assets, under a revenue share agreement with a joint venture partner. Auctus Investment Group's asset management subsidiary will become the fund manager of two investment ...

Super funds accused of chest beating on climate change

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 SEP 2020
... zero absolute carbon emissions in its investment portfolio by 2050, a move the fund says is in align with the Paris Agreement. The $83 billion fund said it already has $8 billion invested in ESG strategies and that it will now divest all companies deriving ...

Uniti ups bid to compete with First State Super

ALLY SELBY  |  TUESDAY, 15 SEP 2020
Telecommunications company Uniti Group has upped its bid for listed telco OptiComm, as it goes head to head with First State Super to take the company private. It comes as Uniti also secures a 19.5% stake in OptiComm shares though commitments from a ...

PEP acquires listed tech firm

KARREN VERGARA  |  TUESDAY, 15 SEP 2020
... help it grow internationally. Sydney-based Pacific Equity Partners, with $4.9 billion in assets under management, is in agreement to acquire 100% of ASX-listed The Citadel Group (CGL), which provides technological services and solutions to the defence ...

ASX-listed fintech to buy Wirecard

ELIZA BAVIN  |  MONDAY, 14 SEP 2020
... Australia and New Zealand business. Change Financial, a US-focused fintech company, announced it has entered into a binding agreement to acquire all of business assets or Wirecard Australia and New Zealand for $7.8 million. Change Financial said the ...

Charter Hall REIT acquires portfolio, opens raise

ANNABELLE DICKSON  |  THURSDAY, 10 SEP 2020
The Charter Hall Long WALE REIT (CLW) has entered into an agreement to acquire a portfolio of petrol stations in New Zealand and will undertake an equity raise to fund the purchase. CLW is acquiring a 49% interest a portfolio of 70 long weighted average ...

Chief economist update: The second oil price discounting wave

BENJAMIN ONG  |  WEDNESDAY, 9 SEP 2020
... unilaterally announce an increase in production and at the same time, offered discounts to its oil customers. The eventual agreement by OPEC+ at the 10th (Extraordinary) OPEC and non-OPEC Ministerial Meeting on 12 April 2020 to adjust downwards overall ...

AMP deed of release bars advisers joining class action

ELIZABETH MCARTHUR  |  MONDAY, 7 SEP 2020
... couple of weeks ago. Macdonald said AMP advisers have always had to sign a deed of release which involved a financial agreement and an agreement that the departing adviser indemnifies AMP against any future actions. "What AMP has done is to add an additional ...

WAM makes LIC takeover bid

ANNABELLE DICKSON  |  FRIDAY, 4 SEP 2020
... investment officer in 2018, CLF traded at a discount of 6.7%. Interestingly, CLF externalised its investment management agreement to Carrara Investment Management, controlled by Sokulsky, on July 1 which saw the average share price discount to pre-tax ...

SMSF member increase bill reintroduced

ANNABELLE DICKSON  |  THURSDAY, 3 SEP 2020
... have an SMSF. A typical scenario was for these people, working in part-time jobs under the umbrella of an enterprise agreement, being forced to have their SG paid into a default fund and not their SMSF. This was clearly inequitable," Maroney said.