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Showing 71 - 80 of 1839 results for "BID"

Insignia offloads investment bonds unit

KARREN VERGARA  |  MONDAY, 24 JUL 2023
Insignia Financial has divested its investment bonds business for $40 million to Australian Unity in a bid to pay off debt. Australian Unity's subsidiary Lifeplan Friendly Society will take over Insignia's investment bond business, which operates ...

Openmarkets hit with largest ever MDP penalty

ANDREW MCKEAN  |  THURSDAY, 6 JUL 2023
... notably Openmarkets' failure to respond to suspicious trading activities by a client. The client had placed identical bid and ask orders on the same security at the same price, potentially creating a false impression of active trading. Subsequently ...

Apostle links with venture capital firm

KARREN VERGARA  |  MONDAY, 3 JUL 2023
... invests in Commonwealth Fusion Systems, which produces commercialised fusion energy and combines it with magnet technology, in a bid to provide a new source of clean energy. "This is a tangible, quality, impactful investment opportunity which we can ...

Cbus delivers strong returns, grapples property headwinds

ANDREW MCKEAN  |  FRIDAY, 30 JUN 2023
... head of total portfolio management and head of asset allocation Stewart Tan has resulted in promising early outcomes. In a bid to generate alpha, Cbus is seeking to broaden its dynamic asset allocation process by building upon existing strategies while ...

ASIC deepens investigation into Magnolia founder

KARREN VERGARA  |  FRIDAY, 30 JUN 2023
... of the many businesses Atkins operated that are now in liquidation. The Magnolia Equities III Fund made a failed takeover bid of ASX-listed The Agency Group (AU1) in December 2020. Atkins faces a final hearing at the Federal Court on August 11. In the ...

ETF explainer: Understanding their structure

ANDREW MCKEAN  |  FRIDAY, 16 JUN 2023
At the Financial Standard Technical Services Forum, Betashares associate director Gavin Montgomery explored the unsung structural aspects of ETFs. It's no secret ETFs have experienced growing popularity, especially among financial advisers. The ...

New Quantum reveals Nasdaq listing plans

CHLOE WALKER  |  FRIDAY, 16 JUN 2023
... models that can internalise the value created by the underlying technological automation," he said. ASIC's approval for the bid implementation is expected by mid-June.

AMP rolls out new North features

CHLOE WALKER  |  THURSDAY, 15 JUN 2023
In a bid to improve advice practice efficiency, AMP introduced a new Record of Advice (ROA) process to the platform, while also upgrading its MyNorth Lifetime Super Calculator. The new ROA template contains pre-formatted tables and charts detailing ...

GQ Multifamily platform boost BTR pipeline

CHLOE WALKER  |  THURSDAY, 1 JUN 2023
... Qualitas-backed GQ build-to-rent (BTR) platform has expanded its pipeline to 3650 apartments in Brisbane and Melbourne, in a bid to deliver "much needed apartment stock" to the market. The news comes after GQ Multifamily announced the closure of its ...

US debt ceiling agreement reached

CASSANDRA BALDINI  |  MONDAY, 29 MAY 2023
An eleventh-hour tentative deal has been struck by US lawmakers to raise the debt ceiling and avoid a national default disaster. US President Joe Biden and House Speaker Kevin McCarthy announced on Sunday their agreement to raise the $48 trillion (US$31.4 ...