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Showing 71 - 80 of 470 results for "LEI"

Netwealth proposes merger with Praemium

ANNABELLE DICKSON  |  TUESDAY, 2 NOV 2021
Early this morning Netwealth made an unsolicited bid of $785 million to merge with Praemium, but the latter has rejected the move. Netwealth offered one new share for every 11.96 Praemium shares plus a cash consideration following the net proceeds from ...

Link vows to fight class action

KARREN VERGARA  |  WEDNESDAY, 29 SEP 2021
Link Group vowed that it will "vigorously defend" its subsidiary against a class action involving the failed Woodford Equity Income Fund. UK law firm Leigh Day kicked off proceedings against Link Fund Solutions on September 27 on behalf of 100 WEIF ...

Aussies confident about retirement spending: Study

KARREN VERGARA  |  TUESDAY, 28 SEP 2021
Amid the uncertainties of COVID-19, Australians are far more confident about their retirement than global counterparts, a new study shows. Most retired Australians said that they would have retired at the same age even if they had known about the events ...

CBRE Global Investors announces rebrand

ANNABELLE DICKSON  |  THURSDAY, 23 SEP 2021
The US$129 billion global real asset investment firm has changed its name and unified all global sub-brands. CBRE Global Investors is now CBRE Investment Management and includes the rebrand of CBRE Caledon Capital Management, CBRE Clarion Securities ...

Common ownership concerns redundant: AustralianSuper

ANNABELLE DICKSON  |  MONDAY, 20 SEP 2021
The $225 billion industry fund's outgoing chief executive Ian Silk is adamant the fund will never engage actively in common ownership, while also hinting at plans to bring more investing in-house. Appearing at a Standing Committee on Economics hearing ...

Stake sets $3 brokerage for ASX-listed stocks

KANIKA SOOD  |  MONDAY, 13 SEP 2021
Stake, best known for its $0 brokerage on 6000 American stocks and ETFs, will now offer ASX-listed stocks and ETFs for a $3 brokerage fee. The four-year-old firm is currently running the ASX brokerage in beta test version during which the brokerage ...

ASIC urged to act on common ownership

KARREN VERGARA  |  FRIDAY, 10 SEP 2021
Corporate regulator ASIC was slammed for its lack of oversight over common ownership and concentration at a parliamentary committee this morning. The Standing Committee on Economics, which discussed the implications of capital concentration and common ...

Tim Wilson grills NAB on super ownership

ELIZABETH MCARTHUR  |  THURSDAY, 9 SEP 2021
Liberal MP Tim Wilson has grilled National Australia Bank chief executive Ross McEwan on whether super funds have undue influence over Australian banks, as funds own larger portions of the ASX. Wilson asked NAB whether super funds, as shareholders ...

Binance Australia appoints chief executive

ELIZABETH MCARTHUR  |  TUESDAY, 31 AUG 2021
Cryptocurrency exchange Binance has appointed a chief executive for Australia. Leigh Travers, former DigitalX chief executive and director, has joined Binance in the lead role. DigitalX is an ASX listed blockchain technology company, where Travers had ...

UniSuper moves on climate targets

ANNABELLE DICKSON  |  THURSDAY, 19 AUG 2021
The $100 billion superannuation fund is progressing on its commitment to net zero emissions after reducing its exposure to fossil fuels. In latest climate policy update, 40 of UniSuper's top 50 Australian portfolio companies have now set operational ...