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Showing 71 - 80 of 201 results for "strategic review"

Arowana winds up LIC

KARREN VERGARA  |  THURSDAY, 7 JAN 2021
... of underperformance. The listed investment vehicle flagged in April 2020 that it was "engaging in a detailed strategic review" because of the adverse impact of COVID-19. It had a market capitalisation of $21.8 million at yesterday's close. At the ...

Hostplus axes manager

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 DEC 2020
... since January 2003. But, in a notice to members, the $50 billion industry fund advised that following a recent strategic review of its investment portfolio and investment managers, Hostplus has decided to close the Balanced Equity Management - Australian ...

Kiwi firm rejects AustralianSuper takeover bid

KARREN VERGARA  |  WEDNESDAY, 9 DEC 2020
... platforms." "We expect some of the additional value to be demonstrated in the near term with the recently announced strategic review of Tilt Renewables, which will continue, and ongoing appreciation of the value of CDC Data Centres." IFT owns 48% of ...

AMP valued at $1.85 per share

ELIZA BAVIN  |  MONDAY, 2 NOV 2020
... Ares has made a confidential non-binding indicative proposal to AMP consistent with its previously announces strategic review process. Any potential transaction would be subject to a variety of conditions and structural considerations, including extensive ...

HUB24 to acquire Xplore, offloads Paragem

ELIZA BAVIN  |  WEDNESDAY, 28 OCT 2020
... Easton shares. Following a share buyback, HUB24 will own 40% of Easton. Easton said it has been conducting a strategic review for the last 12 months to identify a transaction that would transform the business' earnings and growth potential, engaging ...

BT head of platforms departs

JAMIE WILLIAMSON  |  WEDNESDAY, 7 OCT 2020
... including serving close to a decade with BT. Kotsopoulos' departure comes at a time when BT is undertaking a strategic review of a number of business divisions, including its platforms business. Financial Standard profiled Kotsopoulos earlier this year ...

Benchmark-lagging LIC faces strategic review

ALLY SELBY  |  TUESDAY, 6 OCT 2020
A listed investment company with a 33-year history has announced its board will now undertake a strategic review of the fund's structure and operations, after an extended period of poor returns. The Templeton Global Growth Fund (ASX: TGG) returned -11.38% ...

Credit Suisse names preferred investment options

ELIZA BAVIN  |  TUESDAY, 8 SEP 2020
... cases underpinning IFL and AMP will take time to play out - although AMP's may have been brought forward with its strategic review and IFL's pushed out with a longer pathway to scale with the MLC acquisition," the report reads. "We expect HUB24 and Netwealth ...

Winton fund looks to change fee structure

KANIKA SOOD  |  MONDAY, 7 SEP 2020
... contingent on unitholder approval scheduled for September 24. It said the fee changes are a part of a broader strategic review of the fund aimed at increasing the investment opportunity set and allowing it to access more of Winton's latest research and ...

Westpac offloads vendor finance business

ALLY SELBY  |  FRIDAY, 21 AUG 2020
... vendor finance business to a New York-headquartered private equity firm, in the first sale from the bank's strategic review stable. Cerberus Capital Management has acquired Westpac's Strategic Alliances, with the equipment financing business ...