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Showing 911 - 920 of 2485 results for "Land"

BOQ acquires ME Bank

ELIZABETH MCARTHUR  |  MONDAY, 22 FEB 2021
Bank of Queensland has acquired industry super-owned ME Bank for $1.325 billion. The move sees BOQ acquire 100% of ME Bank for $1.325 billion cash, funded by an underwritten capital raising of $1.35 billion. The price represents 1.15 times ME's ...

Continuous disclosure laws to stay

KARREN VERGARA  |  WEDNESDAY, 17 FEB 2021
Treasurer Josh Frydenberg flagged that the temporary disclosure laws for public companies relaxed at the height of the coronavirus crisis will be made permanent. In May 2020, the government announced the temporary measures, modifying provisions under ...

To merge or not to merge?

ELIZA BAVIN  |  FRIDAY, 12 FEB 2021
The question around whether being bigger is better was one of the key points of discussion at the Association of Superannuation Funds of Australia conference, with MTAA and Aware Super talking mergers. MTAA Super chief Leeanne Turner said that whilst ...

Aussie super funds and Biden's US infra push

KARREN VERGARA  |  FRIDAY, 12 FEB 2021
... threats". Some of Biden's first executive orders as soon as he came to power were to review oil and gas drilling on federal land, implement new environment regulations, and reverse Trump's previous measures. Biden is also committed to net zero ...

Praemium profit, growth up

ANNABELLE DICKSON  |  WEDNESDAY, 10 FEB 2021
The managed accounts platform has recorded a 113% increase in net profit after tax from the first half of 2020 to $3 million, following the acquisition of Powerwrap. In its half-year results, Praemium reported a 69% jump in funds under administration ...

Super must prioritise cybersecurity risk: Report

KARREN VERGARA  |  MONDAY, 8 FEB 2021
The superannuation industry is not prioritising the threat of cybersecurity risk and lacks the systems and understanding to address such challenges, according to a new report. The survey conducted by The Gateway Network Governance Body (GNGB) and PwC ...

JPMAM unveils sustainable fund

KARREN VERGARA  |  THURSDAY, 4 FEB 2021
J.P. Morgan Asset Management has launched a sustainable fund in Australia following the success of its European strategy. JPMorgan Global Macro Sustainable Fund opened to retail investors on February 1 and comprises a portfolio of long and short positions ...

AMP Capital lags on sustainable inflows

ANNABELLE DICKSON  |  THURSDAY, 4 FEB 2021
The Australasian sustainable funds sector reported a record $1.8 billion of inflows throughout the December quarter but AMP Capital missed out on the rush. Morningstar's latest Sustainable Investing Landscape for Australian Fund Investors revealed AMP ...

Sequoia completes acquisitions

ANNABELLE DICKSON  |  TUESDAY, 2 FEB 2021
Seqouia Financial Group's subsidiary Docs Centre has completed the acquisition of corporate registry firm Panthercorp from Easton Investments and finalised a purchase of assets. The integrated financial services company funded the $1.7 million purchase ...

Future Fund increases cash again

KANIKA SOOD  |  WEDNESDAY, 27 JAN 2021
The $171 billion sovereign wealth fund increased its cash position to 19.8% or about $34 billion, as it reports a positive year for returns ending December. Future Fund returned 1.7% in the year after positive returns in the September and December quarters ...