Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 951 - 960 of 8993 results for "ASX"

From strength to strength: GQG Partners

ANDREW MCKEAN  |  WEDNESDAY, 18 JAN 2023
... primarily concerned about risk-adjusted returns." The Australian IPO GQG listed a minority stake (20.1%) of the business on the ASX in October 2021. The initial public offering (IPO) price was set at $2 per share, implying a $6 billion valuation. As ...

HUB24 inflows slow amid challenging market dynamics

ANDREW MCKEAN  |  TUESDAY, 17 JAN 2023
... funds platform also saw net inflows of $5.8 billion in 1H FY23, a drop of 13.6% from the previous corresponding period. In an ASX announcement, HUB24 said its inflows were strong in the context of current market dynamics and macroeconomic events. Further ...

Link Fund Solutions hit with further legal action

JAMIE WILLIAMSON  |  TUESDAY, 17 JAN 2023
... out the management function of the Woodford Equity Income Fund," Leigh Day's action states. Acknowledging the action via an ASX statement, Link Group said: "LFS will vigorously defend itself against the proceedings." There is also a third class action ...

BlackRock rethinks fundamental equities, PMs depart

JAMIE WILLIAMSON  |  MONDAY, 16 JAN 2023
... fundamental equities business following a recent review. The business will maintain a core concentrated portfolio benchmarked to the ASX 300 and the new strategy will account for scale and volatility considerations in the best interest of unitholders ...

Australian equities to outperform in 2023: VanEck

CASSANDRA BALDINI  |  FRIDAY, 13 JAN 2023
... equities this year, according to the fund manager. Recent analysis by VanEck shows Australian equities, as represented by the S&P/ASX 200, was one of the best-performing asset classes in 2022. The investment manager explained equities performed well ...

Apex Group acquires admin technology provider

JAMIE WILLIAMSON  |  THURSDAY, 12 JAN 2023
... primarily through acquisitions, including Sanne Group, Modal Group and MMC in the last 12 months alone. It also acquired then ASX-listed administrator Mainstream at the end of 2021. Last year Apex entered Australia's top 10 custody and asset services ...

ETF industry poised for growth: BetaShares

ANDREW MCKEAN  |  THURSDAY, 12 JAN 2023
... that ultimately led to a small drop in the industry's value was unexpected. Meanwhile, the value of ETFs traded on the ASX reached an all-time high; $117 billion was traded compared to $95 billion the year prior. At an issuer level, the ETF industry's ...

Court approves Pendal takeover

JAMIE WILLIAMSON  |  WEDNESDAY, 11 JAN 2023
... following Pendal lodging a copy of the orders with ASIC. As such, Pendal will also request quotation of its shares on the ASX be suspended from close of trading tomorrow. The final terms of the scheme will see Pendal shareholders receive $1.65 cash per ...

GQG reports strong inflows

ANDREW MCKEAN  |  TUESDAY, 10 JAN 2023
... of the funds under management (FUM) it began the year with - it had US$91.2 billion in 2021 and US$88 billion 2022. In an ASX statement, GQG said: "Given global equity market returns, combined with overall industry net outflows in 2022, we are pleased ...

ASIC takes action against more greenwashing

RACHEL ALEMBAKIS  |  TUESDAY, 10 JAN 2023
... to concerns about alleged false or misleading sustainability-related statements made to the Australian Securities Exchange (ASX) between 23 December 2021 and 8 September 2022. ASIC called BME out over statements in three ASX announcements which claimed ...