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Showing 81 - 90 of 509 results for "Public Offer"

Corporate, industry fund merge

JAMIE WILLIAMSON  |  FRIDAY, 4 OCT 2019
... three-year return for MySuper offerings to December 2018 was 5.8%. Equip is currently operating under an extended public offer (EPO) licence after entering a joint venture with Catholic Super.

Super fund cuts fees

HARRISON WORLEY  |  TUESDAY, 1 OCT 2019
... generated by opening beyond only energy sector workers. It's been more than eight years since Energy Super became a public offer fund, following the 2011 merger of ESI Super and SPEC Super. Then, it was worth $3.6 billion and served around 45,000 members. ...

Statewide still keen on mergers

KANIKA SOOD  |  MONDAY, 9 SEP 2019
... fund transfer. "The structure of how you execute a merger [whether it is a successor fund transfer or an extended public offer] is decided as you execute a merger, as you go through the due diligence process and sound each other out," Eastwood said. ...

Buyback ensures Aussie ownership

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 SEP 2019
Following a buyback of eight million shares, Moelis Australia will cease to be regarded as a foreign corporation. Moelis Australia bought back the shares from Moelis & Company (M&C) via a selective buyback at $3.40 a share. The move sees M&C's interest ...

Mainstream shelves super admin business

KARREN VERGARA  |  TUESDAY, 20 AUG 2019
... providing superannuation administration services to industry and corporate funds to focus instead on growing its public offer super fund. The ASX-listed firm announced today the super admin business will be swallowed up into its fund administration division ...

Super fund launches adviser portal

ELIZABETH MCARTHUR  |  TUESDAY, 20 AUG 2019
... platform for advisers supported by the fund's Relationship Management Team. WA Super is the only not for profit, public offer super fund based in Western Australia and it says relationships with local advisers are an essential part of the fund's ...

Magellan posts bumper profits, raising $275m

KANIKA SOOD  |  TUESDAY, 13 AUG 2019
... semi-annually. The offer is expected to open on August 21 and will include a priority offer, a wholesale offer and a general public offer. Magellan is not appointing a broker syndicate for the raise. It will also cover the IPO costs through MFG. "We ...

Former financial adviser charged

HARRISON WORLEY  |  TUESDAY, 13 AUG 2019
A former financial adviser who was banned from providing financial services by ASIC in 2018 has been charged with five counts of dishonest conduct. Mark Damion Kawecki has been charged for allegedly using false or misleading information in applications ...

Industry funds announce $26bn joint venture

KANIKA SOOD  |  WEDNESDAY, 1 MAY 2019
... benefits for members with more scale." To this end, about three and a half years ago, Equip applied for an extended public offer license to the Australian Prudential Regulatory Authority. The EPO license, which is central to the joint venture with $9.7 ...

Boutique fund manager launches LIT

KARREN VERGARA  |  MONDAY, 29 APR 2019
... entities will be investing over $20 million into the fund. Equity Trustee acts as the responsible entity. The initial public offer opens today and Regal expects the LIT to trade on the ASX on 17 June 2019. In terms of costs, management fees sit at 1.50% ...