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Showing 81 - 90 of 174 results for "WAM"

Financial services' biggest tax bills revealed

ANNABELLE DICKSON  |  FRIDAY, 11 DEC 2020
... UBS Australia ($51 million), Challenger ($46.5 million), J.P. Morgan Australia ($46 million), Perpetual at ($40 million) and WAM Capital ($24 million). Commonwealth Bank had the highest tax payable bill from the big four banks at $3.2 billion, followed ...

Praemium board bungle

ANNABELLE DICKSON  |  MONDAY, 23 NOV 2020
A non-executive director of the platform provider has been forced to step down following an administrative error, while the former Powerwrap chair has been appointed to the board. Claire Willette has stepped down as a non-executive director after her ...

Willis Towers Watson director departs for LIC

ALLY SELBY  |  TUESDAY, 13 OCT 2020
... (previously listed on the ASX under the ticker code BAF) voted overwhelmingly in favour of the investment company joining the WAM stable in early September. WAM Alternative Assets (ASX: WMA) provides Australian retail shareholders access to alternative ...

Praemium to acquire remaining Powerwrap shares

ALLY SELBY  |  MONDAY, 21 SEP 2020
Praemium is set to add to its 92.31% stake in Powerwrap, as it moves to acquire its outstanding shares on issue. Compulsory acquisition notices will be dispatched to Powerwrap shareholders tomorrow, Praemium says, unless they accept the offer by 7.00pm ...

Contango approves new WCM strategy

ALLY SELBY  |  MONDAY, 21 SEP 2020
... shift at an extraordinary general meeting on Friday. It comes after its substantial shareholders, Wilson Asset Management (WAM) and Lanyon Asset Management, both lobbied for an alternative management proposal. CIE said the appointment of WCM, a "top ...

Geoff Wilson feels sorry for CLF shareholders

ANNABELLE DICKSON  |  FRIDAY, 18 SEP 2020
WAM chair Geoff Wilson has said he feels sorry for CLF shareholders after Concentrated Leaders Fund has rejected a takeover bid proposed by WAM Capital. WAM chair Geoff Wilson told Financial Standard : "I actually feel sorry for CLF shareholders as ...

WAM wins Blue Sky bid, appoints directors

ALLY SELBY  |  WEDNESDAY, 9 SEP 2020
... Management stable at an extraordinary general meeting held yesterday afternoon. The investment company's name will be changed to WAM Alternative Assets early next week, listed as WMA on the ASX. WMA will continue to invest in alternative asset classes ...

WAM makes LIC takeover bid

ANNABELLE DICKSON  |  FRIDAY, 4 SEP 2020
... listed investment company Concentrated Leaders Fund (CLF) as a result of its ongoing poor performance and management woes. WAM is offering shareholders two of its shares for 3.7 CLF shares, representing a 15.2% premium to CLF's share price on September ...

WAM names new board member

ALLY SELBY  |  THURSDAY, 3 SEP 2020
Geoff Wilson's WAM Capital has appointed a former Commonwealth Bank chief technology officer to its board, set to help strengthen the investment group's technological capabilities. Matthew Pancino has nabbed the role, however, the appointment remains ...

WAM makes proposition plans public

ALLY SELBY  |  WEDNESDAY, 19 AUG 2020
... share purchase plan to retail investors in the hopes of raising $20 million. The shares were offered at 62.5 cents per share. WAM chair and chief investment officer Geoff Wilson told Financial Standard the directors of the listed company had failed to ...