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

Search Results

Showing 1 - 10 of 1849 results for "BID"

Platinum ends FY24 with $13bn FUM

KARREN VERGARA  |  FRIDAY, 12 JUL 2024
... year, Platinum had $18.1 billion in FUM and made $81 million in after-tax profit. The recent closure of its London office bid farewell to three staff members as well as UCIT funds in the Platinum World Portfolios (PWP), which comprised Platinum's ...

Telstra flags ditching venture capital arm

KARREN VERGARA  |  TUESDAY, 25 JUN 2024
... Michael Ackland said the company is "exploring options to sell our current investments in Telstra Ventures' funds" in a bid to be consistent with its focus on capital discipline and active portfolio management. "The new brand reflects the independent ...

Temasek invests $300m in Betashares

KARREN VERGARA  |  MONDAY, 17 JUN 2024
... exchange-traded fund (ETF) provider. The $38 billion Betashares said it entered into a binding agreement with Temasek in a bid to accelerate its next phase of growth. Betashares founder and chief executive Alex Vynokur said: "Looking ahead, we are focused ...

Super Members Council renews calls for anti-hawking extension

JAMIE WILLIAMSON  |  THURSDAY, 13 JUN 2024
... Last year, the UK government announced it would extend its own anti-hawking provisions to cover all financial services in a bid to curb the rise in consumer losses related to scams. In January 2019, the UK outlawed cold calling in relation to pensions ...

Keybridge Capital cops another loss against WAM

ELIZA BAVIN  |  FRIDAY, 7 JUN 2024
... takeover bids for Keybridge but to no success. Keybridge chief executive Nicholas Bolton alleged WAM transferred the shares in a bid to control the company. In January 2021, the Supreme Court ruled against Keybridge and costs were awarded against the ...

Brookfield bids for majority stake in Neoen

ANDREW MCKEAN  |  FRIDAY, 31 MAY 2024
Brookfield and its institutional partners have lobbed a bid to acquire a 53% majority stake in French renewable energy company Neoen from current owners, including Impala, the investment vehicle of French entrepreneur Jacques Veyrat and his family ...

ANZ dumps remaining stake in AmBank

ANDREW MCKEAN  |  FRIDAY, 31 MAY 2024
ANZ has offloaded its remaining stake in AMMB Holdings (AmBank) in a bid to "simplify the bank." ANZ sold its 5.2% shareholding in AmBank for MYR4.10 (A$1.31) per share. The Malaysian bank is currently trading at MYR4.22 (A$1.35) per share. ANZ chief ...

abrdn global chief executive steps down

KARREN VERGARA  |  MONDAY, 27 MAY 2024
... save $290 million (£150m) by the end of 2025. Last year, abrdn overhauled its local business, terminating five funds in a bid to consolidate its operations followed by key senior staff such as chief executive and managing director of Australia Brett ...

Jim Lamborn retires from JANA

JAMIE WILLIAMSON  |  THURSDAY, 23 MAY 2024
Jim Lamborn has retired from the asset consultant after more than two decades on its leadership team. Lamborn first joined JANA in 2002 as head of implemented consulting. He held this role for more than 13 years, working across business development ...

ISPT to divest $250m in super prime assets

ELIZA BAVIN  |  TUESDAY, 21 MAY 2024
... driving growth in the sector and with forecast stability in debt markets. "With returning competitive tension and narrowing of 'bid to ask' spreads, we are likely to see an even higher levels of transaction volumes in 2024 and beyond."
PREVIOUS
NEXT