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Showing 1 - 10 of 2931 results for %22ASX Group%22

Magellan bleeds another $1bn

ANDREW MCKEAN  |  TUESDAY, 7 MAY 2024
... Group has seen a drop of $1 billion in funds under management (FUM) in April, according to its latest monthly update on the ASX. Magellan's FUM now stands at $36.3 billion. The fund manager reported that its net flows were flat, consisting of net retail ...

Link shareholders approve takeover

ELIZA BAVIN  |  FRIDAY, 26 APR 2024
... once granted the acquisition should be complete in May 2024. Link said on May 1 shares will be suspended on trading on the ASX and Link Group shareholders will have their shares purchased on May 14. Link chief executive Vivek Bhatia said joining forces ...

Fund managers nervously await 'golden visa' reforms

KARREN VERGARA  |  WEDNESDAY, 24 APR 2024
... program," the FSC said. Di Mattina points out that the timing of these proposed SIV changes is particularly concerning. "The ASX emerging companies sector faces difficulties, with record-low IPOs and institutional placements. Many venture capital companies ...

MSC Certane wins Suncorp mandate

ELIZA BAVIN  |  TUESDAY, 23 APR 2024
... successful $360 million notes offer. The unsecured notes will be listed and tradeable on the Australian Securities Exchange (ASX) from 15 May 2024 (ASX: SUNPJ). As the trustee for the notes offer, MSC Group was appointed under the Corporations Act to ...

Adviser numbers plateau

KARREN VERGARA  |  THURSDAY, 18 APR 2024
... recently announced their merger. Last year, major mergers and acquisitions included Insignia Financial selling Millennium3 to ASX-listed WT Financial Group (WTL) with a total of 75 practices transitioning. Count finalised its takeover of Diverger last ...

Count completes Solutions Centric deal, reconsiders another

JAMIE WILLIAMSON  |  TUESDAY, 9 APR 2024
... expected to close at the end of March. Count said it did not complete "due to non-satisfaction of the conditions precedent." The ASX-listed accounting and advice group said it is now considering its options. "Count continues to have discussions with ...

Forager schedules LIT delisting

KARREN VERGARA  |  MONDAY, 8 APR 2024
The Forager Australian Shares Fund (FOR) is set to delist from the ASX after facing continuous limited liquidity issues and persistently trading below its net asset value. The listed investment trust (LIT) is set to delist on June 14, with trades suspending ...

Income AM bolsters sales function

ELIZABETH FRY  |  FRIDAY, 5 APR 2024
ASX-listed bond broking firm Income Asset Management has hired a team of fixed income specialists from rival FIIG Securities. The six recruits will report to IAM's head of sales for capital markets Jenna Labib. The appointments come one year after ...

Court delays DASS class action settlement approval

KARREN VERGARA  |  FRIDAY, 5 APR 2024
... approval hearing to April 17 to allow the applicant to provide further information to the court," E&P Financial Group told the ASX. E&P did not provide more details about the type of information Justice Thawley was seeking. DASS went into voluntary administration ...

Citi scores $13bn custody, admin mandate

JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2024
Citi Securities Services added an ASX-listed investment manager and advice group to its client book. Citi is now custodian, fund administration and registry services provider for Fiducian Group, having completed the migration of over 1300 assets, thousands ...
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