10/30/2020

African Insurer Old Mutual to Expand Business in China

Old Mutual stuck with the partnership with China Energy Investment Corp., one of the world’s biggest power producers, after resolving ownership issues following a consolidation of the nation’s utilities.

10/30/2020

Ares bids for AMP

While AMP gave no indication of the value of the offer, chief executive of Deep Data Analytics Mathan Somasundaram told Financial Standard it is likely in the realm of around $1.80-$2.00 per share.

10/29/2020

New super benchmarking flawed: Rice Warner

Rice Warner said that while everyone agrees underperforming funds and products either need to be improved or removed from the system, the proposed new means of measuring are not the ideal way to weed them out.

10/29/2020

Link rejects revised offer

The consortium has upped its bid from $5.20 per share to $5.40 (via a scheme of arrangement), which Link was not satisfied with.

10/29/2020

HKEX Welcomes First Hong Kong/Mainland ETF Cross-Listing

Hong Kong Exchanges and Clearing Limited (HKEX) has announced that it has welcomed the first listings of Exchange Traded Funds (ETFs) in Hong Kong and Shenzhen under the Hong Kong-Mainland ETF Cross-listing Scheme, which facilitates cross-listing of ETFs