Australian Active Fund Managers are struggling, make no mistake. Hitting home the point yesterday were reports that Ox Capital Management — a boutique emerging markets specialist led by veteran investor…
Perpetual moves closer to a simpler business
Perpetual (ASX: PPT) shares rose 1.79% to A$16.53 on Monday after the company confirmed a binding deal to sell its Wealth Management business…
Mergers and acquisitions on the ASX happen all the time. From the perspective of the company being bought out, they will often be content with the cash, but may occasionally…