Page 2 - Malcolm Mccomas News Today

Regal shareholders will own two-thirds of the combined business after prolonged negotiations to secure a deal.

VGI Partners quelled media speculation and confirmed that it could potentially merge with another fund manager.

VGI Partners’ shares shot up after the company confirmed it was in preliminary discussions with “a number of parties”.

VGI Partners’ shares shot up after the company confirmed it was in preliminary discussions with “a number of parties”.

VGI Partners’ shares shot up after the company confirmed it was in preliminary discussions with “a number of parties”.

VGI Partners’ shares shot up after the company confirmed it was in preliminary discussions with “a number of parties”.

Shares in VGI Partners, Robert Luciano’s hedge fund, have fallen 70 per cent in two years to a record low.

ASX closes lower as Beach Energy slumps 24pc Save Share Sarah Turner The ASX closed down 0.8 per cent, or 56 points, at 7025.8 on the last trading day of April, pulled down by losses for miners and banks. BHP shares fell 2 per cent, Rio Tinto fell 1.7 per cent and CBA shares dropped 1.1 per cent. Beach Energy shares plunged 24.1 per cent after downgrading its full year forecast. ResMed lost 4.2 per cent after dropping to a quarterly net loss. 4.16PM – Apr 30, 2021 Sarah Turner Abacus Proper...

VGI faces into the fund manager’s dilemma Managing director Rob Luciano needs to better balance stock picking with investor relations, as he battles an activist campaign. He believes a new CEO can help. Updated Save Share Rob Luciano is trying to solve the conundrum he says plagues all modern fund managers. On one hand, the executive chairman of ASX-listed hedge fund VGI Partners says there’s never been a more important time for a fundie to be actively managing their portfolio. â€�...

ASX to drop, global equities retreat Share Australian shares are poised to drop at the open, amid a global retreat in equities amid concerns about renewed COVID-19 infections. ASX futures tumbled 86 points or 1.2 per cent to 6911 near 7am AEST. The currency slid 0.4 per cent. The yield on the US 10-year note fell 5 basis points to 1.56 per cent at 4.59pm in New York. Bitcoin was trading near $US56,675 near 7.20am AEST on bitstamp.net. Wall Street’s main indexes fell for a second straight day ...