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Showing 1031 - 1040 of 2403 results for "Mater"

YBR in trading halt, flags loss

KARREN VERGARA  |  MONDAY, 4 MAR 2019
Yellow Brick Road has been suspended from trading for failing to lodge its half-year report. YBR told the market on Friday it will incur a statutory after-tax loss for the six months to 31 December 2018. The results include a material non-cash impairment ...

Freedom Insurance misses reporting deadline

KARREN VERGARA  |  FRIDAY, 1 MAR 2019
Freedom Insurance Group has failed to file FY19 interim results and its shares remain suspended. The embattled firm provided an update on its financial position to the ASX overnight, stating it is "unable to provide an accurate estimate of when the ...

New fund to invest in low-carbon Aussie stocks

KANIKA SOOD  |  FRIDAY, 1 MAR 2019
A global manager has launched a new fund to invest in ASX-listed companies that have a lower exposure to carbon emissions and fossil fuel companies. The Russell Investments Low Carbon Australian Shares Fund will use the S&P/ASX 300 Accumulation Index ...

New ASX governance principles target culture

KARREN VERGARA  |  THURSDAY, 28 FEB 2019
The ASX and its new corporate governance principles unveiled overnight are taking a leaf out of Commissioner Kenneth Hayne's final recommendations. The fourth iteration of the ASX Corporate Governance Council's principles and recommendations ...

Global manager launches ESG strategy

KANIKA SOOD  |  WEDNESDAY, 27 FEB 2019
A global manager has launched a new strategy for that will invest in listed companies poised to benefit from the trend towards decarbonisation. Investec Asset Management's Global Environment Strategy aims to identify the businesses whose products ...

Grandfathered commissions ban splits industry: Poll

KARREN VERGARA  |  MONDAY, 25 FEB 2019
The proposed removal of grandfathered commissions will have opposing effects on revenue, latest poll results show. More than half (53%) surveyed by Financial Standard last week said the removal of grandfathering arrangements will have minimal to no ...

ASIC finalises EU with HSBC

KARREN VERGARA  |  FRIDAY, 22 FEB 2019
ASIC has completed an enforceable undertaking with HSBC Bank Australia and is satisfied the bank met all requirements. HSBC entered the court enforceable undertaking with ASIC on 13 May 2016. The regulator was concerned HSBC provided "potentially deficient ...

Magellan eyes retirement income products

KARREN VERGARA  |  FRIDAY, 15 FEB 2019
Magellan flagged several new product launches in announcing its interim results, and one will be directed at retirement income. Presenting the group's half-year results to December 2018, chief executive Brett Cairns told investors the fund manager is ...

Canadian pension fund manager dumps Blue Sky

JAMIE WILLIAMSON  |  THURSDAY, 14 FEB 2019
The strategic partnership between Blue Sky Alternative Investments and a $170 billion Canadian pension fund investment manager has been terminated. Blue Sky Water Partners has worked with Canada's Public Sector Pension Investment Board (PSP Investments) ...

Ideas give insight to opportunity: Vanguard

HARRISON WORLEY  |  TUESDAY, 12 FEB 2019
A recession might happen, eventually. But if it does growth might not be far off either, according to Vanguard. Speaking today at the Sydney leg of the fund manager's financial adviser roadshow, Vanguard global chief economist and global head of investment ...