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Showing 91 - 100 of 2137 results for "Rio"

Industry funds announce $26bn joint venture

KANIKA SOOD  |  WEDNESDAY, 1 MAY 2019
... the Emirates Group awarded Equip a $190 million corporate super mandate, and about two years ago it completed a merger with Rio Tinto staff fund. "We were able to cut down costs from 120 bps to 88 bps for some of those members," Fairley said of the Rio ...

New role for former ClearView executive

HARRISON WORLEY  |  WEDNESDAY, 17 APR 2019
A former head of dealer group services at ClearView Wealth joined a firm helping accountants looking to expand into financial planning. Crescere Partners appointed Andrew O'Riordan as operations manager as the firm grows to meet the increasing demand ...

SMSF darlings revealed

KANIKA SOOD  |  MONDAY, 4 MAR 2019
... investors showing renewed interest in key constituents of the ASX20 and ASX50 stocks," CommSec said. BHP trades rose 12% while RIO trades rose 6% - and more than half (57%) of these were buys. The total traded value for the major banks was down 11% in ...

Ausbil launches dividend income fund

KANIKA SOOD  |  WEDNESDAY, 20 FEB 2019
... outperforming the index," Price said. "The active income last year was higher led by some off-market buybacks by companies such as RIO and then BHP. We expect large levels of special dividends and buybacks to continue into next year as companies distribute ...

Equip wins $190m superannuation mandate

KARREN VERGARA  |  MONDAY, 14 JAN 2019
... Nicholas Vamvakas said winning the trust and confidence of dnata and its employees shortly after completing the merger with the Rio Tinto staff fund is great recognition of the fund's capacity to maintain 'top 10' investment performance while ...

Member outreach boosts post-merger integration

KARREN VERGARA  |  TUESDAY, 1 JAN 2019
... rewarding the $15.2 billion super fund with a significant boost in member confidence. Equip recorded a 10% lift in confidence from Rio Tinto Staff Superannuation Fund members after more than 12 months since the merger was announced. Equip's head ...

Chief economist update: Aussie property market drop becoming self-fulfilling

BENJAMIN ONG  |  TUESDAY, 11 DEC 2018
We got chills, they're multiplying... How could something so good turn out to be so bad? It was all very good just as 2017 was turning into 2018... so good, that financial markets were pencilling in exit strategies from the world's major economies ...

IOOF future uncertain: Morningstar

JAMIE WILLIAMSON  |  MONDAY, 10 DEC 2018
The planned sale of ANZ Wealth to IOOF is under threat as a result of the uncompromising action of APRA. As such, Morningstar has placed the stock IOOF Holdings under review. Morningstar described the action brought against IOOF by APRA as a major hit ...

IOOF appoints acting chief executive, chair

JAMIE WILLIAMSON  |  MONDAY, 10 DEC 2018
IOOF has appointed an acting chief executive and an acting chair, with Chris Kelaher and George Venardos under scrutiny. According to a statement, managing director Kelaher and chair Venardos have agreed to step aside while they await the outcome of ...

APRA takes action against IOOF

HARRISON WORLEY  |  FRIDAY, 7 DEC 2018
APRA is seeking to impose license conditions on IOOF and disqualify several of the firm's executive leaders. In a media release this morning, APRA said it had commenced proceedings in the Federal Court of Australia. It seeks to disqualify five individuals ...