Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1181 - 1190 of 4870 results for "DIVI"

New global funds added to HUB24, Netwealth

ELIZA BAVIN  |  THURSDAY, 23 JUL 2020
Neuberger Berman has had two of its global strategy funds added to both HUB24 and Netwealth platforms. The Neuberger Berman Emerging Markets Equity Select Fund and Neuberger Berman Strategic Income Fund were launched in Australia 12 months ago, with ...

No returns in sight for AAP investors

ALLY SELBY  |  TUESDAY, 21 JUL 2020
The consortium that saved Australian Associated Press' newswire will get no return on their investment, with contributors donating anywhere between $3000 and $1 million at the close of the financial year. Led by impact investor Nick Harrington and philanthropist ...

Charter Hall makes $214m warehouse play

ALLY SELBY  |  FRIDAY, 17 JUL 2020
The $40 billion property investment manager has acquired three warehouses from Owens-Illinois Australia (OIA), setting Charter Hall back $214 million for the investment. A Sydney-based glass manufacturing facility and warehouse, located at 130-170 Andrews ...

Saxo Markets adds options to platform

ALLY SELBY  |  FRIDAY, 17 JUL 2020
Multi-asset trading and investment platform provider Saxo Markets has added exchange traded options to its platform, giving clients the ability to gain exposure to the ASX without having to purchase shares directly. Options allow investors to hedge ...

Aussie banks set to underperform

ALLY SELBY  |  THURSDAY, 16 JUL 2020
Australia's financial services sector, particularly the big four banks, are set to underperform over the coming months, with mounting business and home loan deferrals to blame. That's according to T. Rowe Price head of Australian equities Randal ...

GMO acquires Japanese equity manager

ALLY SELBY  |  THURSDAY, 16 JUL 2020
Global investment firm GMO has acquired a Japanese investment advisory firm and nabbed two senior executives from PGIM's quantitative investment manager QMA. GMO has acquired Usonian Investments, a value-orientated Japanese equity manager. "Usonian ...

Banks brace for major loan losses

ALLY SELBY  |  WEDNESDAY, 15 JUL 2020
Three of the United States' biggest banks have set aside approximately $40 billion (US$28 billion) to brace for COVID-19 related loan losses, as Wells Fargo posts its first quarterly loss since the Global Financial Crisis. Citigroup saw its net income ...

ME Bank chief resigns

ELIZABETH MCARTHUR  |  TUESDAY, 14 JUL 2020
ME Bank chief executive Jamie McPhee has resigned after weathering scrutiny over the bank's adjusting of redraw facilities for mortgage customers and its relationship with the industry funds that own it. McPhee, who has been chief executive for ...

Pengana sales manager departs for Sunshine State

ALLY SELBY  |  THURSDAY, 9 JUL 2020
Pengana Capital's national sales manager for private banking and wealth has left the firm after more than five years, setting his eyes on a new life in sunny Queensland. Alex Keen joined Pengana in June 2015 as a regional distribution manager for ...

New partner at Stanford Brown

ALLY SELBY  |  THURSDAY, 9 JUL 2020
Advice firm Stanford Brown has appointed a new partner with over two decades of experience. Todd Stanford has nabbed the promotion, after just over one year with the firm. Stanford Brown chief executive Jonathan Hoyle congratulated Stanford on his promotion. ...