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Showing 121 - 130 of 693 results for "Financials"

Asset manager shutters two funds

KARREN VERGARA  |  MONDAY, 5 NOV 2018
... S&P/ASX 200 Accumulation Index. Investors with a minimum $2000 could invest in the fund that allocated proceeds mainly in financials, materials and energy stocks. The latest fund update showed ANZ, NAB, Woodside, Westpac, Iluka Resources, Wesfarmers ...

JPMorgan fund excludes tobacco, cuts fees

DARREN SNYDER  |  TUESDAY, 21 AUG 2018
... fund to be positioned with slightly lower equity exposure. In equities the fund no longer holds a long position on financials although it still maintains exposure to Chinese banks. This article was updated at 4pm on 21/08/18.

ARCO takes a net short on Australian financials

KANIKA SOOD  |  WEDNESDAY, 1 AUG 2018
... ARCO fund manager George Colman says the absolute return fund has taken a "modest" net short position on Australian financials, as he sees regulatory developments compounding the spike in wholesale funding costs and credit cycle risks. Regional banks ...

Airlie backs financials but wary on banks

DARREN SNYDER  |  THURSDAY, 26 JUL 2018
... could hamper it," Williams said. This said, about one-quarter (23%) of the fund's concentrated portfolio is in financials - it is about six stocks in a fund which currently manages 26 active investments. Three of its top 10 investment ideas over ...

CBA settles with AUSTRAC for $700m

JAMIE WILLIAMSON  |  MONDAY, 4 JUN 2018
... Federal Court, it will represent "the largest ever penalty in Australian corporate history", according to AUSTRAC. In its financials for the half year ending 31 December 2017, CBA provided for an estimated penalty of $375 million. The bank has also admitted ...

T. Rowe Price appoints head of research

KANIKA SOOD  |  WEDNESDAY, 23 MAY 2018
... held $29.2 million and returned 8.15% over three years annualised, as at April 30. Its largest sector holding is in financials (30.96%). It was overweight IT by 6.33% and underweight real estate and materials. "We expect that investors seeking risk adjusted ...

Yarra Capital executive joins AUI board

KANIKA SOOD  |  TUESDAY, 17 APR 2018
... with the aim of achieving income and capital appreciation over the longer term. About 40% of its investments were in financials and insurance, as at June 2017. It is invested in the big four banks: CBA (8%), ANZ (7%), WestPac (6%) and NAB (6%). AUI added ...

WHSP appoints new chief financial officer

KANIKA SOOD  |  MONDAY, 16 APR 2018
... which was created following the Hunter Hall merger last year, drove Washington H. Soul Pattinson's 1H18 portfolio of financials up 43.3%. Pengana delivered a $1.9 million contribution to WHSP's net profit during the period. WHSP is Pengana's biggest ...

Antipodes expands investment team, creates active ETF

DARREN SNYDER  |  THURSDAY, 5 APR 2018
... Magellan Financial Group. Also joining the team as an investment analyst is Vinayak Muralidharan. He will cover the global financials and infrastructure sectors. Before joining Antipodes, Muralidharan spent seven years with Magellan as an equities analyst ...

Tech selloff builds cash pile at Pengana

KANIKA SOOD  |  THURSDAY, 5 APR 2018
... Flow Traders which thrives on market volatility. The only no-go zone as Pengana looks for tech stock replacements is financials with lower than a $5 billion market capitalisation. "[There's] not enough cash on their balance sheets in case something goes ...