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Showing 1421 - 1430 of 11508 results for "DIV"

Discover the best performing asset class of 2023: Mercer

ANDREW MCKEAN  |  THURSDAY, 9 MAY 2024
2023 proved to be a great year for investors, with all but one asset class delivering a positive return. International equities (unhedged) led the pack with a positive return of 23.2%, driven by investor enthusiasm for tech and AI-related opportunities. ...

Betashares launches Australian Major Bank Subordinated Debt ETF

ANDREW MCKEAN  |  THURSDAY, 9 MAY 2024
Betashares has introduced the Australian Major Bank Subordinated Debt ETF (ASX: BSUB) on the ASX. This ETF offers exposure to a portfolio of Tier 2 floating rate subordinated bonds issued by the Australian big four banks. To be eligible for inclusion ...

Perpetual seals $2.18bn deal with KKR, chief to retire

ANDREW MCKEAN  |  WEDNESDAY, 8 MAY 2024
Perpetual has agreed to divest its wealth management and corporate trust businesses to Kohlberg Kravis Roberts (KKR) for $2.18 billion, pending shareholder approval. The deal will see the departure of Perpetual chief executive Rob Adams. The net proceeds ...

AMP launches alternative debt fund

ELIZA BAVIN  |  WEDNESDAY, 8 MAY 2024
AMP is launching a new investment solution to provide bespoke access to global private debt investments in developed markets. AMP said the total volume of institutional assets under management allocated to private debt is estimated to be around US$1.7 ...

Magellan bleeds another $1bn

ANDREW MCKEAN  |  TUESDAY, 7 MAY 2024
Magellan Financial Group has seen a drop of $1 billion in funds under management (FUM) in April, according to its latest monthly update on the ASX. Magellan's FUM now stands at $36.3 billion. The fund manager reported that its net flows were flat, consisting ...

Count renews Iress contract

KARREN VERGARA  |  MONDAY, 6 MAY 2024
Count has renewed its contract with Iress to continue to provide software to its 550 financial adviser network. Count's financial advisers will continue to use Iress' Xplan, saying that it wanted to partner with the right provider to support ...

ATO flags key focus areas this tax time

ELIZA BAVIN  |  MONDAY, 6 MAY 2024
The Australian Taxation Office (ATO) has announced it will be taking a close look at three key areas where taxpayers make common mistakes this tax season. Incorrectly claiming work-related expenses, inflation claims for rental properties and failing ...

Janus Henderson acquires NBK Wealth, Tabula Investment Management

ANDREW MCKEAN  |  FRIDAY, 3 MAY 2024
Janus Henderson has acquired the wealth management arm of the National Bank of Kuwait, NBK Wealth, as well as European ETF provider, Tabula Investment Management. The US$353 billion asset manager said in its Q1 2024 results that NBK Wealth's private ...

Macquarie Group profits falls 32% to $3.52bn

ANDREW MCKEAN  |  FRIDAY, 3 MAY 2024
Macquarie Group has reported a net profit of $3.52 billion for the year ending 31 March 2024, a 32% decrease from the previous year. The firm's assets under management increased to $938.3 billion, up 7% from 31 March 2023, but primarily due to favourable ...

Asset managers prioritising product quality: Northern Trust

ANDREW MCKEAN  |  FRIDAY, 3 MAY 2024
Investment managers are focused on the quality and accuracy of their products to enhance the investor experience and growing their distribution in the next two years, according to a recent survey of 300 global asset management firms conducted by WBR ...