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Showing 1511 - 1520 of 11508 results for "DIV"

Australian Retirement Trust announces new investment strategy and options

ELIZA BAVIN  |  FRIDAY, 15 MAR 2024
Australian Retirement Trust (ART) has announced a range of changes to its investment strategy and options. ART chief of retirement, Kathy Vincent, said the fund engaged its members, advisers and employers to co-design the new investment menu. "When ...

AMP upgrades North investment platform

ANDREW MCKEAN  |  THURSDAY, 14 MAR 2024
AMP's North wrap platform has introduced a feature that enables financial advisers to select investments by entering a client's target portfolio weightings. The investment switch functionality is designed to better align with how advisers construct ...

Sexism in the City: UK financial sector slammed

JAMIE WILLIAMSON  |  WEDNESDAY, 13 MAR 2024
The "shocking" prevalence of sexism and misogyny in the UK's financial services sector has led a government committee to recommend a raft of reforms. On International Women's Day, the UK government's Treasury Committee released Sexism in ...

Global dividends reached record high in 2023

ELIZA BAVIN  |  WEDNESDAY, 13 MAR 2024
The latest Global Dividend Index by Janus Henderson Investors revealed global dividends experienced an uptick of 5% on an underlying basis, reaching a record of US$1.66 trillion in 2023. The report revealed the year closed on a particularly positive ...

Philip Lowe joins LIC board

KARREN VERGARA  |  TUESDAY, 12 MAR 2024
Philip Lowe announced his first move since leaving the Reserve Bank of Australia (RBA), joining the board of listed investment company Future Generation Australia (ASX: FGX). Lowe takes over from Mike Baird effective today, who will remain on the FGX ...

Managed account FUM closes in on $200bn milestone

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2024
According to the latest figures, there is now about $195 billion held in managed accounts - up $33 billion in the six months to December end. The IMAP Census of Managed Accounts FUM shows the total grew by some 20.47% in the six-month period to hit ...

Pendal shutters costly equity fund

KARREN VERGARA  |  MONDAY, 11 MAR 2024
Pendal is terminating one of its funds, saying that it was too expensive to operate, 11 years on from its launch. The Pendal Geared Imputation Fund will cease to exist on March 26, the fund manager told investors, as its "small size means that it has ...

Government consults on options to improve performance test

ANDREW MCKEAN  |  MONDAY, 11 MAR 2024
The government is seeking feedback on alternative superannuation performance test designs after criticism about unintended investment consequences. In considering potential reform options, the primary focus is on improving member outcomes through an ...

ASX-listed companies flock to private markets

ANDREW MCKEAN  |  FRIDAY, 8 MAR 2024
The latest ASX monthly activity report shows a trend of more delistings than new market entries, indicative of a shift towards private markets. The total ASX-listed companies dropped from 2289 in February last year to 2183 in February 2024, a near 1% ...

Female fund managers boast 1.2% alpha

KARREN VERGARA  |  FRIDAY, 8 MAR 2024
Female fund managers generate 1.2% alpha on average compared to the broader population, a new analysis from Morningstar shows. The assessment of 62 portfolio management teams led by women were able to achieve 0.89% in alpha annualised over five years ...