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Showing 1511 - 1520 of 5754 results for "Small"

ANZ posts profit, announces dividend

ELIZA BAVIN  |  WEDNESDAY, 19 AUG 2020
... collective provision charge of $236 million as we strengthened credit reserves, in particular for deferral packages and out small business customers," ANZ said. Elliott said he is hopeful many of those who have asked for deferrals will get back on their ...

ACSRF, NGS Super explore merger

KANIKA SOOD  |  TUESDAY, 18 AUG 2020
The two industry funds have signed a memorandum of understanding and will begin due diligence to explore a merger that could create a $21.5 billion superannuation fund. The $9.5 billion Australian Catholic Superannuation and Retirement Fund and the ...

Cash earnings fall, MLC sale pending: NAB

ALLY SELBY  |  FRIDAY, 14 AUG 2020
... deteriorating retail asset quality and re-ratings across non-retail exposures, combined with higher specific charges relating to a small number of single name exposures." The ratio of collective provisions to credit risk weighted assets lifted by 7 bps ...

Top performing Aussie equity funds unveiled

ANNABELLE DICKSON  |  FRIDAY, 14 AUG 2020
... was followed by Hyperion Australian Growth Companies at 12.5% and Bennelong Australian Equities Fund at 12.1%. From the small cap sector, Lake House Small Companies Fund returned 23.5% per annum over three years against the ASX 200 Small Ordinaries index ...

SME insolvencies set to increase

ANNABELLE DICKSON  |  WEDNESDAY, 12 AUG 2020
The signs of resilience from small to medium enterprises (SMEs) may be short lived when government support starts to taper off leading to higher numbers of insolvencies, according to CreditorWatch. The number of SMEs defaulting on payments fell by 13.2% ...

Wasatch adds APAC distribution lead

ANNABELLE DICKSON  |  WEDNESDAY, 12 AUG 2020
... strategically important Asia-Pacific region." The firm has AU$33.2 billion in assets under management and mainly invests in US small caps but has moved its process to identifying high quality growth businesses around the world. Wasatch also offers concentrated ...

Global manager launches China A-shares fund

KANIKA SOOD  |  TUESDAY, 11 AUG 2020
... benchmark's -1.4%. Ninety One head of institutional for Asia Pacific and Middle East Justin Cowper said the fund will have a small to mid-cap bias, as it looks to hone in on opportunities usually missed by other managers in Chinese stocks. However ...

Impact investing seeks to address racial inequality

ELIZABETH MCARTHUR  |  TUESDAY, 11 AUG 2020
A new initiative in the US, with $4 million in backing from J.P. Morgan Chase, has seen a small business lender and an impact investor come together to address racial inequality. CDC Small Business Finance and Capital Impact Partners, which describes ...

Boutique launches multi-asset fund

KANIKA SOOD  |  MONDAY, 10 AUG 2020
... which about $1.75 billion in Australian equities managed by a team based out of Sydney. In Australia, it launched an Aussie small/mid caps fund called Milford Dynamic Fund last October (it has since raised $21.2 million), and the Milford Australian Absolute ...

Sydney Aussie equities manager trims fees

KANIKA SOOD  |  MONDAY, 10 AUG 2020
... roughly $300 million large cap portfolio and the $1 billion plus LIC BKI Investment Company. The new fund holds 20-40 mid and small caps and is managed by Will Culbert and Tom Millner. The fee cut comes as it receives its first rating, from Lonsec as ...