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Showing 1521 - 1530 of 4871 results for "DIVI"

Investment manager appoints chief executive

KANIKA SOOD  |  WEDNESDAY, 30 JAN 2019
A former NAB associate director of institutional banking has been appointed the chief executive at Melbourne-based IPO Wealth. Ewan Laughlin has about 28 years of experience across institutional banking and corporate finance. In his most recent role ...

QIC signs US investment partnership

KANIKA SOOD  |  TUESDAY, 29 JAN 2019
QIC is investing in a Boston university's parking systems as part of a 50-year partnership, building its American infrastructure presence. QIC Global Infrastructure has formed a new company MasParc and Mobility LLC that will take over the management ...

Australia Day honours recognise industry stalwarts

JAMIE WILLIAMSON  |  TUESDAY, 29 JAN 2019
Several veterans of Australia's financial services industry were recognised over the long weekend in the 2019 Australia Day Honours List. Honoured for their service to the sector, the list features a number of familiar faces, including the chair ...

Labour and housing drive rate sentiment

KANIKA SOOD  |  TUESDAY, 29 JAN 2019
As the Reserve Bank of Australia holds the cash rate at 1.5%, economic conversations are moving from a rise to a cut. AMP Capital chief economist Shane Oliver earlier this month said the RBA could cut to 1% by the end of 2019, with the first rate cut ...

AMP profits nose dive, dividends hit

KANIKA SOOD  |  FRIDAY, 25 JAN 2019
AMP is expecting to report about $30 million in profit attributable to shareholders for FY18, dragging down its final dividend for the year to four cents per share. Providing earnings guidance ahead of its annual results slated for February 14, the ...

Rest launches low-cost indexed options

KARREN VERGARA  |  FRIDAY, 25 JAN 2019
Industry superannuation fund Rest has launched new indexed options that do not charge investment fees. Introduced to Rest members in December 2018, the three new indexed investment choices offer Australian shares, overseas shares or a balanced option ...

Profit downgrade hurts Challenger

KARREN VERGARA  |  THURSDAY, 24 JAN 2019
Challenger shares dropped by 17% overnight after recently appointed chief executive Richard Howes flagged a profit downgrade. Challenger's share price plunged from $9.23 to about $7.65 on the back of lower-than-expected December 2018 half-year results. ...

LICs defy franking credit refund changes

KARREN VERGARA  |  TUESDAY, 22 JAN 2019
Amid the uncertainty surrounding the future of franking credit refunds, two listed investment companies are rewarding shareholders with special dividends. The Australian Foundation Investment Company (AFIC) and Mirrabooka announced they will pay special ...

Advice firm hires from Macquarie Private Wealth

KANIKA SOOD  |  TUESDAY, 22 JAN 2019
A former division director at Macquarie Private Wealth has joined a Melbourne-based boutique wealth management firm. Paul Grifa is joining Steward Wealth as a director, along with his long-standing assistant Kiera Lecher. He joins the firm's two founding ...

No-deal Brexit sparks mixed reaction: Poll

KARREN VERGARA  |  MONDAY, 21 JAN 2019
Financial Standard's latest survey shows the financial services sector is grappling with the effects the upcoming Brexit deal will have on the industry. On the back of UK Prime Minister Theresa May's historic defeat of her proposed exit strategy ...