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Showing 1681 - 1690 of 8993 results for "ASX"

Lazard dumps AMP shares

ELIZABETH MCARTHUR  |  TUESDAY, 4 AUG 2020
In a notice to the ASX, AMP said Lazard Asset Management has ceased being a substantial holder in the company. On June 30, Lazard sold more than 17 million shares in AMP worth over $29 million. In Lazard's June fund updates, AMP was among the top five ...

SelfWealth awards brokerage mandate

ALLY SELBY  |  TUESDAY, 4 AUG 2020
ASX-listed trading platform SelfWealth has renewed its clearing, settlement and execution (CS&E) mandate with retail broker OpenMarkets, in a move that it says demonstrates the two fintech's shared objective of disrupting the status quo. The agreement ...

GQG Partners wins $20m mandate

KANIKA SOOD  |  MONDAY, 3 AUG 2020
... rating, as at June 15. Both funds are also "highly rated" at Lonsec in reviews earlier this year. GQG is the biggest boutique at ASX-listed multi-boutique Pacific Current Group, representing $64.7 billion of PAC's total $93.3 billion funds under ...

First State Super, CEFC back new bond

ELIZABETH MCARTHUR  |  MONDAY, 3 AUG 2020
... Australian companies leading the emissions transition," CEFC chief executive Ian Learmonth said. "With the companies on the ASX 300 responsible for an estimated 40% of national emissions, there is clear potential for them to make a substantial contribution ...

AMP, BT and CBA to face class action

ELIZABETH MCARTHUR  |  FRIDAY, 31 JUL 2020
... their advisers act in the best interests of clients and take these obligations seriously," AMP said in a statement to the ASX. "AMPFP and Hillross will defend the proceedings." Proceedings have also commenced against AMP Life Limited. Shine is alleging ...

Wealth manager takes massive profit hit

ELIZA BAVIN  |  FRIDAY, 31 JUL 2020
... 50% profit hit compared to the same period last year. AMP provided an update on its 2020 interim operating earnings to the ASX, citing the impact from market volatility and economic disruption due to COVID-19. The wealth manager reported an underlying ...

Pinnacle puts zero-fee ETF experiment to bed

KANIKA SOOD  |  THURSDAY, 30 JUL 2020
... the fund after struggling to attract investors. Pinnacle's listed the aShares Dynamic Cash Fund (Managed Fund) on the ASX in late August, 2019. It was managed by Omega Global Investors. Listed under the ticker Z3RO, it was the first ETF in Australia ...

CBA ups remediation bill for advice

ELIZA BAVIN  |  THURSDAY, 30 JUL 2020
... fee population, and updates to the remediation methodology and estimated refund rate," the bank said in a statement to the ASX. "CBA has therefore recognised in operation expenses additional pre-tax customer remediation provisions of $300 million across ...

Banks ordered to reduce dividend payout ratios

KANIKA SOOD  |  WEDNESDAY, 29 JUL 2020
... consider deferring dividend decisions until COVI-19's impact was clearer. On April 16, UBS estimated total dividends from ASX-listed companies could fall from over $70 billion to $50.7 billion. Updating its capital management guidance for the segment ...

Momentum, quality outperform in 2020: S&P

ALLY SELBY  |  WEDNESDAY, 29 JUL 2020
... the factor attribution, both the style factor exposures and stock-specific risk positively affected the return of the S&P/ASX 200 Low Volatility Index," she said. "However, the strong industry bias to REITs (one of the worst-performing industries during ...