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Showing 1821 - 1830 of 3561 results for "October 30"

BKI makes $4.2m acquisition

ALEX BURKE  |  TUESDAY, 11 OCT 2016
BKI Investment Company is acquiring an unlisted investment company for $4.2 million. In an ASX statement, BKI's board said the acquisition will "benefit existing BKI shareholders by increasing the size of BKI's portfolio in a cost-effective manner." ...

Slow, slower, slowing

BENJAMIN ONG  |  MONDAY, 10 OCT 2016
... report, this month it's been lowered a tad to 3.1%. And true to form, the IMF is again forecasting a better tomorrow this October - 3.4% next year. But I did not come to bury the IMF's forecasting "prowess" - for no one can claim perfect foresight -- ...

LGIAsuper chair steps down

ALEX BURKE  |  FRIDAY, 7 OCT 2016
LGIAsuper's chair has announced her retirement from the $10 billion superannuation fund. Bronwyn Morris will step down from the position when her three-year term ends on November 30. She has served as chair since October 2014, during which she "led ...

BlackRock slashes iShares ETF fees

ALEX BURKE  |  FRIDAY, 7 OCT 2016
BlackRock has reduced management fees across its US iShares Core exchange-traded fund suite, which includes three products listed on the ASX. The three ASX-listed ETFs are the iShares S&P 500 ETF, the iShares S&P Mid-Cap ETF and the iShares S&P Small-Cap ...

New director at QIC

DARREN SNYDER  |  WEDNESDAY, 5 OCT 2016
Institutional fund manager QIC is welcoming a new director this month. Joining the QIC board for a three-year term is Simone Desmarchelier. She has more than 20 years' experience as an independent adviser in Australia and Europe, specialising in investment ...

IOOF chair to retire, director appointed

KERRIE SYDEE  |  TUESDAY, 4 OCT 2016
IOOF has revealed its chair will retire at the company's annual general meeting in November and has appointed a new non-executive director. Dr Roger Sexton will retire from the IOOF board having spent 15 years as a director of IOOF and four years as ...

Vanguard reduces MERs on five funds

ALEX BURKE  |  TUESDAY, 4 OCT 2016
Vanguard has lowered the management expense ratios on five of its Australian funds. The fee reductions apply to the Vanguard Australian Shares High Yield Fund (from 0.4% p.a. to 0.38%), Vanguard Australian Property Securities Index Fund (0.24% to 0.23%) ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 4 OCT 2016
Australia private sector credit Reserve Bank of Australia (RBA) figures showed that the annual growth in private sector credit slowed from 6.0% in July to 5.8% in August - the slowest rate since October 2014. Except for the bumps in December 2015 and ...

MDAs overhauled by new regulations

JAMIE WILLIAMSON  |  FRIDAY, 30 SEP 2016
The operation of limited MDAs is to be terminated under new, long-awaited regulatory reforms released by ASIC yesterday. The regulator has made amendments to Regulatory Guide 179, the most significant being the removal of the regulated platform no-action ...

NAB pays $6.5m to resolve advice complaints

KERRIE SYDEE  |  WEDNESDAY, 28 SEP 2016
National Australia Bank revealed it has paid a total of $6.5 million to 251 customers since February 2015 after settling their claims for compensation. In an update on its financial advice response initiative, NAB said the uplift in payments to customers ...