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Showing 171 - 180 of 510 results for "ASX/S"

CIMIC in $1.8b writedown

ELIZA BAVIN  |  FRIDAY, 24 JAN 2020
The country's largest construction company has reported a loss of $1.8 billion, blaming tough market conditions in the Middle East. CIMIC announced the writedown in a submission on the ASX saying the decision to exit the Middle East market came after ...

Aberdeen Standard, HUB24 partner

KANIKA SOOD  |  TUESDAY, 21 JAN 2020
Aberdeen Standard Investments is set to launch retirement income products, managed portfolios and a "bionic" advice solution for advisers and employers in partnership with HUB24. The new set of "bionic" advice solutions will kick off with a tool for ...

Super fund appoints deputy investments chief

KANIKA SOOD  |  WEDNESDAY, 15 JAN 2020
A $1.6 billion superannuation fund has hired from Papua New Guinea's national superannuation fund to appoint its new deputy chief investment officer. David Brown joined Christian Super as its deputy chief investment officer this month. In his most recent ...

Former Challenger executive joins ASX board

ELIZABETH MCARTHUR  |  MONDAY, 6 JAN 2020
The ASX has announced the appointment of a new non-executive director. Robert Woods joins the board with effect from 1 January 2020 and will stand for election at the ASX's general meeting at the end of September this year. "The Board and I are ...

Industry veteran arrested

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 DEC 2019
A high-profile financial services veteran was arrested at Sydney airport this morning. Sir Ron Brierley was arrested and charged this morning after allegedly being found in possession of child abuse material. After a search of carry-on luggage, the ...

Boutique portfolio manager to retire

KANIKA SOOD  |  FRIDAY, 22 NOV 2019
A Sydney small caps boutique has appointed a new co-portfolio manager, as its founder and chief investment officer announces his retirement plans. Frank Villante will retire from Celeste Funds Management in November 2021. As a result, Celeste is promoting ...

FIIG makes first impact investing play

HARRISON WORLEY  |  MONDAY, 11 NOV 2019
Specialist fixed income house FIIG Securities partnered with the microfinance arm of World Vision to launch its first impact investing product in Australia. FIIG Securities and VisionFund International launched an impact bond to the Australian market ...

ASX updates listing rules

ELIZA BAVIN  |  FRIDAY, 11 OCT 2019
The Australian Securities Exchange has updated its listing rules, boosting its ability to crack down on rule breakers. ASX chief compliance officer Kevin Lewis said the changes are designed to improve disclosures to the market, make the listings rules ...

New open ended fund launches

ELIZABETH MCARTHUR  |  WEDNESDAY, 9 OCT 2019
A trans-Tasman asset manager is launching a new fund for Australian investors. Milford Asset Management announced the launch of the Milford Dynamic Fund, saying it will build on the momentum generated by the Milford Australian Absolute Growth Fund. ...

Aussie active managers underperform

ELIZABETH MCARTHUR  |  THURSDAY, 26 SEP 2019
Rainmaker research revealed that over the three years to June 2019 the median managers in all active investment categories underperformed their respective benchmark returns. The research looked at active core, high performance and small companies funds. ...