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Showing 1991 - 2000 of 9316 results for "Red"

Link REIT, Oxford ink $2.3bn office portfolio deal

CHLOE WALKER  |  FRIDAY, 11 FEB 2022
Hong Kong-based Link Asset Management has announced a joint venture with Oxford Properties Group in the Investa Gateway Office (IGO) venture, which consists of a prime office portfolio worth over $2.3 billion. Link will own a 49.9% stake, while Oxford ...

AMP reports $252m loss

KARREN VERGARA  |  THURSDAY, 10 FEB 2022
While AMP's financial advice and wealth management units show signs of recovery, the group ultimately reported a massive $252 million statutory loss in its full-year financial performance. Underlying net profit after tax, however, was up 53% to ...

AFA responds to Quality of Advice Review

KARREN VERGARA  |  THURSDAY, 10 FEB 2022
The Association of Financial Advisers hopes that the upcoming industry review will listen to the voices of clients and overhaul the advice process. In its submission to the draft terms of reference for the Quality of Advice Review, the AFA is calling ...

AustralianSuper appoints retirement solutions lead

KARREN VERGARA  |  WEDNESDAY, 9 FEB 2022
AustralianSuper has appointed a new lead for its retirement solutions unit, welcoming the former chief executive of a fund it recently merged with. Stefan Strano became the $244 billion super fund's business lead for retirement solutions effective ...

Magellan funds under review

ELIZABETH MCARTHUR  |  TUESDAY, 8 FEB 2022
After Magellan co-founder Hamish Douglass announced he would take extended medical leave, the company's share price dove and its fund ratings are under review. Morningstar said all of Magellan's global and high conviction funds are under review due ...

Acquisitions bolster Kelly Partners results

KARREN VERGARA  |  MONDAY, 7 FEB 2022
Several acquisitions bolstered the performance of Kelly Partners in the six months to December, the latest financial results show. The ASX-listed group saw a 25% increase in revenue to $30.9 million, thanks to its acquisition spree which contributed ...

Allan Gray Australia reduces fees

CHLOE WALKER  |  FRIDAY, 4 FEB 2022
Allan Gray Australia has made significant changes to the fees charged across superannuation, retirement and investments on its platform. Allan Gray Solutions, which encompasses Allan Gray Superannuation, Allan Gray Retirement and Allan Gray Investments ...

Westpac shuffles executives

ELIZABETH MCARTHUR  |  THURSDAY, 3 FEB 2022
Westpac Group announced a restructure and shuffling of its executive lineup, in a move to reduce costs and simplify the bank. Westpac is creating a smaller head office and reducing the size of corporate functions by 20% as part of a larger plan to reduce ...

SPDR ETFs cut fees

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 FEB 2022
State Street Global Advisors (SSGA) has cut fees for four of its Australian SPDR ETFs. The fee cuts will be effective from Valentine's Day, 14 February 2022. The changes relate to two international ETFs and two domestic sector ETFs and include cost ...

Plato launches net zero fund

JAMIE WILLIAMSON  |  MONDAY, 31 JAN 2022
... said. The strategy is underpinned by the firm's proprietary quantitative systems, he added. "For example, Plato's Red Flags Model which incorporates more than 100 ESG red flags, including some 60 environmental inputs, plays a major role in portfolio ...