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Showing 2271 - 2280 of 8993 results for "ASX"

Challenger bolsters exec lineup

KANIKA SOOD  |  WEDNESDAY, 12 DEC 2018
... business as we continue to make stable and secure income in retirement a reality for more Australia." Challenger Limited (ASX: CGF) has a market cap of over $5.5 billion. It has two core investment businesses, a life and a funds management division. ...

CBA stashes cash for compliance

DARREN SNYDER  |  WEDNESDAY, 12 DEC 2018
... expected costs for compliance and remediation programs as well as its separation from CommInsure Life. In an update to the ASX on Tuesday evening, CBA said its financial results for the six months to 31 December 2018 (1H19) will be impacted from the ...

UniSuper awards small caps mandate

KANIKA SOOD  |  TUESDAY, 11 DEC 2018
... Lennox Small companies fund has returned 17.2% per annum since its April 2017 inception. This is 8.5% over its benchmark S&P/ASX Small Ordinaries Accumulation Index's 8.72% p.a. return. Earlier this year, the boutique added a microcap strategy. This ...

Challenger kicks off active ETFs

KANIKA SOOD  |  MONDAY, 10 DEC 2018
... has listed its first active ETF as it dips its toes in the exchange-traded fund market. The Ardea Real Outcome Bond Fund (ASX: XARO) has become the first launch out of the ActiveX banner that was announced in June. Kapstream Capital and Alphinity Investment ...

Industry dubious about one regulatory body: Survey

KARREN VERGARA  |  MONDAY, 10 DEC 2018
... group's deficiencies in governance, culture and accountability for some time, Hayne said. APRA has been concerned about ASX-listed IOOF's complicated structure and culture since 2016. It was only last week that it decided to take a firm hand ...

Advice firm runs rule over Labor policy

DARREN SNYDER  |  FRIDAY, 7 DEC 2018
... particularly into the share market prior to the change. "Unlike property, share investing is generally positively geared with the ASX dividend yield vplus franking credits about 5.5%, which is higher than most borrowing costs," Philpot said. "For long ...

Chief economist update: A prelude to a rate cut?

BENJAMIN ONG  |  FRIDAY, 7 DEC 2018
... negative wealth effect from falling equity and property prices don't bode well for consumer spending going forward. The S&P/ASX 200 index is down 6.2% this year to date and CoreLogic's "5 city capital aggregate" home value index has fallen by ...

APRA takes action against IOOF

HARRISON WORLEY  |  FRIDAY, 7 DEC 2018
... general manager of legal, risk and compliance Paul Vine and general counsel Gary Riordan. IOOF has released a statement to the ASX, saying it believes the allegations are misconceived, and the business and its executives "intend to vigorously defend ...

Freedom ditches life insurance sales

KARREN VERGARA  |  THURSDAY, 6 DEC 2018
... manger of strategic alliances Sean Williamson took over as chief executive. Pauline Vamos, who recently became chair of the ASX-listed firm, said her appointment will bring highly relevant experience in life insurance, regulatory, compliance and risk ...

Australian Unity fund manager steps down

KANIKA SOOD  |  TUESDAY, 4 DEC 2018
... was up 60.5% over the previous year. AOF has a market cap of roughly $454 million and has returned roughly 25% versus the ASX 200 in one year.