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Showing 2531 - 2540 of 11511 results for "DIV"

Atrium adds national sales manager

ELIZABETH FRY  |  WEDNESDAY, 11 MAY 2022
Justin Brooks has been tapped for the job of national sales manager at Atrium Investment Management. Brooks joins from Investors Mutual, where he served as state manager for Victoria, Tasmania, and Western Australia for more than seven years. In this ...

Cbus announces changes to admin fees, premiums

JAMIE WILLIAMSON  |  WEDNESDAY, 11 MAY 2022
Following on from the completion of its merger with Media Super, Cbus will shave its administration fees by 25%. However, at the same time, some members will begin paying more for death and TPD. The reduction in the dollar-based administration fee will ...

Pendal sees profits rise, to focus on costs

JAMIE WILLIAMSON  |  TUESDAY, 10 MAY 2022
Pendal Group has flagged it will turn its attention to cost management as it reports an 8% lift in profits. Pendal's statutory net profit for the six months to March 31 has jumped to $96.7 million, up from $89.9 million in the prior corresponding period. ...

AustralianSuper boosts private equity investments by $13bn

ANDREW MCKEAN  |  TUESDAY, 10 MAY 2022
AustralianSuper will invest $13 billion into private equity globally over the next two years and grow its US-based team to deliver strong long-term returns for members. About $9.5 billion of this capital is planned to be invested in the US where the ...

Westpac reports $3.1bn in cash earnings

ANDREW MCKEAN  |  MONDAY, 9 MAY 2022
The bank's cash earnings dropped due to competitive pressures on net interest margins and reduced credit impairment benefits. More promisingly, Westpac's earnings were up 71% compared to the second half of last year due to the success of its cost reset ...

Aura, Montgomery ink distribution deal

JAMIE WILLIAMSON  |  FRIDAY, 6 MAY 2022
Montgomery Investment Management will now distribute the Aura High Yield SME Fund on behalf of Aura Funds Management. The fund, which will be offered to wholesale investors, is a diversified portfolio of SME loans, 36% of which are in the agricultural ...

Macquarie Group posts record earnings

ANDREW MCKEAN  |  FRIDAY, 6 MAY 2022
Macquarie Group has posted a $A4.7 billion net profit for the year ended 31 March 2022, up 56% from the prior year. This strong result was carried by impressive performances across all the companies operating groups. Items within the banking group that ...

Hostplus tops super ranks to March

CHLOE WALKER  |  WEDNESDAY, 4 MAY 2022
With an 11.7% return for the year ending March 31, Hostplus' Balanced option ranked first in Rainmaker's latest super performance tables. This same Hostplus option ranks fifth over three years to March 31. Coming in second was Christian Super - My Ethical ...

Warakirri adds winery to fund

CHLOE WALKER  |  TUESDAY, 3 MAY 2022
Warakirri Asset Management has announced settlement of Chromy Estate, the home of Josef Chromy Wines in Tasmania, which it has added to its Diversified Agriculture Fund. The state-of-the-art winery, 61-hectare vineyard, restaurant, and cellar door assets ...

New director joins Rest board

CHLOE WALKER  |  TUESDAY, 3 MAY 2022
Rest has appointed a board d irector with extensive experience in corporate superannuation. Joanne Lester commenced as a director on 6 April 2022 as an employer representative nominated by the Australian Retailers Association. She had previously served ...