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Showing 3231 - 3240 of 11511 results for "DIV"

NAB hires new executive

ELIZA BAVIN  |  WEDNESDAY, 10 FEB 2021
Westpac's chief information officer has jumped ship to take up the same role at NAB. NAB told Industry Moves it has appointed Anastasia Cammaroto as chief information officer, personal banking, within the NAB technology and enterprise operations ...

The trouble with best financial interests duty

KARREN VERGARA  |  WEDNESDAY, 10 FEB 2021
The best financial interests duty reform has major loopholes and lacks guidance from regulators, leading to major confusion for superannuation trustees. The fourth element of the proposed Your Future, Your Super reforms should be abandoned, according ...

CBA slashes profits, boosts dividends

KARREN VERGARA  |  WEDNESDAY, 10 FEB 2021
Commonwealth Bank has rewarded shareholders with a generous dividend payout despite its latest results falling short of expectations. December 2020 half-year results show the bank's net-profit after tax dipped 21% to $4.9 billion on the prior corresponding ...

BlackRock appoints APAC lead

JAMIE WILLIAMSON  |  WEDNESDAY, 10 FEB 2021
BlackRock has named a new chair and head of Asia Pacific, as Geraldine Buckingham moves into an advisory role. Currently head of Europe, the Middle East and Africa, Rachel Lord will take over from Buckingham in May of this year. Buckingham, who has ...

AMP Capital to bring cars to shopping centre

ELIZA BAVIN  |  WEDNESDAY, 10 FEB 2021
AMP Capital has secured a lease with a national automotive dealership to establish an AutoMall in a Queensland shopping centre. On behalf of investors in the Indooroopilly Shopping Centre in Brisbane's inner-west, AMP Capital said the deal with Eagers ...

Challenger on track to performance target

ANNABELLE DICKSON  |  TUESDAY, 9 FEB 2021
The investment manager recorded a marginal increase in statutory net profit after tax (NPAT) to $222.8 million, up $2.4 million on the previous corresponding period in its half-year results. On a normalised basis, NPAT dropped by 29% to $136.8 million ...

Executive shuffle at Macquarie Group

ELIZA BAVIN  |  TUESDAY, 9 FEB 2021
Macquarie Group has announced a new head of its asset management business and bank as long-time executives step down. Announced as part of Macquarie's results today, Martin Stanley will be stepping down as group head of Macquarie Asset Management (MAM) ...

Ian Macoun sells $83m of Pinnacle shares

KANIKA SOOD  |  TUESDAY, 9 FEB 2021
Pinnacle's Ian Macoun sold $83 million worth of PNI shares yesterday, as the stock headed towards an all-time high after a strong first half result. Macoun's sale of PNI shares constituted 4.8% of the total stock on issue. The nine-million share ...

Kapstream wins JANA allocation

KANIKA SOOD  |  MONDAY, 8 FEB 2021
The $17 billion Sydney boutique has been appointed to a multi-manager fund from JANA. Kasptream will manage a portion of the JANA Short Maturity Diversified Debt Trust, which JANA offers to its implementation clients. "Kapstream's been fortunate to ...

Janus Henderson loses capital investment

ANNABELLE DICKSON  |  FRIDAY, 5 FEB 2021
Janus Henderson has announced its major investor, Dai-ichi Life Holdings, is selling its stake to refocus capital on its global insurance presence, with the two signing a revised strategic agreement. The asset manager announced in its full-year results ...