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Showing 3371 - 3380 of 11511 results for "DIV"

Crennan nabs new gig

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 NOV 2020
Former ASIC deputy chair Daniel Crennan has a new role with an advisory firm and boutique investment bank, which was named in an ASIC report in 2019. Crennan resigned from the corporate regulator just two weeks ago, following revelations that he was ...

CBA feels pressure of low rates, profits down

ANNABELLE DICKSON  |  WEDNESDAY, 11 NOV 2020
Commonwealth Bank of Australia reported a decrease in cash profit down for the September quarter due to lower margins and higher expenses. The preliminary figures show cash profits down 16% to $1.8 billion on the same period in the previous year. The ...

Channel Capital in management buyout

KANIKA SOOD  |  TUESDAY, 10 NOV 2020
The Sydney multi-boutique is bidding farewell to its minority equity partner Highbury Partnership, as it enlists a new passive investor to bring ownership back to the management. Highbury invested about $15 million in Channel Capital in 2017 when the ...

CountPlus divests member firm

ANNABELLE DICKSON  |  TUESDAY, 10 NOV 2020
CountPlus has disposed its majority interest in a member firm to a fellow member firm after a review found it could not add strategic value. The ASX-listed advice and accounting group has sold its 61.28% interest in Specialised Business Solutions to ...

Pension funds told to practice what they preach

JAMIE WILLIAMSON  |  TUESDAY, 10 NOV 2020
Close to half of all Dutch pension funds are failing to align their portfolios with their sustainable investment policies, according to the latest annual benchmarking report from the Association of Investors for Sustainable Development. The Association ...

Hastings founder launches new fund

KANIKA SOOD  |  MONDAY, 9 NOV 2020
Hastings Funds Management's founder Mike Fitzpatrick is launching a new wholesale fund that will invest in unlisted infrastructure. The TRUE Infrastructure Fund will use a fund-of-fund structure to invest in funds from two managers, ATLAS Infrastructure ...

Franklin Templeton shuffles distribution team

ELIZABETH MCARTHUR  |  MONDAY, 9 NOV 2020
Following its acquisition of Legg Mason, Franklin Templeton Australia has refreshed its senior distribution leadership line-up. Felicity Walsh's role has been expanded as head of sales, she will now lead both the institutional and retail sales teams. ...

Majority of Aussies want SG rise: ASFA

ELIZA BAVIN  |  MONDAY, 9 NOV 2020
Around 75% of Australians want the superannuation guarantee to rise to 12%, according to a survey commissioned by the Association of Superannuation Funds of Australia (ASFA). ASFA said 1375 Australians were surveyed in October by Utting Research about ...

Culture creates better outcomes: Research

ANNABELLE DICKSON  |  MONDAY, 9 NOV 2020
Investment leaders from around the world believe workplace culture is more integral to influencing good organisational outcomes than business strategy, a new study shows. The Thinking Ahead Institute's latest survey of 27 global decision makers from ...

Chief economist update: Biden cooks Donald's duck

BENJAMIN ONG  |  MONDAY, 9 NOV 2020
"A whole new world A new fantastic point of view..." -Zayn Malik, Zhavia Ward Former vice-president Joe Biden is now POTUS-elect, breaking the record for the most votes (70 million plus votes and counting) received by a presidential candidate in US ...