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Showing 3381 - 3390 of 11511 results for "DIV"

AustralianSuper dodges advertising scrutiny

KARREN VERGARA  |  FRIDAY, 6 NOV 2020
The nation's largest superannuation fund is facing heat for not divulging details of its $11 million marketing expense and how effective that has been in acquiring new members. AustralianSuper chief executive Ian Silk faced the Standing Committee ...

Ares readies second credit fund

KANIKA SOOD  |  FRIDAY, 6 NOV 2020
Ares's joint venture with Fidante Partners will launch a second credit fund later this year. The Ares Diversified Credit Fund will use an open-ended structure, similar to Revolution Asset Management's last private debt fund. It will invest in ...

AMP welcomes board director

ANNABELLE DICKSON  |  FRIDAY, 6 NOV 2020
AMP has added a former Telstra executive to its board, citing her experience in leading cultural change as a driving force. Kate McKenzie is currently a non-executive director of NBN Co, Stockland and previously served on the boards of Allianz Australia ...

Ord Minnett acquires E.L. & C. Baillieu

ELIZA BAVIN  |  FRIDAY, 6 NOV 2020
Ord Minnett has acquired E.L. & C. Baillieu for an undisclosed amount in what it describes as "a highly welcomed strategic move". Announced yesterday, Ord Minnett said the acquisition will strengthen it as one of Australia's largest, independent private ...

Pengana shutters income-focused fund

KANIKA SOOD  |  THURSDAY, 5 NOV 2020
Pengana Capital will wind up an income-focused Australian equities fund, as it underperforms and the income opportunities in ASX stocks shrink. The Pengana Australian Equities Income Fund invested in 20 to 40 ASX-listed companies, with a focus on income. ...

Citi expands fixed income offering for wholesale

KANIKA SOOD  |  THURSDAY, 5 NOV 2020
Citi Australia is offering wholesale clients access to high-yield bonds, hybrids and capital notes, as it expands its fixed income services. It said it will also offer access to the instruments via the primary market, adding potential or preferential ...

IOOF unfazed by poor MLC result

ELIZA BAVIN  |  THURSDAY, 5 NOV 2020
NAB posted a 37% loss in revenue while MLC Wealth was down around $100 million in divisional cash earnings from last year, though IOOF said the result is broadly in line with its expectations. IOOF is set to acquire 100% of MLC Wealth from NAB for $1.4 ...

AMP Capital ESG lead jumps to Platypus

ELIZABETH MCARTHUR  |  THURSDAY, 5 NOV 2020
The former portfolio manager for AMP Capital Ethical Leaders funds has found a new role, after departing the troubled investment giant in October. Kristen Le Mesurier has been appointed head of ESG and engagement at Platypus Asset Management. She was ...

Chief economist update: China's vote for US president

BENJAMIN ONG  |  THURSDAY, 5 NOV 2020
A new POTUS or four more years with the old one? America remains on knife-edge as the November 3 US presidential elections show that President Donald Trump and contender Joe Biden still have to secure the 270 electoral votes to claim the Oval Office. ...

BetaShares tinkers with ETF lineup

KANIKA SOOD  |  WEDNESDAY, 4 NOV 2020
The issuer with highest number of products is closing five ETFs, and raising fees for its diversified ETFs as it adds an ethical focus. BetaShares currently offers 58 exchange-traded funds via the ASX. On December 8, it will trim this lineup by five ...