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Showing 3461 - 3470 of 11511 results for "DIV"

Investors take charge in C-suite equality

ANNABELLE DICKSON  |  THURSDAY, 1 OCT 2020
A $52 billion industry superannuation fund has launched an initiative to increase gender diversity in the executive teams of the ASX200 companies and already has the support of industry heavyweights. HESTA's 40:40 Vision campaign has launched with eight ...

Manipulative trading at J.P. Morgan costs it over $1bn

ALLY SELBY  |  WEDNESDAY, 30 SEP 2020
J.P. Morgan will be forced to cough up more than $1.3 billion (US$920 million) after entering into an agreement with the US Department of Justice, the US Commodity Futures Trading Commission and the US Securities and Exchange Commission. The agreements ...

Aussie fundie receives global recognition

KARREN VERGARA  |  WEDNESDAY, 30 SEP 2020
An Australian fund manager has made the best female global fund managers list for the second year in a row. Fidelity International portfolio manager Kate Howitt was ranked 11th on UK publication Citywire's list of the top 30 female fund managers ...

Challenger loses chief financial officer

ANNABELLE DICKSON  |  WEDNESDAY, 30 SEP 2020
Challenger has commenced the search for a chief financial officer after its long-standing executive resigned. Andrew Tobin has provided six months' notice of his resignation after being with the company for over 13 years. He joined in 2007 as deputy ...

CBA progresses with divestment to AIA

ANNABELLE DICKSON  |  WEDNESDAY, 30 SEP 2020
Commonwealth Bank has received another payment furthering the divestment of its life insurance business to AIA Group. CBA has received a payment of approximately $450 million for the sale of CommInsure Life with the proceeds resulting in a pro forma ...

Goldman Sachs appoints Australian chair

ELIZABETH MCARTHUR  |  WEDNESDAY, 30 SEP 2020
Christian Johnston will become the new chair of Goldman Sachs in Australia and New Zealand. According to an internal memo, Johnston will be focussed on deepening and strengthening the investment bank's relationships in Australia and New Zealand. "He ...

Low rates put retirees at risk: Vanguard

ELIZA BAVIN  |  TUESDAY, 29 SEP 2020
Retirees will need to be 100% allocated to equities and greatly elevate their portfolio risk to meet most income needs in the current low yield environment, according to Vanguard. Vanguard's latest research paper titled An enduring solution for ...

IFM, Trafigura launch renewable investment company

ALLY SELBY  |  TUESDAY, 29 SEP 2020
IFM Investors has formed a joint venture with physical commodities trading group Trafigura to launch a new company set to invest in solar, wind and power storage projects globally. Nala Renewables aims to build a portfolio of renewable energy projects ...

AXA IM country head exits

KARREN VERGARA  |  MONDAY, 28 SEP 2020
AXA Investment Managers' country head for Australia and New Zealand is leaving after 16 years with the firm. Craig Hurt joined AXA IM's office in London in 2004 as a director of fixed income and liability-driven investments. Three years later, he was ...

Six Park, Rollit Wealth announce partnership

ALLY SELBY  |  MONDAY, 28 SEP 2020
Rollit Wealth has announced a new partnership with Six Park, set to help its members gain greater visibility across their investments. The partnership, which will also provide a low-cost solution for those looking to invest in the share market, would ...