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Showing 3471 - 3480 of 11511 results for "DIV"

Fund seeks to internalise management

KANIKA SOOD  |  FRIDAY, 25 SEP 2020
An ASX-listed property investment company is seeking to internalise its management and will pay about $4 million to existing owner. Eildon Capital Group is managed by Eildon Funds Management, which is owned by CVC Limited. Eildon wants to internalise ...

ASIC wealth director nabs promotion

ALLY SELBY  |  THURSDAY, 24 SEP 2020
The corporate watchdog's executive director of wealth management has nabbed a promotion and will now assume the role of ASIC's executive director of financial services. Joanna Bird has been appointed in the role after many years with the regulator and ...

Super funds squander member money: Bragg

KARREN VERGARA  |  THURSDAY, 24 SEP 2020
Senator Andrew Bragg is calling for greater scrutiny of how superannuation funds spend members' money, slamming the system that has enjoyed three decades of unquestioned opacity. Appearing at an Association of Superannuation Funds of Australia event ...

MLC Life restructures, appoints lead

JAMIE WILLIAMSON  |  WEDNESDAY, 23 SEP 2020
MLC Life Insurance is combining its group and retail life insurance divisions to better meet client needs, saying the current level of service is not acceptable. The group has also appointed a new executive team to lead the initiative. The life insurer ...

BNP Paribas AM CIO steps down

KARREN VERGARA  |  WEDNESDAY, 23 SEP 2020
BNP Paribas Asset Management's investments chief for the Asia Pacific has retired after more than three decades of service. Alex Ng, the chief investment officer for Asia Pacific, stepped down on August 31 but remains as a non-executive director within ...

ASIC cleans up 'cash plus' funds

KANIKA SOOD  |  WEDNESDAY, 23 SEP 2020
ASIC found 14 'cash' funds with $7 billion in assets had confusing or inappropriate labelling, resulting in changes to names, asset allocations or in one case, even a closure. The corporate regulator found some funds that labelled themselves as 'cash ...

First Sentier completes global rebrand

ANNABELLE DICKSON  |  WEDNESDAY, 23 SEP 2020
After changing its branding in Australia just over a year ago, First Sentier Investors has finalised the roll out of its new name in all markets. Formerly known as First State Investments in Europe, the Americas and Asia Pacific, First Sentier said ...

Masterfund assets decline

KARREN VERGARA  |  WEDNESDAY, 23 SEP 2020
The masterfunds sector lost $38.4 billion over the 2019-20 financial year but has almost recovered the losses instigated by the global pandemic, the latest Plan For Life data show. The sector, which comprises mutual funds on wraps, platforms and master ...

Male-pack mentality holds back boards

KARREN VERGARA  |  WEDNESDAY, 23 SEP 2020
Having more women on boards has the potential to positively influence companies' corporate social responsibility initiatives and governance. This is based on research from the University of South Australia, which looked at a sample of large ASX-listed ...

MLC Wealth risk lead departs

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 SEP 2020
A chief risk officer at MLC Wealth has departed the business, with an acting chief appointed for the interim. Julia Pryor finished in her role as acting chief risk officer for the retirement and investment solutions and platforms division at MLC Wealth ...