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Showing 331 - 340 of 1027 results for "A Share"

Calls for better drawdown rules

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2019
... available about retiree members. "Living off the interest income from term deposits or the dividend income emanating from a share portfolio sounds attractive but for most retirees (who have little in the way of income-producing assets outside superannuation) ...

FASEA ethics pose risk to managed accounts

ELIZABETH MCARTHUR  |  MONDAY, 23 SEP 2019
The Institute of Managed Accounts Professionals (IMAP) has made a submission to the Financial Adviser Standards and Ethics Authority, questioning its consideration of conflicts of interest in the Code of Ethics. IMAP said Standard 3 in the FASEA Code ...

Saxo partners for new reporting service

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 SEP 2019
Saxo Markets has entered into a new partnership to provide an institutional grade reporting service. The partnership with Sharesight will deliver an integrated recordkeeping service for self-directed investors. Saxo described the initiative as "open ...

Buyback ensures Aussie ownership

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 SEP 2019
... foreign corporation. Moelis Australia bought back the shares from Moelis & Company (M&C) via a selective buyback at $3.40 a share. The move sees M&C's interest fall under 20%. Following the buyback, M&C's share ownership in Moelis will be 19.98%. The ...

MLC terminates fund

KANIKA SOOD  |  TUESDAY, 3 SEP 2019
MLC terminated another hedged global shares fund for wholesale investors, from its private investment consulting lineup. The PIC Wholesale Hedged Global Share Fund was terminated at the same time as the $50 million MLC Wholesale Hedged Global Share ...

AustralianSuper hires from VFMC

KANIKA SOOD  |  FRIDAY, 30 AUG 2019
The $169 billion superannuation fund has hired a former Victorian Funds Management Corporation chief investment officer in a senior investment role on its equities team. Justin Pascoe has joined the industry fund as a senior portfolio manager, equities ...

Future Fund returns 11.5%, crosses $160bn

KANIKA SOOD  |  WEDNESDAY, 28 AUG 2019
Australia's sovereign wealth fund returned 11.5% in the year to June, with chair Peter Costello likening the returns to that of a "high growth" superannuation option but with much lower risk. The Future Fund now manages $162.6 billion, after adding ...

Link Group offloads share registry

ELIZABETH MCARTHUR  |  TUESDAY, 27 AUG 2019
ASX listed Link Group will sell its 74.85% stake in a share registry for $21.5 million. The holding in share registry Link Market Services South Africa (LMS South Africa) will be sold to JSE Limited. Link managing director John McMurtrie said: "JSE ...

CommInsure sale stalls, sold for discount

KARREN VERGARA  |  FRIDAY, 23 AUG 2019
... asset transfer would be expected to take about nine months to implement and upon completion - whether achieved through a share sale or statutory asset transfer - CBA will receive a final payment of $1.475 billion from AIA. Also as part of the revised ...

State Street ETF in franking credit kerfuffle

KANIKA SOOD  |  THURSDAY, 15 AUG 2019
... Street said in a July 19 update. "The first alternative is the '45 day rule'. Under this test, broadly if a fund has held a share for at least 45 days within a specified period around the ex-dividend date it can distribute any franking credits attached ...