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Showing 3521 - 3530 of 11511 results for "DIV"

Super fund expands investment exclusions

ELIZA BAVIN  |  FRIDAY, 4 SEP 2020
A $52 billion super fund has updated its product disclosure statements to exclude investment in any company that provides services to detention centres. HESTA said the change is part of its responsible investment approach and will come into effect 1 ...

Australia most active region in Q2: Research

ALLY SELBY  |  FRIDAY, 4 SEP 2020
New research has revealed that Australians were the most active institutional investment community within the Asia Pacific region in the second quarter of the year, with interest directed to long-only Australian equity strategies. The research, by institutional ...

Fund manager charged with fraud

ALLY SELBY  |  FRIDAY, 4 SEP 2020
The founder of a distressed debt hedge fund faces civil and criminal charges in the US, after it was found he abused his position in the bankruptcy proceedings of luxury retailer Neiman Marcus Group. The Securities and Exchange Commission has charged ...

WAM makes LIC takeover bid

ANNABELLE DICKSON  |  FRIDAY, 4 SEP 2020
Wilson Asset Management has made an off-market takeover bid for geared listed investment company Concentrated Leaders Fund (CLF) as a result of its ongoing poor performance and management woes. WAM is offering shareholders two of its shares for 3.7 ...

Morningstar upgrades four, downgrades 10

ALLY SELBY  |  THURSDAY, 3 SEP 2020
Following a qualitative review of 69 Australian fixed-interest strategies, ratings house Morningstar has made 15 changes; including upgrades, downgrades, and dropping its coverage of one strategy. The changes are attributable to Morningstar's revised ...

ANZ advisers launch advice boutique

KANIKA SOOD  |  WEDNESDAY, 2 SEP 2020
Four former staff of ANZ's financial planning business have started a new advice firm in Melbourne. Park Lane Advice Group in Melbourne's Cheltenham suburb is licensed via IOOF-owned Millennium 3 Financial Services. It was founded by Evguenia Rutkowski ...

La Trobe launches new loan suite

ALLY SELBY  |  WEDNESDAY, 2 SEP 2020
Diversified wealth manager La Trobe Financial has launched a suite of a new loan products, which it says will help better meet shifting consumer needs in the wake of the COVID-19 pandemic. La Trobe has launched three new products: an Everyday Heroes ...

Financial Standard launches FS Sustainability

STAFF WRITER  |  TUESDAY, 1 SEP 2020
Financial services ESG publication The Sustainability Report has been relaunched as FS Sustainability today. FS Sustainability will aim to provide expert analysis and in-depth news on a variety of ESG issues and how ESG factors are integrated into investment ...

UBS appoints new sector heads for equities

KANIKA SOOD  |  TUESDAY, 1 SEP 2020
UBS has named new sector heads for its sell-side equities coverage, including a hire from Credit Suisse. Andrew Adams will lead UBS's coverage of insurance and diversified financials. Adams has worked at Credit Suisse for the last 10 years, covering ...

NPS buffers COVID-19 shocks

KARREN VERGARA  |  TUESDAY, 1 SEP 2020
South Korea's National Pension Service (NPS) has delivered positive results for its members despite the havoc wreaked by the global pandemic in the investing world. In the six months to June NPS posted 0.5%, buoyed by investments in global fixed ...