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Showing 3601 - 3610 of 11511 results for "DIV"

Adviser jailed over $2m Ponzi scheme

JAMIE WILLIAMSON  |  TUESDAY, 4 AUG 2020
A former financial adviser and licensee director has been sentenced to six years' imprisonment for misappropriating close to $2 million for his own use. Graeme Walter Miller of Myocum, New South Wales was sentenced on July 31 after pleading guilty to ...

AMP Capital names real estate head replacement

ELIZA BAVIN  |  TUESDAY, 4 AUG 2020
AMP Capital named its new head of real estate following Carmel Hourigan's decision to join Charter Hall. Kylie O'Connor has been promoted to the position, currently working as AMP Capital Real Estate chief operating officer and managing director separate ...

Perpetual opens retail raise

ANNABELLE DICKSON  |  TUESDAY, 4 AUG 2020
Perpetual has opened its share purchase plan to retail shareholders in an attempt to raise $40 million to fund the acquisition of US manager Barrow, Hanley, Mewhinney & Strauss (Barrow Hanley). Eligible shareholders are able to purchase up to $30,000 ...

Canadian pension fund pursues global growth

JAMIE WILLIAMSON  |  MONDAY, 3 AUG 2020
One of Canada's biggest pension funds is restructuring to better position itself for international opportunities, including in the Asia Pacific region. Caisse de depot et placement du Quebec (CDPQ) is shifting to an integrated structure for international ...

New chief risk officer at Maple-Brown Abbott

ELIZABETH MCARTHUR  |  MONDAY, 3 AUG 2020
Boutique investment manager Maple-Brown Abbott has appointed a new chief risk officer and created a new head of finance role. Lata McNulty will step into the role of chief risk officer, reporting to chief executive and managing director Sophia Rahmani. ...

Franklin Templeton completes acquisition

ELIZA BAVIN  |  MONDAY, 3 AUG 2020
Franklin Templeton has officially completed its acquisition of investment manager Legg Mason, creating one of the world's largest specialist managers. Franklin Resources, a global investment management organisation with subsidiaries operating as Franklin ...

Another sentenced in ATO fraud

ELIZA BAVIN  |  MONDAY, 3 AUG 2020
A man has been sentenced to over seven years in jail for his role as principal conspirator in a syndicate alleged to have defrauded the Commonwealth of more than $105 million over three years. Simon Anquetil pleaded guilty to charges of conspiring to ...

Platforms reveal merger details

ANNABELLE DICKSON  |  FRIDAY, 31 JUL 2020
Powerwrap has released its target statement recommending its shareholders accept the off-market takeover offer moves forward with Praemium. The target statement prices Powerwrap at 29.75 cents per share based on a price of 44.50 cents per Praemium Share ...

UK pension fund to go net zero

JAMIE WILLIAMSON  |  THURSDAY, 30 JUL 2020
The UK's National Employment Savings Trust, known as NEST, will immediately shift close to half of its entire portfolio to climate aware strategies and begin divesting from companies involved in thermal coal, oil sands and arctic drilling. NEST ...

Pinnacle puts zero-fee ETF experiment to bed

KANIKA SOOD  |  THURSDAY, 30 JUL 2020
Less than a year after Pinnacle launched Australia's first zero-fee ETF, it has decided to wind up the fund after struggling to attract investors. Pinnacle's listed the aShares Dynamic Cash Fund (Managed Fund) on the ASX in late August, 2019. ...