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Showing 3691 - 3700 of 11511 results for "DIV"

Sargon buyers announce execs, ditch Sargon name

KANIKA SOOD  |  THURSDAY, 18 JUN 2020
The buyers of Sargon's operating businesses have announced its new executive and board lineup and will rebrand it to Certes Corporation, leaving behind the Sargon brand. Former PEXA chief Marcus Price will move into the role of group chief executive ...

VanEck makes case for equal weight investing

ALLY SELBY  |  THURSDAY, 18 JUN 2020
The $50 billion exchange traded funds issuer has made the case for equal weight investing, arguing a skewed exposure towards smaller stocks can outperform during periods of market recovery. In its new research paper The road to recovery, VanEck examines ...

Profound uncertainty remains: IMF

ELIZA BAVIN  |  THURSDAY, 18 JUN 2020
The International Monetary Fund (IMF) said in surveying the economic landscape, the sheer scale and severity of the global lockdown has been striking. Gita Gopinath, economic counsellor and director of the research department at the IMF, said the "Great ...

Chief economist update: COVID-19 nightmare makes Brexit a dream

BENJAMIN ONG  |  THURSDAY, 18 JUN 2020
June 23 marks the fourth year anniversary of Brexit - the day a referendum was held (and Britons voted in favour of) the United Kingdom leaving the European Union (EU). The uncertainty (horror) of it all sent Sterling's effective exchange rate diving ...

Industry fund in successor fund transfer

JAMIE WILLIAMSON  |  WEDNESDAY, 17 JUN 2020
The industry super fund that is home to several superannuation startups has notified members it will be transferring all accounts to another master trust. LESF Super will be merged into Smartsave 'Member's Choice' Superannuation, with the ...

AustralianSuper gives Rio Tinto slap on the wrist

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 JUN 2020
Rio Tinto got a talking to from AustralianSuper in relation to it blowing up a 40,000 year old Aboriginal heritage site, but the fund won't be selling down its $1 billion dollar stake. AustralianSuper chief investment officer and deputy chief executive ...

The secret to neutralising sequencing risk

ALLY SELBY  |  TUESDAY, 16 JUN 2020
A Melbourne-based investment management firm says the key to avoiding sequencing risk is to build an "all weather" portfolio. Absolute-return fund Cor Capital said pre-retirees and retirees in particular need to pay attention to sequencing risk to avoid ...

Fidelity launches sustainable fund

ALLY SELBY  |  TUESDAY, 16 JUN 2020
Fidelity International has launched a new sustainable fund in Australia, set to provide investors with a source of diversification through its investment in a relatively unexplored sector. The Fidelity Sustainable Water and Waste Fund will deliver risk ...

Suncorp nabs business, private banking executive

ALLY SELBY  |  MONDAY, 15 JUN 2020
Suncorp has hired a former business and private banking executive from the Commonwealth Bank, set to guide the group's path towards digitisation and automation. Adam Bennett has nabbed the chief information officer role, and will join Suncorp from July ...

Centuria launches takeover bid

ALLY SELBY  |  MONDAY, 15 JUN 2020
The ASX-listed $7.2 billion real estate investment manager has launched a takeover bid for New Zealand-based Augusta Capital, set to acquire the firm's remaining shares for $122 million (NZD$130 million). It comes just over a month after Centuria Capital ...