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Showing 3871 - 3880 of 11511 results for "DIV"

Portfolio rebalancing should be timed: Xplore

ELIZA BAVIN  |  FRIDAY, 27 MAR 2020
Extreme market volatility has left many portfolios in need of some rebalancing but investors should be cautious of their timing while volatility remains high, according to Xplore Wealth chief executive Michael Wright. "We have seen over the last four ...

Regal fund hands back external money

KANIKA SOOD  |  FRIDAY, 27 MAR 2020
Phil King's Regal Funds Management has returned money to external investors for one of its smaller funds, but will continue to run the strategy internally. The Regal Global Equity Income Fund used a quantitative approach to screen for relative value ...

Cash management account to shutter

KANIKA SOOD  |  FRIDAY, 27 MAR 2020
A cash management account distributed by Colonial First State and issued by Bankwest is set to terminate effective June. The BWA Cash Management Account offered a variable rate of 0.40% per year, and acted as a central account for a usually advised ...

Sargon trustee businesses sale expected soon

KANIKA SOOD  |  THURSDAY, 26 MAR 2020
It's only a few days until the new ownership of Sargon's regulatory operating businesses is finalised, OneVue told its investors in ASX filings yesterday. The platform business said the sale is expected to complete by March 31 or soon after, subject ...

Pinnacle distribution director takes new role

KANIKA SOOD  |  THURSDAY, 26 MAR 2020
Pinnacle Investment Management's director of institutional sales is leaving the role for a $12.8 billion multi-boutique. Duncan Hodnett will join Maple-Brown Abbott as its head of global distribution coming Monday. The newly-created role puts Hodnett ...

COVID-19 uncertainty sees AMP withdraw guidance

ALLY SELBY  |  THURSDAY, 26 MAR 2020
AMP has withdrawn its full-year 2020 outlook as a result of ongoing economic uncertainty. Announcing the move to the ASX this morning, AMP said its capital position and liquidity will help it navigate the uncertain environment but providing an accurate ...

Global hiring freeze for BlackRock

ELIZABETH MCARTHUR  |  THURSDAY, 26 MAR 2020
The world's largest asset manager has instituted a global hiring freeze amid the COVID-19 pandemic. "Right now, we are focused on serving our clients and making sure our people are safe, supported and productive as possible," a spokesperson for ...

COVID-19 shaves $290bn off super

KANIKA SOOD  |  WEDNESDAY, 25 MAR 2020
COVID-19 and the accompanying market correction has temporarily wiped out nearly $290 billion from Australia's superannuation system since the ASX's February 20 peak, according to new analysis from Rainmaker Research. Many superannuation funds lost ...

Avoid listed wealth giants: UBS

HARRISON WORLEY  |  WEDNESDAY, 25 MAR 2020
UBS has listed which stocks to jump on and which to avoid in the event COVID-19 pushes Australia deep into a recession, with two listed wealth giants in its negative column. Analysts from global wealth giant UBS' Australian equities teams have called ...

Super funds revalue unlisted assets

HARRISON WORLEY  |  WEDNESDAY, 25 MAR 2020
Some of the nation's largest superannuation funds have revalued their unlisted assets to give members an up-to-date understanding of how COVID-19 is hitting their retirement savings. AustralianSuper has cut the value of its unlisted assets to the tune ...