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Showing 3981 - 3990 of 11511 results for "DIV"

Industry fund bumps up premiums

JAMIE WILLIAMSON  |  FRIDAY, 14 FEB 2020
Members of a $25 billion industry superannuation fund are set to pay higher insurance premiums from April 1, with some paying up to 20% more for death and TPD. VicSuper has notified members their insurance premiums are increasing as a result of the ...

Macquarie quietly rolls out low-cost platform menu

HARRISON WORLEY  |  FRIDAY, 14 FEB 2020
Macquarie recently launched a new low-cost investment menu to its Wrap platform, designed to help financial advisers provide high-quality investment options to clients with simpler investment needs. Macquarie's multi-year effort to reset its platform ...

Pengana makes executive hire

ALLY SELBY  |  FRIDAY, 14 FEB 2020
Pengana Capital Group has appointed a former Allan Gray relationship manager in a newly created role which will see her lead the investment firm's international equities division down under. Joy Yacoub has nabbed the role as an executive director and ...

Global asset manager fills giant impact fund

HARRISON WORLEY  |  THURSDAY, 13 FEB 2020
The doors are officially shut on KKR's USD$1.3 billion global impact fund, with the firm itself tipping in around 10% of the funds invested. KKR has announced the final closing of the KKR Global Impact Fund, which is dedicated to investing in companies ...

Tough times continue for AMP

ELIZA BAVIN  |  THURSDAY, 13 FEB 2020
Despite a $2.5 billion shortfall and losing 444 advisers, AMP's board has approved an 80% increase to chief executive Francesco De Ferrari's remuneration. It has also announced the resignation of its chief risk officer. The country's largest wealth ...

BT fund to wind up

KANIKA SOOD  |  WEDNESDAY, 12 FEB 2020
It's the end of the road for a BT multi-asset fund managed by Pendal after 52 years, as investor demand ebbs out. The BT Institutional Diversified Balanced PST was managed by Stuart Eliot and invested in local and global shares, fixed interest ...

New board member at EQT

ELIZABETH MCARTHUR  |  WEDNESDAY, 12 FEB 2020
A high profile financial adviser has joined EQT Holdings, appointed as a non-executive director to its board. Catherine Robson, who founded Affinity Private, has joined the EQT board. Robson began her career at Macquarie and founded boutique wealth ...

Custodial excellence recognised

HARRISON WORLEY  |  WEDNESDAY, 12 FEB 2020
The Australian Custodial Services Association celebrated excellence in custodial services yesterday, at the 2020 installment of its annual ACSA Awards during the Investment Operations Conference in Sydney. The association recognised HSBC regulatory ...

Chief economist update: It's the US consumer, stupid me

BENJAMIN ONG  |  WEDNESDAY, 12 FEB 2020
Uh-oh, I may have to put the letters "W" and "R" in front of my last name (Ong) cause that's what my last prognosis for the US economy and the Fed's response is turning out to be. I've been among those pencilling in a recession when the ...

Pendal cuts fees on equities fund

KANIKA SOOD  |  TUESDAY, 11 FEB 2020
Pendal has dropped the fees on a $334 million global emerging markets equities fund by 22bps. The Pendal Global Emerging Markets Opportunity Fund lowered its issuer fees from 1.40% per year to 1.18% per year, effective last Thursday. The fund is managed ...