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Search ResultsShowing 21 - 30 of 100+ results for Karren Vergara
Aussie dividends slump 40%
KARREN VERGARA  |  MONDAY, 22 FEB 2021
Three-in-five Australian publicly listed companies have either cut or withheld their dividends during 2020 as a result of COVID-19, a global dividend index shows. Between April and December 2020, Aussie firms either cut or cancelled dividend payments ...
Industry fund expands leadership team
KARREN VERGARA  |  MONDAY, 22 FEB 2021
A $16 billion superannuation fund has welcomed two members to its executive team, as well as a portfolio manager from Victorian Funds Management Corporation. Sam Horskins is the new chief financial officer at CareSuper, overlooking the statutory and ...
Super fund buys stake in retirement village
KARREN VERGARA  |  FRIDAY, 19 FEB 2021
A $135 billion industry superannuation fund is to acquire a stake in Lendlease's retirement villages business. Aware Super will gain a 25% stake in Retirement Living, which comprises 75 retirement villages that are home to more than 16,000 residents ...
Mainstream to pay $5.1m settlement
KARREN VERGARA  |  FRIDAY, 19 FEB 2021
Mainstream BPO is due to pay $5.1 million as part of a confidential settlement agreement affecting its US hedge fund administration subsidiary. The ASX-listed firm said it agreed to pay US$3.95 million to a US District Court-appointed receiver of a ...
Goldman Sachs launches robo-adviser
KARREN VERGARA  |  FRIDAY, 19 FEB 2021
Goldman Sachs has launched a robo-investment offering that helps retail clients achieve their financial goals by automatically rebalancing their portfolios with the use of exchange-traded funds. Marcus Invest offers over 50 ETF products invested in ...
Limited advice overdue for disruption
KARREN VERGARA  |  THURSDAY, 18 FEB 2021
There are clear opportunities to disrupt intra-fund and general advice that the industry is overlooking, shunning everyday Australians that need it most, according to superannuation experts. As the number of financial advisers continue to dwindle and ...
J.P. Morgan dominates custody market
KARREN VERGARA  |  THURSDAY, 18 FEB 2021
J.P. Morgan has remained the largest custodian in Australia since 2016, when it bumped off NAB Asset Servicing, closing in on nearly $1 trillion of assets. The Australian Custodial Services Association's (ACSA) biannual statistics revealed J.P. ...
CFA unveils December exam results
KARREN VERGARA  |  THURSDAY, 18 FEB 2021
Less than half of the candidates who sat the first stage of the rigorous CFA exam have passed , global results from the institute shows. The CFA Institute announced 12,806 of the 26,212 or 49% of Level I candidates passed their examination in the December ...
Woodford flags comeback
KARREN VERGARA  |  WEDNESDAY, 17 FEB 2021
The UK's financial regulator is warning investors that disgraced fund manager Neil Woodford is launching a new venture, WCM Partners. The Financial Conduct Authority was forced to act after Woodford announced that his new investment firm is in the ...
Continuous disclosure laws to stay
KARREN VERGARA  |  WEDNESDAY, 17 FEB 2021
Treasurer Josh Frydenberg flagged that the temporary disclosure laws for public companies relaxed at the height of the coronavirus crisis will be made permanent. In May 2020, the government announced the temporary measures, modifying provisions under ...
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