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Showing 4091 - 4100 of 14213 results for "Interest"

HESTA appoints GM, internalises investments

ELIZABETH MCARTHUR  |  TUESDAY, 3 MAR 2020
... overseeing assets of up to $11.5 billion across Australian equities mandates. HESTA will also be internalising cash and fixed interest asset classes, chief investment officer Sonya Sawtell-Rickson said that program will be implemented in 2022. "These ...

Cbus overhauls insurance offering

JAMIE WILLIAMSON  |  MONDAY, 2 MAR 2020
Cbus is changing the way it calculates insurance premiums, with members set to pay more for death and TPD insurance cover. From April 1, Cbus members' insurance premiums will be based on their age in a move designed to more closely reflect what it costs ...

Fidelity sweeps Morningstar Australia Awards

KANIKA SOOD  |  MONDAY, 2 MAR 2020
... infrastructure category, alongside Cromwell Property Group and Pendal Group. Pendal Group took home the award. In the fixed interest category, Legg Mason's Western Asset beat PIMCO and Colonial First State FirstChoice. Hyperion, which lost out to Fidelity ...

HUB24 also in line at Sargon

KANIKA SOOD  |  FRIDAY, 28 FEB 2020
... and Diversa Trustees, according to initial investigations by EY. The sales process for the eight companies had received interest from about 60 parties as at February 13. An exclusive sales arrangement has since been signed. About 20 non-indicative offers ...

ANZ Australia risk chief exits

JAMIE WILLIAMSON  |  FRIDAY, 28 FEB 2020
The chief risk officer that fronted the Royal Commission on behalf of ANZ Wealth has resigned from the bank. A spokesperson for ANZ has confirmed the resignation of Kylie Rixon, effective immediately. Rixon was chief risk officer of ANZ Wealth from ...

Why Phillip Morris gets ESG points

ELIZABETH MCARTHUR  |  FRIDAY, 28 FEB 2020
... people quit smoking. IQOS was approved to be sold in the US, with the US Food and Drug Authority noting that it was in the interest of public health to make the stop smoking system available. "Here you've got a company that is doing what you want ...

Hollywood actor charged by SEC

ELIZA BAVIN  |  FRIDAY, 28 FEB 2020
... denying the SEC's findings, Seagal agreed to pay a total of $477,084 (US$314,000) in disgorgement, pre judgement interest and penalties. In addition, Seagal also agreed not to promote any securities, digital or otherwise, for three years. Seagal ...

ETF popularity soars 52%

ALLY SELBY  |  FRIDAY, 28 FEB 2020
... next 10 years," she said. There are now 213 ETFs in Australia, with products spanning a wide range of equities, fixed interest, multisector, and real estate. Zaychuk said most surprising was an increase in fixed interest ETFs. "Fixed interest ETFs are ...

Court punishes OTC derivative issuers

HARRISON WORLEY  |  FRIDAY, 28 FEB 2020
Three over-the-counter derivatives providers have been found guilty of contravening their AFSL licences by using account managers to pressure retail investors into purchasing products which lost investors more than $30 million. The Federal Court has ...

Link's superannuation arm takes a hit

HARRISON WORLEY  |  THURSDAY, 27 FEB 2020
Link's retirement and superannuation solutions business took a hit in the first half of the year, as client losses and regulatory reforms impacted the segment. Reporting its half yearly results to the market today, administration and services giant ...