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Showing 4251 - 4260 of 11511 results for "DIV"

CBA remediation bill drags performance

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2019
Commonwealth Bank's overall remediation and compliance costs have hit $2.2 billion, dragging its full-year June 2019 results. A large chunk ($806m) of the bank's customer remediation bill will go towards implementing regulatory and compliance ...

ANZ scraps individual bonuses

HARRISON WORLEY  |  TUESDAY, 6 AUG 2019
ANZ has taken individual bonuses off the table in favour of an incentive based on group performance. From October 1 most ANZ staff will be rewarded with a group performance dividend based on the bank's performance across four perspectives: risk, financial ...

IPIF names investment lead, launches capital raise

ELIZABETH MCARTHUR  |  TUESDAY, 6 AUG 2019
Specialist unlisted infrastructure fund manager Infrastructure Partners Investment Fund (IPIF) has appointed a new chief investment officer and announced a capital raising. IPIF appointed Jonathan van Rooyen to the role of chief investment officer. ...

MLC Life appoints new executive

JAMIE WILLIAMSON  |  MONDAY, 5 AUG 2019
MLC Life Insurance has appointed a new executive, focused on driving new business in group insurance, from Freedom Insurance Group. Sean Williamson, most recently chief executive of the embattled Freedom Insurance Group, will join MLC Life this month ...

Boutique manager hires investment banking expert

KARREN VERGARA  |  THURSDAY, 1 AUG 2019
The former managing director of RBC Capital Markets has left to join an alternatives asset manager with $4.6 billion of funds under management. Metrics Credit Partners has hired Hamish Mitchell as investment director to lead its loan origination activities ...

Private equity fund raising $300m

KANIKA SOOD  |  WEDNESDAY, 31 JUL 2019
A Sydney-based fund is raising $300 million from instos, family offices and retail investors to further its investments in private equity, renewable energy and real estate. Federation Asset Management chair Greg Bundy, who was previously Merrill Lynch ...

London Stock Exchange in talks to buy Refinitiv

KRISTI CHENG  |  TUESDAY, 30 JUL 2019
London Stock Exchange has confirmed it is in talks to acquire Refinitiv in a US$27 billion deal. The deal would see the stock exchange buying Thomson Reuters' 45% stake in Refinitiv, a global provider of financial markets data and infrastructure that ...

Super fund commits $20m for housing affordability

KRISTI CHENG  |  TUESDAY, 30 JUL 2019
HESTA has invested $20 million to help improve housing affordability and sustainability via a scalable, innovative apartment project. Targeted at first home buyers, Affordable Housing clients and those working in key community occupations, 'Nightingale ...

Sydney portfolio manager on best female fundies list

KANIKA SOOD  |  TUESDAY, 30 JUL 2019
The Sydney-based portfolio manager of an Aussie equities fund has earned a spot on Citywire's list of the top 30 female fund managers across the globe. Kate Howitt, the manager for Fidelity Australian Opportunities Fund since 2012, came in at 27th ...

SuperFriend boosts leadership

ELIZABETH MCARTHUR  |  TUESDAY, 30 JUL 2019
The workplace wellbeing partner of the superannuation industry announced several newly created executive leadership roles as part of its expansion plans. Sandy MacLeod will become general manager of insurance solutions. He joins from CommInsure where ...