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Showing 411 - 420 of 1443 results for "1885 book"

Regal Atlantic fund perks up in April

KANIKA SOOD  |  THURSDAY, 14 MAY 2020
Regal's Atlantic Absolute Return Fund posted a 14% rise in April, looking up from its -58.6% returns for March and -32% for February. The fund, which invests in global stocks and aims to max returns regardless of market fluctuations, benefited from ...

CBA sells 55% of CFS

JAMIE WILLIAMSON  |  WEDNESDAY, 13 MAY 2020
Commonwealth Bank is set to offload 55% of Colonial First State to a $335 billion global investment firm. Announced to the ASX this morning, CBA has entered an agreement to sell 55% of CFS to private equity firm KKR. CBA said the transaction implies ...

Macquarie advice shift offers mixed results

HARRISON WORLEY  |  FRIDAY, 8 MAY 2020
Macquarie's advice shift towards high-net-worth clients has both dragged and contributed to the firm's full-year results. Announcing its full-year results to the market today, Macquarie revealed its banking and financial services arm made a ...

Westpac to review business units

JAMIE WILLIAMSON  |  MONDAY, 4 MAY 2020
Westpac has determined several of its business units lack sufficient scale, including superannuation and investments, and is set to launch a review aimed at simplifying the group. Announcing results today, Westpac said it is establishing a new specialist ...

BlackRock, BNP Paribas form strategic alliance

HARRISON WORLEY  |  WEDNESDAY, 22 APR 2020
BNP Paribas and BlackRock have tied the knot on a strategic partnership designed to deliver integrated investment management capabilities to mutual clients. BNP Paribas Securities Services and BlackRock's Aladdin investment management platform have ...

Tail-risk hedging pays off for super fund

ELIZABETH MCARTHUR  |  THURSDAY, 16 APR 2020
A $10 billion industry superannuation fund has managed to lock in gains from a tail-risk hedging strategy during recent market volatility amid the COVID-19 pandemic. Vision Super has had tail-risk protection in place for its defined benefit plan for ...

ASIC demands compliance despite COVID-19

HARRISON WORLEY  |  THURSDAY, 16 APR 2020
The corporate regulator is warning companies keep their control framework in-line when working from home, after control failures led a betting agency to open a market covering the performance of the S&P/ASX 200 index. ASIC has publicly chided Sportsbet ...

Isolated advisers enter the digital age

ALLY SELBY  |  THURSDAY, 9 APR 2020
In an industry known for its reliance on pen and paper, financial advisers have been quick to pivot their business models in the face of COVID-19 and embrace technology. For tech-savvy advisers the COVID-19 spurred shutdown will likely see no material ...

Wholesale property fund revises down valuations

KANIKA SOOD  |  TUESDAY, 7 APR 2020
This morning, GPT Group told investors in two wholesale funds of downward revisions to the book value, citing combination of drop of rental income and retail valuations post COVID-19. The GPT Wholesale Shopping Centre Fund recorded an 11% decline in ...

Latest adviser exam results in

JAMIE WILLIAMSON  |  TUESDAY, 7 APR 2020
FASEA has announced more than 82% of financial advisers that sat the February exam were successful. Releasing the results today, the body said 2231 advisers sat the exam in mid-February and 82% passed. More than 30% of the advisers listed on ASIC's ...