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Showing 411 - 420 of 1611 results for "Prudent"

REITs better value than bonds, equities: LaSalle

ALLY SELBY  |  WEDNESDAY, 19 AUG 2020
... like these would be scary, but given the level of uncertainty surrounding the pandemic and lockdowns, the measures were prudent." She pointed to data centre REITs and cell tower REITs as being key beneficiaries of the COVID-19 crisis, thanks to a substantial ...

ANZ posts profit, announces dividend

ELIZA BAVIN  |  WEDNESDAY, 19 AUG 2020
... shareholders with the uncertain economic environment," Gonski said. "We agree with APRA's view that all ADIs should be prudent in considering dividends. We arrived at our decision independently and it sits comfortably within APRA's guidance." The banks ...

New chair at Platinum Asset Management

KANIKA SOOD  |  TUESDAY, 18 AUG 2020
Platinum has appointed a new chair as Michael Cole gets ready to retire after 13 years in the position. The firm also announced the departure of Kerr Neilson from the investment team. Cole will retire both as a non-executive director and the chair on ...

Westpac ditches dividend

ELIZA BAVIN  |  TUESDAY, 18 AUG 2020
... period," King said. "We have maintained our strong balance sheet and increased provisions for bad debts to support our prudent approach to managing impairments." The group posted an unaudited statutory net profit for the third quarter of $1.2 billion ...

Emerging market debt rebounds

ELIZA BAVIN  |  WEDNESDAY, 12 AUG 2020
... medium-to-long-term investors, the situation in global markets at present is still very fluid. In this respect, we believe it is prudent to weigh short-term factors appropriately, possibly giving them greater weight, while EM debt markets remain dyna ...

Future Super hires governance lead

ELIZABETH MCARTHUR  |  TUESDAY, 11 AUG 2020
Fossil fuel-free superannuation fund Future Super has appointed a head of governance and regulatory affairs who has had a long career at the prudential regulator. Fahmi Hosain has taken on the role, after almost 17 years at APRA. He served as the head ...

Advice firm awarded international certification

ELIZABETH MCARTHUR  |  MONDAY, 10 AUG 2020
... These include always putting clients' best interests first, managing conflicts of interest and acting at all times in a prudent and professional manner with a commitment to ethical behavior. "There is such disparity in the quality and range of services ...

APRA reopens for licences

ANNABELLE DICKSON  |  MONDAY, 10 AUG 2020
APRA will recommence issuing banking, insurance and superannuation licences after suspending the issuing of new licences due to the challenges new entrants would have been faced in light of economic uncertainty. The prudential regulator will also resume ...

ASX reviewing CHESS replacement feedback

ALLY SELBY  |  THURSDAY, 6 AUG 2020
... the industry with more flexible, innovative technology. "This requires prioritisation by ASX and CHESS users, but also prudent planning given the impact of COVID-19 to ensure that CHESS is replaced both in a safe and timely manner," it said. The new ...

Financial comfort reliant on fiscal support: ME Bank

ANNABELLE DICKSON  |  THURSDAY, 30 JUL 2020
... recorded in 2014. ME Bank's consulting economist Jeff Oughton attributed the high financial comfort to a combination of prudent financial actions by households in response to the pandemic as well as JobKeeper, JobSeeker and the Early Release of Super ...