Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 4351 - 4360 of 11511 results for "DIV"

Pension fund giant cuts BHP

KANIKA SOOD  |  THURSDAY, 9 MAY 2019
BHP Group is among several companies a $106 billion international pension fund has excluded from its investment universe as it aims to rid its portfolio of coal. Norway's Kommunal Landspensjonskasse (KLP) took the decision to divest almost $520,000 ...

SMSF wind-ups spike: ATO

ELIZABETH MCARTHUR  |  THURSDAY, 9 MAY 2019
The number of self-managed superannuation fund (SMSF) wind-ups shot up in the last 12-24 months, according to Australian Tax Office data. Latest ATO data reveals in 2014 the number of SMSF wind-ups was 12,654 and hovered around that point, reaching ...

UBS co-head of equities departs

KANIKA SOOD  |  WEDNESDAY, 8 MAY 2019
The co-head of equities for Australia and New Zealand at UBS stepped down after 15 years with the firm. Chris Williams had been in the role since May 2015 alongside Steve Boxall, who will now have the sole responsibility for the role. Williams joined ...

Female fintechs make better investments

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 MAY 2019
A new report by KPMG reveals fintechs founded by women are better investments than their male-founded counterparts. The UK Fintech Focus report analysed how the gender of those who found fintechs correlates to the success of those start-ups. It found ...

Janus Henderson EM team crumbles

KANIKA SOOD  |  TUESDAY, 7 MAY 2019
The emerging markets equities team at Janus Henderson Investors is getting ready to leave en masse, the firm confirmed. Head of global emerging market equities Glen Finegan departed on April 18 and is now on garden leave until October, Janus Henderson ...

The state of the banks

ELIZABETH MCARTHUR  |  TUESDAY, 7 MAY 2019
The big accounting firms have released their analysis of the big banks' half year results, noting a continued decline in cash profits for the first half of 2019. The major Australian banks reported a combined cash profit after tax from continuing operations ...

Financial advice drags BTFG results

KARREN VERGARA  |  MONDAY, 6 MAY 2019
BT Financial Group has farewelled a number of its advisers over the last six months as the group continues to offload its loss-making financial advice arm, its latest interim results show. BTFG has reduced its financial planning workforce by about 28% ...

Westpac profits down 24%, dividend flat

KANIKA SOOD  |  MONDAY, 6 MAY 2019
Westpac profits plunged 24% in the first half to $3.13 billion, as cash earnings fell across four of the group's five business divisions. "This is a disappointing result reflecting weaker business conditions and the bank dealing decisively with outstanding ...

ESG enthusiasm booms post-Royal Commission

ELIZABETH MCARTHUR  |  MONDAY, 6 MAY 2019
The Royal Commission may have pushed some businesses to prioritise environmental and ethical social governance (ESG), according to Perennial portfolio manager Damian Cottier. Perennial surveyed a series of listed companies, asking about their ESG priorities ...

GSFM announces strategic partnership

ELIZABETH MCARTHUR  |  MONDAY, 6 MAY 2019
GSFM has announced a strategic partnership with an overseas asset management firm. Canada-based Cambridge Global Asset Management will be partnering with GSFM to distribute the Cambridge Global Smaller Companies fund in the Australian and New Zealand ...