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Showing 431 - 440 of 802 results for "Renewa"

ANZ profits hit by remediation, low rates

ELIZA BAVIN  |  THURSDAY, 31 OCT 2019
ANZ's full year profit fell 7% to $5.95 billion compared to last year, with the bank blaming record low interest rates, increased regulation and a rise in customer remediation costs. ANZ chief executive Shayne Elliott said: "This has been a challenging ...

Macquarie unveils green ambitions in New York

HARRISON WORLEY  |  FRIDAY, 27 SEP 2019
Macquarie Group is planning to develop a 20 gigawatt (GW) suite of renewable energy products through its Green Investment Group over the next five years. Revealed by chief executive Shemara Wikramanayake before fellow global business leaders at the ...

Foresight launches new wholesale fund

ELIZABETH MCARTHUR  |  TUESDAY, 10 SEP 2019
Global infrastructure and private equity manager Foresight has launched a new investment fund - its first foray into Australia's wholesale market. Tapping into the desire for green income, the Foresight Renewable Energy Income Fund will make loans of ...

YBR to remediate wealth clients

KARREN VERGARA  |  FRIDAY, 30 AUG 2019
Yellow Brick Road is expecting to compensate wealth clients close to $1 million for failing its fee disclosure statements obligations. During the 2019 financial year, the ASX-listed firm identified some advice clients with ongoing fee arrangements may ...

Macquarie Group raising $1bn

KANIKA SOOD  |  WEDNESDAY, 28 AUG 2019
Macquarie Group is raising $1 billion to chase new opportunities and maintain capital levels in light of ongoing regulatory change. Macquarie this morning announced a $1 billion non-underwritten institutional placement, which represents roughly 8.5 ...

ASIC to crack down on platform fees

ELIZABETH MCARTHUR  |  WEDNESDAY, 14 AUG 2019
Since the end of the Royal Commission, ASIC has been collecting information from platforms on the fees they charge and the financial advisers using them. In a letter obtained by Financial Standard, ASIC requested the names of every retail client who ...

Super fund names new chair

KARREN VERGARA  |  THURSDAY, 8 AUG 2019
A $23 billion superannuation fund has welcomed a new chair as the incumbent moves to a deputy chair position. VicSuper announced Wayne Kayler-Thomson stepped into the new role, switching roles with Christine Stewart, who has been chair since early 2017. ...

AMP MDA constraints frustrate advisers

ELIZABETH MCARTHUR  |  MONDAY, 5 AUG 2019
The additional conditions imposed on AMP Financial Planning's managed discretionary account (MDA) licence has resulted in so many constraints on financial advisers that the offering is reportedly "unusable". A source told Financial Standard that AMP ...

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 ...

Suncorp pressured on coal

ELIZABETH MCARTHUR  |  THURSDAY, 25 JUL 2019
Suncorp was hit with a shareholder resolution today demanding it reduce its investment and underwriting exposures to coal, oil and gas. Market Forces lodged the resolution on behalf of 100 Suncorp shareholders. Suncorp confirmed it has received the ...