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Showing 5121 - 5130 of 11513 results for "DIV"

AMP Capital strengthens restructured equities team

JAMIE WILLIAMSON  |  WEDNESDAY, 20 DEC 2017
In the wake of shuttering its core Australian equities capabilities and restructuring its domestic investment team, AMP Capital is welcoming two new portfolio managers and an analyst to the business. Joining from IFM Investors, Matthew Griffin will ...

BTFG head of platforms to depart

JAMIE WILLIAMSON  |  TUESDAY, 19 DEC 2017
BT Financial Group's head of platforms is leaving the business. A spokesperson for the group confirmed the resignation of Kelly Power, wishing her the best of luck in her next chapter. "We thank Kelly for the outstanding contribution she has made to ...

Industry split on life insurance cover: Poll

KARREN VERGARA  |  MONDAY, 18 DEC 2017
Whether or not superannuation funds should stop charging life insurance cover after 13 months without contributions has divided the industry, Financial Standard's weekly survey results show. Forty-nine percent of respondents said it's only fair superannuation ...

Big 4, AMP fork out massive compensation bill

KARREN VERGARA  |  MONDAY, 18 DEC 2017
AMP and the big four banks refunded customers $215.9 million for charging ongoing advice fees that failed to provide actual general or personal advice. ASIC said this was in addition to the fees-for-no-service compensation figures identified in Report ...

IOOF research boss tenders resignation

ALEX BURKE  |  MONDAY, 18 DEC 2017
IOOF's group head of research and portfolio construction, who took over the company's research functions in early 2015 after the acquisition of SFG Australia, will leave in March next year. Matthew Drennan took on the head research role around the same ...

Alpha Fund Managers awards income mandate

JAMIE WILLIAMSON  |  MONDAY, 18 DEC 2017
Alpha Fund Managers has awarded a mandate to a specialist credit investment manager. Blue Quay will join the lineup of Alpha's Diversified Income Fund portfolio. Now in its fifth year, the Blue Quay High Income Fund from Blue Quay Investment Management ...

Fiducian acquires three client books worth $40m in FUA

ALEX BURKE  |  FRIDAY, 15 DEC 2017
Fiducian has added three financial planning client books, collectively representing an additional $40.9 million in funds under advice. The transactions were funded by excess cash; client bases are located in Perth, Melbourne and the Sunshine Coast ...

Former Myer Family Company chief joins $1.1bn manager

KARREN VERGARA  |  FRIDAY, 15 DEC 2017
A $1.1 billion fund manager appointed the former general manager of Myer Family Company as its new chief executive. Mathew Browning will take the reins of ethical fund manager, UCA Funds Management, replacing Michael Walsh, who will retire on 28 February ...

Platinum sells $24m Asia stake

ALEX BURKE  |  THURSDAY, 14 DEC 2017
Platinum Investment Management is selling $24 million worth of shares in its Asia listed investment company, the underlying strategy of which was recently rated as one of the top-performing funds of its ilk by Morningstar. Platinum Asia Investments ...

Listed advice firm loses major shareholder

ALEX BURKE  |  THURSDAY, 14 DEC 2017
A listed financial planning and broking firm with over $40 billion in funds under advice told the ASX that a major shareholder and global financial services group has sold down its stake in the company. UBS owned 15.8% of Bell Financial Group; Bell ...