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Showing 5211 - 5220 of 11513 results for "DIV"

Contango Asset Management chief departs

ALEX BURKE  |  TUESDAY, 31 OCT 2017
The managing director and chief investment officer of Contango Asset Management (CGA) has stepped down from his position. George Boubouras played a key role in the management buyout of CGA from Contango MicroCap, which saw the former change hands to ...

Janus Henderson recruits credit strategist

JAMIE WILLIAMSON  |  MONDAY, 30 OCT 2017
Omega Global Investors' head of portfolio management will join Janus Henderson Investors in the New Year. Joining the Australian Fixed Interest team as a credit strategist, Shan Kwee will commence in the new role from January 2018. Kwee will focus on ...

Ex-RBA Governor joins Macquarie

JAMIE WILLIAMSON  |  FRIDAY, 27 OCT 2017
Macquarie Group and Macquarie Bank will welcome a former Governor of the Reserve Bank of Australia to its boards next month. Glenn Stevens, who served as Governor between 2006 and 2016, will join both boards on November 1 as an independent director. ...

Advice industry compensation bill hits $37m

KARREN VERGARA  |  FRIDAY, 27 OCT 2017
The financial advice industry shelled out $37 million in FY17 to 2200 clients that suffered financially from bad advice, according to ASIC. The regulator completed 227 "high-intensity surveillances" of financial advisers and banned a total of 35 "bad ...

US recommends asset manager stress tests be removed

DARREN SNYDER  |  FRIDAY, 27 OCT 2017
US Treasury released a report overnight that makes several recommendations for its financial services industry, including the elimination of statutory stress testing for investment managers. The stress testing call came as part of several recommendations ...

Trustees must raise bar on good governance: APRA

KARREN VERGARA  |  THURSDAY, 26 OCT 2017
Superannuation trustees must do more than comply with a code to improve governance practices, particularly when it comes to board appointments and composition, APRA deputy chair Helen Rowell said. Rowell told an Australian Institute of Superannuation ...

ANZ Wealth drags group's earnings

KARREN VERGARA  |  THURSDAY, 26 OCT 2017
The sale of OnePath businesses will result in about $120 million in losses once the transaction is complete, ANZ flagged in its full-year results to September. Earlier this month the bank announced it will divest OnePath's pensions and investments ...

Australian Unity restructures for growth

JAMIE WILLIAMSON  |  THURSDAY, 26 OCT 2017
Australian Unity streamlined its business, including changes to management, as part of a transformation program to capitalise on its growth and to better meet customer needs. The company has created three individual divisions focused on the needs of ...

PM Capital wins global equities mandate

JAMIE WILLIAMSON  |  THURSDAY, 26 OCT 2017
PM Capital was awarded a new global equities mandate in recognition of its Global Companies Fund's strong performance. Alpha Fund Managers appointed the boutique firm to provide investment expertise to Alpha's diversified 'fund of fund' international ...

Pinnacle boutique launches $250m LIC offer

ALEX BURKE  |  WEDNESDAY, 25 OCT 2017
A Pinnacle affiliate has launched the initial public offering for a new small cap listed investment vehicle. Spheria Asset Management is aiming to raise up to $250 million for Spheria Emerging Companies Limited (SEC), which will invest in a portfolio ...