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Showing 5381 - 5390 of 11513 results for "DIV"

Industry super fund appoints new chair

KARREN VERGARA  |  TUESDAY, 4 JUL 2017
A $10 billion industry superannuation fund named its first female chair this week. Sydney-based Local Government Super confirmed Woollahra councillor Katherine O'Regan now holds the top board position. O'Regan has been an LGS trustee and director since ...

Banks continue campaign to discredit SA bank tax

JAMIE WILLIAMSON  |  TUESDAY, 4 JUL 2017
Australia's big four banks again warned South Australians of the impact a state-based tax would have as the South Australian Liberal opposition confirmed it will move to block the tax's implementation. In an open letter to South Australian customers ...

Disengaged members vulnerable in super

EMMA RAPAPORT  |  MONDAY, 3 JUL 2017
A review by ASIC into member experience with superannuation has highlighted a number of key vulnerabilities for consumers. The report, which mapped three stages of the superannuation lifecycle - joining a fund, participating in a fund, and changing ...

Powerwrap raises $19.4 million for growth

JAMIE WILLIAMSON  |  FRIDAY, 30 JUN 2017
A $19.4 million capital raise by shareholders and other interested parties will see Powerwrap commence the next stage of its growth strategy, with the potential for an IPO later this year. Despite talk of a sale earlier in the year, the $6 billion platform ...

Zagga pitches alternative asset class

EMMA RAPAPORT  |  FRIDAY, 30 JUN 2017
A new marketplace lender is hoping to turn traditional investing on its head with a pitch to wholesale and sophisticated investors. Speaking at Zagga's Australian launch event in Sydney, company chief executive Alan Greenstein told potential investors ...

Short-termism obsession misses premia: Study

KARREN VERGARA  |  THURSDAY, 29 JUN 2017
Investors are missing out on return premiums of up to 1.5% per annum simply because they are too focused on quarterly earnings and short-term gains. Moving out of a short-termism mentality requires a "major shift" in asset managers' mindset and skills ...

Argo LIC shakes up investment mandate

ALEX BURKE  |  THURSDAY, 29 JUN 2017
Argo Investments' Argo Global Listed Infrastructure company is seeking shareholder approval to make a key change to its investment mandate. Under the current arrangement, the infrastructure LIC has a possible allocation of up to 20% in fixed income ...

Self-awareness, adaptability key for asset owners

KARREN VERGARA  |  WEDNESDAY, 28 JUN 2017
Self-awareness, adaptability and keeping a close eye on competitors are critical to the success of some of the world's top asset owners. Research conducted by Willis Towers Watson in conjunction with the Future Fund highlights the importance of having ...

Asset managers must overhaul operating model: Study

KARREN VERGARA  |  WEDNESDAY, 28 JUN 2017
Asset managers are finding it tough to achieve growth as a result of investors demanding better portfolio diversification and value for money. That is the view of about two-thirds of 500 global institutional investors highlighted in a State Street study ...

Wealth and investment leads Aussie fintech

EMMA RAPAPORT  |  WEDNESDAY, 28 JUN 2017
Wealth and investment is one of Australia's largest fintech sub-sectors according to an industry representative group. Releasing its first member ecosystem map, FinTech Australia showed wealth and investment sits alongside consumer and business lending ...