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| | | Platinum Capital Limited posted $29 million in net losses after tax for the half year ending December 31. The listed investment company (ASX: PMC) has $446 million in funds under management, invests in developed and emerging markets businesses, and ... |
| | | | The $11 billion equities manager has launched a fund that will invest in S&P/ASX 200 companies with the aim of paying monthly distributions. The Ausbil Active Dividend Income fund will generate dividend income through cyclical opportunities, earning ... |
| | | | AMP Capital has created a new managing director role for its Australian business and promoted its head of institutional. Marsha Beck has been promoted to the new role, effective immediately. Having joined in 2015, Beck was most recently leading AMP ... |
| | | | ... company's US headquarters to lead international systems. She will report directly to Vanguard Australia managing director Frank Kolimago. "Kim's technical and leadership expertise will be a valuable addition to Vanguard Australia as we continue to invest ... |
| | | | Several veterans of Australia's financial services industry were recognised over the long weekend in the 2019 Australia Day Honours List. Honoured for their service to the sector, the list features a number of familiar faces, including the chair ... |
| | | | ... Meanwhile, high-profile advice firm Pitcher Partners and Janus Henderson Investors are betting on the RBA holding its position. Frank Uhlenbruch, an investment strategist on Janus Henderson's Australian fixed income team, thinks the RBA is likely ... |
| | | | AMP is expecting to report about $30 million in profit attributable to shareholders for FY18, dragging down its final dividend for the year to four cents per share. Providing earnings guidance ahead of its annual results slated for February 14, the ... |
| | | | A former AMP Capital head of retail business is linking with Franklin Templeton to lead its retail efforts in Australia. Manuel Damianakis will join the global firm with a remit to drive its retail strategy and ensure financial advisers in Australia ... |
| | | | Amid the uncertainty surrounding the future of franking credit refunds, two listed investment companies are rewarding shareholders with special dividends. The Australian Foundation Investment Company (AFIC) and Mirrabooka announced they will pay special ... |
| | | | Labor's proposed franking credit reforms will substantially impact the income of more than one million Australians, forcing them to seek welfare. In an address yesterday, Alliance for a Fairer Retirement System chair Deborah Ralston said the vast majority ... |
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