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Showing 5871 - 5880 of 11514 results for "DIV"

Shaw and Partners restructures management

ALEX BURKE  |  TUESDAY, 30 AUG 2016
Shaw and Partners has reorganised its management structure, appointing two co-chief executives. Under the new arrangement, managing director Allan Zion will be appointed co-chief executive alongside current head of private wealth Earl Evans, who was ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 30 AUG 2016
Australia HIA new home sales Fresh data released by the Housing Industry Association (HIA) on sales of new homes has triggered concerns that Australia's housing boom is coming to an end. New home sales dropped by 9.7% -- the fastest since May 2006 - ...

OneVue boss pleased with market position

MARK SMITH  |  MONDAY, 29 AUG 2016
Listed platform and fund services provider OneVue has a $4 million loss for the 12 months to 30 June, despite lifting services revenue by 19%. The $4 million loss this year follows a reported $220,000 loss in 2015. Though services revenue rose to $26.4 ...

Mastering the art of ignoring crises

MARK SMITH  |  MONDAY, 29 AUG 2016
The promise of outsized - but very infrequent - returns in financial markets can, like casinos, lead investors to trade in ways that destroys their wealth. That's the view of Capital Fund Management president Philippe Jordan who says investors who get ...

FIIG bolsters managed bonds service

JAMIE WILLIAMSON  |  MONDAY, 29 AUG 2016
FIIG Securities has introduced a Conservative Income Strategy option to its Managed Income Portfolio Service (MIPS) program. The new offering will provide investors with simplified access to professional management of investment grade senior and subordinated ...

Prime subsidiary acquires accounting firm

ALEX BURKE  |  FRIDAY, 26 AUG 2016
Prime Financial Group subsidiary MPR Group has acquired an accounting firm, expanding its accounting footprint in the process. Prime already had a minority interest in Melbourne-based Watermans International, but as part of MPR's strategic growth plan ...

Investors Mutual readying income focused LIC

MARK SMITH  |  THURSDAY, 25 AUG 2016
Investors Mutual (IML), the boutique Australian equity fund manager founded by Anton Tagliaferro, has flagged its intention to launch a new income focused listed investment company (LIC). The investment strategy of the new vehicle will replicate the ...

LIC helped by high gold and cash exposure

DARREN SNYDER  |  THURSDAY, 25 AUG 2016
Listed investment company Hunter Hall Global Value delivered an investment portfolio return of 12.3% last financial year, outperforming MSCI World by 11.9%. The LIC also produced an after tax profit of $30.5 million. Hunter Hall Global Value chairman ...

Parliament goes to war on super

DARREN SNYDER  |  THURSDAY, 25 AUG 2016
Superannuation policy is headlined as one of the federal government's first tests when parliament resumes next week, following opposition plans to amend some of the biggest changes to super in a decade. Opposition Leader Bill Shorten wants the $500,000 ...

Perpetual reports 8pc profit boost

ALEX BURKE  |  THURSDAY, 25 AUG 2016
Perpetual has reported an 8% boost in statutory net profit in its FY2016 results. The $132 million NPAT was largely driven by the $118.1 million before-tax profit in Perpetual's investment management business, even if this was 6% lower than the prior ...