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Showing 5911 - 5920 of 11514 results for "DIV"

Sell everything (again?)

BENJAMIN ONG  |  MONDAY, 15 AUG 2016
In a week punctuated by disappointing key stats from the world's major economies, something strange in our neighbourhood happened... Wall Street produced a trifecta. The Dow, the S&P 500 and the Nasdaq all closed at record highs on the 11th of August ...

Court approves OneVue merger meeting

ALEX BURKE  |  FRIDAY, 12 AUG 2016
The Federal Court has made orders approving the meeting of Diversa shareholders to vote on a merger with OneVue. As previously reported in Financial Standard, OneVue will acquire all of Diversa's ordinary shares. The combined business will have a market ...

Hunter Hall delivers profit boost

ALEX BURKE  |  FRIDAY, 12 AUG 2016
Hunter Hall delivered an 86.8% boost in statutory after-tax profit to $7.8 million in the year to 30 June 2016. This was driven by major gains in investment income and performance fees - even if funds under management only increased slightly by 1.9% ...

BlackRock publishes staff gender split

MARK SMITH  |  FRIDAY, 12 AUG 2016
BlackRock, the world's largest asset manager, has become the latest to join a handful of firms publishing the gender split of their staff as well as what proportion of women hold senior management roles. The move comes amid growing concerns about the ...

Investment manager announces takeover offer

DARREN SNYDER  |  FRIDAY, 12 AUG 2016
Mercantile Investment Company subsidiary, Mercantile OFM, is working through a proposed takeover of shipping services firm Richfield International. Mercantile, an investment manager principally investing directly and through controlled entities in securities ...

PROFILE: Qantas Super chief executive Michael Clancy

DARREN SNYDER  |  FRIDAY, 12 AUG 2016
Qantas Super chief executive Michael Clancy believes it is within most people's means to better understand and engage with their superannuation. It is this mantra that will help shape the corporate super fund. Every time Michael Clancy steps off a Qantas ...

Magellan full year profits up 14%

MARK SMITH  |  THURSDAY, 11 AUG 2016
Magellan Financial Group has seen its net after tax profit increase 14% to $198.4 million in the last financial year. Funds under management rose 11% to total $40.5 billion at 30 June with 83% of assets in global equities and 17% in infrastructure equities. ...

Bell FG delivers flat HY profit

KERRIE SYDEE  |  THURSDAY, 11 AUG 2016
Bell Financial Group has delivered a half year net profit of $5.7 million, the same profit the group delivered in 1H 2015. Revenue was up by 2% in 1HY 2016 to $84.7 million, slightly higher than the $83 million recorded in 1H 2015. The group has declared ...

NAB appoints custody sales GM

ALEX BURKE  |  THURSDAY, 11 AUG 2016
NAB Asset Servicing has appointed a new general manager, sales and relationships. Ken Shaw joins NAS from Novarca, where he was managing director, Australia and New Zealand. Prior to Novarca, he was head of sales at relationship management at BNP Paribas ...

Mercer funds added to two platforms

MARK SMITH  |  WEDNESDAY, 10 AUG 2016
Five Mercer multi-manager funds have been added to the Macquarie Wrap and HUB24 superannuation and pension platforms, broadening Mercer's strategic relationship with the retail investor market. The funds include: Mercer Conservative Growth, Mercer Defensive ...