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Showing 5921 - 5930 of 11514 results for "DIV"

K2 hurt by Brexit call

DARREN SNYDER  |  WEDNESDAY, 10 AUG 2016
K2 Asset Management says investor confidence was "the only true fatality" coming out of the Brexit referendum and it is encouraging investors to ride out the ebbs and flows of equity markets. In releasing the firm's FY16 results, chairman Campbell Neal ...

CBA posts record profit despite dip from wealth division

MARK SMITH  |  WEDNESDAY, 10 AUG 2016
A 6% dip in the cash profit of Commonwealth Bank's wealth management division did not hold the bank back from recording a record after tax cash profit of $9.45 billion for the 12 months to 30 June, up 3% on last year. Wealth Management cash net profit ...

BetaShares grows suite with two new sector ETFs

MARK SMITH  |  WEDNESDAY, 10 AUG 2016
BetaShares has launched two new exchange traded funds to give investors low-cost diversified exposure to global healthcare and agriculture stocks. The new funds are BetaShares Global Healthcare ETF - Currency Hedged (ASX: DRUG) and the BetaShares Global ...

ANZ nine-month cash profit down

KERRIE SYDEE  |  TUESDAY, 9 AUG 2016
ANZ Bank's third quarter cash profit for the financial year was down 3% to $5.2 billion as bad debt continues to claw at profits. The group highlighted an increase of 5% in profit before provisions, with income increasing at a quicker rate than expenses. ...

Vast majority of advisers turning to smart beta: VanEck

ALEX BURKE  |  TUESDAY, 9 AUG 2016
Over 90% of financial advisers and brokers are considering investing in smart beta strategies in the future, according to VanEck research. The research was based on a survey of 120 financial professionals and brokers working in an advisory capacity ...

WAM Research achieves record outperformance

MARK SMITH  |  MONDAY, 8 AUG 2016
Listed investment company WAM Research has reported record outperformance of 23.5% and healthy profit growth for the 12 months to 30 June. The investment portfolio increased 25.5%, outperforming its S&P/ASX All Companies All Ordinaries benchmark by ...

Bentleys NSW takes the leap into financial planning

KERRIE SYDEE  |  MONDAY, 8 AUG 2016
Mid-tier accounting, taxation and audit firm, Bentleys NSW, has launched a new financial advisory division, Bentleys Wealth Advisors. Led by newly appointed managing director of Bentleys Wealth Advisors, Matthew Cassidy, the division is focused on offering ...

Real estate debt funds to exceed 2015 growth: Preqin

ALEX BURKE  |  FRIDAY, 5 AUG 2016
The number of private equity real estate debt funds grew by 25% and aggregate target capital grew by 41% in the year to July 2016, according to Preqin research. From 2013 to 2015, fund managers worldwide raised roughly $75 billion for these strategies. ...

ANZ faces mis-selling allegations in court

ALEX BURKE  |  THURSDAY, 4 AUG 2016
The Administrative and Equal Opportunity Division of the Civil and Administrative Tribunal of New South Wales has allowed a case against ANZ and OnePath for mis-selling a life insurance product to proceed. Charles and Judith Cairns, New Zealand citizens ...

Economic Wrap

ALEX DUNNIN  |  THURSDAY, 4 AUG 2016
Why Australia's banks passed on only half this week's rate cut Australia's banks are being heavily criticised for not passing on the full effect of this week's rate cut to consumers in lower mortgage rates. But with almost 60% of bank funding coming ...