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Showing 621 - 630 of 1917 results for "Lendi"

Make sure you have cash: Geoff Wilson

KANIKA SOOD  |  WEDNESDAY, 26 SEP 2018
Veteran investor Geoff Wilson says a bear market is inevitable and investors should check their cash holdings. WAM Capital is currently holding 29.2% in cash, WAM Leaders 14.6% and WAM Microcap 21.9%, the manager said in a conference call for media ...

Industry veterans join global commission

DARREN SNYDER  |  MONDAY, 24 SEP 2018
The chairman at a $6 billion Australian infrastructure fund and a former AIST chief executive are being welcomed as executives of a new global financial sector initiative which targets the end of modern slavery and human trafficking. Joining the newly-formed ...

Chief economist update: Steady as she goes

BENJAMIN ONG  |  FRIDAY, 14 SEP 2018
Yesterday's European Central Bank's (ECB) Governing Council meeting would have been a big ho-hum were it not for some minor, albeit significant, tweaks in the bank's outlook. As expected, the ECB left interest rates unchanged - the benchmark ...

Industry body rejects ABA banking code

KANIKA SOOD  |  MONDAY, 10 SEP 2018
Australian Banking Association chief executive Anna Bligh's call for mutual banks, credit unions and building societies to adopt the ABA's new banking code of practice has been labelled "gratuitous" by an industry body which says a better code of practice ...

Reverse mortgage lenders shortsighted: ASIC

KARREN VERGARA  |  WEDNESDAY, 29 AUG 2018
While older Australians are largely benefitting from reverse mortgages in the short term, many have a poor understanding of the risks and the long-term pitfalls, ASIC said. An ASIC review of reverse mortgage lending shows older Australians failed to ...

IRESS first half revenues up 8pct, wealth and lending lead

KANIKA SOOD  |  THURSDAY, 23 AUG 2018
IRESS group outstripped its 1H17 revenue by 8% to hit $230 million, led by the wealth and lending segments. Australia and New Zealand wealth management operating revenue totalled $67 million for the first half - up 9% on the previous corresponding period. ...

Industry fund contract under works at Link

KANIKA SOOD  |  FRIDAY, 17 AUG 2018
Link is in advanced stages of negotiating a contract with an industry fund, the administrator said in its FY18 earnings report. It remains in advanced stages of negotiating a long-term contract with Rest, the company said. The Rest contract has been ...

Finding value in Fairfax

JAMIE WILLIAMSON  |  WEDNESDAY, 15 AUG 2018
There are signs of life in Fairfax yet but the big banks are less promising, according to Auscap Asset Management. Speaking at the Financial Standard Adviser Big Day Out in Wollongong this morning, Auscap head of distribution Lee Hopperton provided ...

Chief economist update: Turkey's roasted

BENJAMIN ONG  |  MONDAY, 13 AUG 2018
Think it's called a "swan dive" not a "Turkey" dive but this is exactly what the Turkish lira did over the past week as it engaged the world's biggest superpower into a diplomatic stoush. "I fought the law and the law won." - The Clash America ...

CBA readies wealth demerger, records $9.2bn cash profit

DARREN SNYDER  |  WEDNESDAY, 8 AUG 2018
Investors looking to buy Commonwealth Bank's demerged wealth management arm now have a clearer picture about what it looks like - a business which has generated after-tax profit of more than $500 million for the past two years. NewCo, or Commonwealth ...