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Showing 6891 - 6900 of 11514 results for "DIV"

Industry seizes China FTA opportunities

JAMES FERNYHOUGH  |  TUESDAY, 18 NOV 2014
The financial services industry has been quick off the mark following the signing of a free trade agreement (FTA) between Australia and China yesterday, with many Australian institutions already announcing their own deals with Chinese businesses and ...

IFM Investors wins UK pension fund mandates

JAMES FERNYHOUGH  |  TUESDAY, 18 NOV 2014
IFM Investors have won two infrastructure investment mandates worth $364 million from two UK local government pension funds, Avon Pension Fund and Dorset County Pension Fund. The mandates will be invested in IFM Investors' portfolio of core equity ...

NAB profits dip on UK write down

JAMES FERNYHOUGH  |  MONDAY, 17 NOV 2014
National Australia Bank has announced annual 2014 net profit of $5.3 billion, a 1.1% decrease from 2013. Cash earnings and cash return on equity also dropped. NAB announced cash earnings of $5.18 billion and cash return on equity of 11.8%, a 9.8% and ...

Global dividends reach record high

MARK SMITH  |  MONDAY, 17 NOV 2014
A slowdown in Australian dividend payments did little to dent dividends globally as payments broke the existing record for the September quarter. Global dividends reached US$288.1 billion in Q3, a record for the third quarter, according to the latest ...

Market wrap

AAP  |  MONDAY, 17 NOV 2014
The Australian sharemarket has opened flat as weakness in banking stocks offsets gains from the resources sector. IG market strategist Stan Shamu said the market was more or less following the lead of Wall Street which finished flat on Friday. He said ...

NAB appoints private wealth manager

MARK SMITH  |  FRIDAY, 14 NOV 2014
NAB has appointed a New South Wales general manager to its private wealth division. Jason Murray joins the company from UK listed mining firm Sirius Minerals where he was chief financial officer. Prior to that he was head of capital markets at Bank ...

The Future Fund is not a super fund: Costello

JAMES FERNYHOUGH  |  THURSDAY, 13 NOV 2014
The Future Fund is categorically not a superannuation fund, Peter Costello has reminded superannuation professionals at the Association of Superannuation Funds of Australia conference. The former treasurer and current Future Fund chair said that, far ...

ASFA launches blueprint for post-retirement system

JAMES FERNYHOUGH  |  THURSDAY, 13 NOV 2014
The Association of Superannuation Funds of Australia (ASFA) has attempted to break the deadlock on retirement income innovation with the launch of a paper that sets out a framework for building an effective post-retirement system. Entitled A New Framework ...

CBA chairman defends compensation program at AGM

LAURA MILLAN  |  THURSDAY, 13 NOV 2014
Commonwealth Bank (CBA) chairman David Turner defended the bank's performance and its reaction to the financial planning scandals in front of shareholders at the annual general meeting in Melbourne yesterday. "We know that saying sorry is not enough ...

Market wrap

AAP  |  WEDNESDAY, 12 NOV 2014
Australia's share market is weaker as declining iron ore prices hit the big miners. Gold and base metals rose during the London trading session but it was concern about iron ore falling below $US75 a tonne which hit BHP Billiton and Rio Tinto, Patersons ...