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Showing 6911 - 6920 of 11514 results for "DIV"

market wrap PM

ALICE URIBE  |  FRIDAY, 7 NOV 2014
The Australian share market has opened slightly higher on positive leads from Wall Street but it's under pressure as two major banks go ex-dividend. The Dow Jones Industrial Average and S&P 500 again closed at record highs overnight, for the second ...

BetaShares launches new equity income fund

MARK SMITH  |  THURSDAY, 6 NOV 2014
Exchange traded fund (ETF) provider BetaShares is targeting SMSF investors and retirees with the launch of a new yield-focused ETF. The BetaShares Australian Dividend Harvester Fund (managed fund), will trade under the ASX code "HVST". It seeks to maximise ...

CBA wealth division shrugs off falling market

MARK SMITH  |  WEDNESDAY, 5 NOV 2014
The Commonwealth Bank's wealth management division has contributed to the bank's strong quarterly result, posting positive growth despite falling markets. Funds under management in the wealth division increased by 3.5% over the three months to 30 September ...

PIMCO rehires senior investment executive

MARK SMITH  |  TUESDAY, 4 NOV 2014
PIMCO has reappointed former senior portfolio manager Marc Seidner to a leading investment position. He rejoins the firm as chief investment officer - non-traditional strategies and head of portfolio management in the New York office. He will also sit ...

Cbus employees accused of perjury

JAMES FERNYHOUGH  |  MONDAY, 3 NOV 2014
Two Cbus employees have been accused of perjury and the fund's culture has been strongly criticised in a submission by the council assisting the Royal Commission into Trade Union Governance and Corruption. In his submission, council assisting Jeremy ...

The Infrastructure Fund reaches into Europe

MARK SMITH  |  MONDAY, 3 NOV 2014
The Infrastructure Fund (TIF) has taken a 7.5% stake in UK rail freight leasing company Porterbrook Rail Finance. The move is part of the broader investment strategy for TIF, overseen by trustee The Private Capital Group Pty Ltd (TPCG), to create a ...

In-housing creating consultant uncertainty

MARK SMITH  |  MONDAY, 3 NOV 2014
Asset consultants are jostling for position in a bid to combat the in-housing of super fund investment teams, with a variety of strategies emerging. At its recent annual Ideas Exchange in Melbourne, Towers Watson addressed superannuation fund CIOs some ...

BTFG earnings up 16%

MARK SMITH  |  MONDAY, 3 NOV 2014
Staying "close to advisers" to assist them cope with regulatory changes helped BT Financial Group (BTFG) to a solid full year result, according to the wealth manager. The company reported a 16% year-on-year increase in cash earnings to $895 million ...

Market Wrap AM

AAP  |  MONDAY, 3 NOV 2014
The Australian market looks set to open slightly higher after Wall Street gained more than one per cent following the Bank of Japan's surprise stimulus announcement ignited a rally on global stock exchanges. At 0818 AEST on Monday, the December share ...

AMP to enter Chinese pension market

JAMES FERNYHOUGH  |  FRIDAY, 31 OCT 2014
AMP has announced it will acquire a 19.99% stake in China's largest pension company, China Life Pension Company Limited, for $240 million. This will make AMP the first foreign company to take a stake in a Chinese pension company. Part of the deal will ...