Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 7031 - 7040 of 11516 results for "DIV"

Invesco launches new fund

MARK SMITH  |  WEDNESDAY, 20 AUG 2014
Invesco Australia has launched a new capital defensive income fund to the wholesale market. The Invesco Wholesale Senior Secured Income Fund opened on 14 August. It invests in US and European senior secured loans with a focus on income and preservation ...

Challenger to raise $530m to fund further annuities growth

MARK SMITH  |  WEDNESDAY, 20 AUG 2014
Challenger is looking to raise a total of $530 million to inject further growth in its booming annuities business. The figure will be raised from a combination of a $250 million institutional share placement, a $30 million retail share placement and ...

IOOF completes SFGA buyout

LAURA MILLAN  |  WEDNESDAY, 20 AUG 2014
IOOF has effectively completed the acquisition of 100% of the shares in SFG Australia, following the buyout proposal made public in May. As part of the scheme of arrangement, SFGA shareholders could elect to receive IOOF shares only or a cash alternative ...

Licensees must be more open to social media: AFA

ALICE URIBE  |  TUESDAY, 19 AUG 2014
Licensees that allow advisers to be active on social media could soon be more appealing to advisers according the Association of Financial Advisers chief executive Brad Fox. Speaking on a panel at the AdviserEdge Social Advice Summit on the Gold Coast ...

Market wrap

AAP  |  TUESDAY, 19 AUG 2014
The Australian stock market is higher, following strong leads from the US and Europe. CMC markets chief market strategist Michael McCarthy said an engaging of concerns over the situation in Ukraine had helped boost global market sentiment. Wall Street's ...

Fund managers: Tide turning in emerging markets

MARK SMITH  |  TUESDAY, 19 AUG 2014
AllianceBernstein and Van Eck Global have joined a growing chorus of fund managers who say the worst is over in emerging markets and now is looking like a good entry point for long-term investors. According to Rainmaker data, the MSCI Emerging Markets ...

QV Equities raises $180m

MARK SMITH  |  MONDAY, 18 AUG 2014
Investors Mutual has raised more than $180m for its new listed investment company (LIC), QV Equities (QVE). The launch of the product last month targeted self-managed super funds (SMSFs) and high net worth investors looking for a diversified share portfolio ...

Brumbie: Super idea, super silly reaction

ALEX DUNNIN  |  MONDAY, 18 AUG 2014
Here we go again; a parliamentarian proposes a policy response to housing affordability involving superannuation and trade-side interest groups circle the wagons, warning of capital market calamity. Triggering this latest ruckus is that at end July ...

Magellan profits jump 71%

MARK SMITH  |  FRIDAY, 15 AUG 2014
Magellan Financial Group has reported net profit after tax of $82.9 million for the full year to 30 June, an increase of 71% on last year. Earnings per share also rose 67% to 48.9 cents while the group was able to increase its dividend 78% to 38.3 cents ...

Macquarie forced to contact all advice clients for remediation

LAURA MILLAN  |  FRIDAY, 15 AUG 2014
Macquarie Equities Limited (MEL) must contact all clients who received advice from its financial planning arm, Macquarie Private Wealth (MPW), going back to 2004 following action from the regulator. Under the enforceable undertaking (EU) in place since ...