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Showing 7281 - 7290 of 11516 results for "DIV"

CommInsure appoints head of investment strategy

LAURA MILLAN  |  FRIDAY, 14 FEB 2014
Former head of investments at Suncorp has been appointed head of investment strategy at CommInsure. Craig Lamb started his new role in December 2013 and is responsible for developing, implementing and reporting on Commonwealth Bank's insurance business ...

Two 'recommendations' awarded to Carnegie Trust

HARRY PAGE  |  FRIDAY, 14 FEB 2014
Lonsec and Zenith have given 'Recommended' ratings to the Carnegie WorldWide Equity Trust in the research houses' first review of the Trust. With the aim to provide access to Carnegie Asset Management's global equity strategy to Australian wholesale ...

Market Wrap

AAP  |  THURSDAY, 13 FEB 2014
The Australian sharemarket has opened slightly higher after Telstra lifted its first half profit by almost 10%. Telstra on Thursday morning announced a profit of $1.7 billion for the six months to December 31, up from $1.56 billion a year ago. "Clearly ...

Equip enlists Medibank for health insurance

MARK SMITH  |  THURSDAY, 13 FEB 2014
Private health insurer Medibank has partnered with industry super fund Equip to provide health insurance packages aligned to the needs of Equip's members. In a media release Equip said the move is aimed at enabling "a more holistic conversation with ...

FPA slams detractors of best interest amendment

LAURA MILLAN  |  WEDNESDAY, 12 FEB 2014
The Financial Planning Association (FPA) has stated that "consumers have nothing to fear from the proposed amendments" that will remove a sub-section of the Future of Financial Advice (FoFA) legislation referring to the best interest duty. "We are witnessing ...

Windham wins first Australian mandate

MARK SMITH  |  WEDNESDAY, 12 FEB 2014
Boston-based multi-sector manager Windham Capital Management has been awarded a $150 million mandate by an unnamed "prominent industry super fund." This is the first mandate in the Australian market for Windham Capital Management, following a number ...

Altair launches two funds for retail investors

MARK SMITH  |  WEDNESDAY, 12 FEB 2014
Altair Asset Management has launched two Australian equity funds for the retail market. The Altair Income Fund focuses on sustainable dividend income while the Altair Advantage Fund aims to achieve medium to long term capital growth. Altair is a high ...

CBA posts $4.27bn half year profit

AAP & ALICE URIBE  |  WEDNESDAY, 12 FEB 2014
Commonwealth Bank (CBA) has posted a $4.27 billion half year profit, up 14% on the previous year, helped along by strong growth in the wealth management division. The group's wealth management earnings as average funds under administration (FUA) grew ...

ANZ profit on the rise in first quarter

AAP  |  WEDNESDAY, 12 FEB 2014
ANZ revealed a double digit jump in its first quarter profit, on the back of growth in home lending and a surprise fall in bad debts ANZ's cash profit in the three months to December 31 grew by more than 13% to $1.73 billion. It is now on target to ...

CommInsure nabs exec from Swiss Re

LAURA MILLAN  |  TUESDAY, 11 FEB 2014
Former Swiss Re head of life and health in Australia and New Zealand has been appointed executive general manager at CommInsure, effective April 7, 2014. Helen Troup will be leading CommInsure and joining the wealth management leadership team, Commonwealth ...