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Showing 7341 - 7350 of 11516 results for "DIV"

ANZ appoints a new head of Private Banking

HARRY PAGE  |  THURSDAY, 12 DEC 2013
ANZ has appointed Mike Norfolk, a former Royal Bank of Scotland banker to the newly created position of head of Private Banking in Australia. Norfolk's role will include managing private wealth and he will report to ANZ global wealth chief executive ...

AUI investors approve property fund merger

LAURA MILLAN  |  WEDNESDAY, 11 DEC 2013
Investors in Australian Unity Investments' (AUI) Fifth Commercial Trust (FCT) have approved the merger with AUI's Office Property Fund (OPF). The decision will result in a $370 million property fund which holds office properties in New South Wales ...

Market Wrap

AAP  |  WEDNESDAY, 11 DEC 2013
Australian shares are marginally weaker as a lacklustre lead from Wall Street weighs down the big miners and some banking stocks. A dip on US markets saw the Dow Jones Industrial Average and the the broad-based S&P 500 both shed about a third of a per ...

SMSFs eye offshore assets

MARK SMITH  |  WEDNESDAY, 11 DEC 2013
Self-managed super fund (SMSF) investors have signaled much stronger appetite for investing offshore compared to their non-self-managed counterparts. According to the latest Certitude Global Investing Intentions Index (CGIII) report, 50% of SMSF investors ...

Hedge fund growth plans hampered by lack of demand

MARK SMITH  |  WEDNESDAY, 11 DEC 2013
Two thirds of hedge fund managers have made growing their businesses a top strategic priority but a lack of demand from investors could be a major roadblock, according to a recent global EY survey. "In the current environment, fund managers are investing ...

LGS carbon screening possible, but not imminent

JAMES FERNYHOUGH  |  WEDNESDAY, 11 DEC 2013
The board of Local Government Super (LGS) will consider toughening its screening of investments in companies exposed to coal mining and other fossil fuels, but is unlikely to make any decisions before February, according to LGS head of sustainability ...

Market Wrap AM

AAP  |  TUESDAY, 10 DEC 2013
The Australian market looks set to open flat following rises on international markets after surprisingly strong US jobs figures. At 0840 AEDT on Tuesday, the December share price index futures contract was down two points at 5,141. QBE shares fell more ...

Super must not commingle with banks: ISA

JAMES FERNYHOUGH  |  MONDAY, 9 DEC 2013
The Financial Services Inquiry should focus on harnessing the power of super to fund Australia's real economy, as an alternative source of funding to the banking sector, Industry Super Australia (ISA) has said. In its submission to the draft terms of ...

"Boring" hedge funds shake gung-ho reputation

MARK SMITH  |  MONDAY, 9 DEC 2013
A decline in overall hedge fund returns relative to the wider equity market in the wake of the global financial crisis reflects a change in the demands of sophisticated investors, and is not a sign that alternatives are becoming less attractive, according ...

Franking credits hindering corporate bond market: AMP

JAMES FERNYHOUGH  |  FRIDAY, 6 DEC 2013
The franking credit system is hindering the development of a vibrant corporate bond market in Australia, according to AMP Capital's head of credit markets Jeff Brunton. Brunton said that franked dividends, which can provide a significant income particularly ...