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Showing 7471 - 7480 of 11516 results for "DIV"

Cbus to divest tobacco holdings as stocks fall from highs

MARK SMITH  |  WEDNESDAY, 4 SEP 2013
Cbus Super will divest its holdings in tobacco companies in the interest of members and their long-term investment returns. The super fund has written to fund managers to instruct them to divest tobacco holdings immediately. Where Cbus invests through ...

The Trust Company to consider IOOF offer

LAURA MILLAN  |  TUESDAY, 3 SEP 2013
The Trust Company board will meet to consider IOOF buyout offer, which has stepped into the race to buy The Trust Company with a proposal it regards as superior to those of Equity Trustees and Perpetual. IOOF offer to buy the totality of The Trust Company ...

Jenepe AM launches IPO fund with London partner

MARK SMITH  |  TUESDAY, 3 SEP 2013
Australian investment manager Jenepe Asset Management has joined with London-based IPO Capital Partners in launching a fund targeting new listing opportunities. The Jenepe IPO Capital Fund is domiciled offshore in the Cayman Islands and will be managed ...

Market Wrap PM

AAP  |  MONDAY, 2 SEP 2013
The Australian stock market has started the week on a positive note thanks to stronger than expected Chinese manufacturing data. Commonwealth Bank market analyst Steven Daghlian said the market received a boost from the release of official Chinese manufacturing ...

MLC gets MySuper approval

LAURA MILLAN  |  MONDAY, 2 SEP 2013
The Australian Prudential Regulation Authority (APRA) has approved NAB-owned MLC MySuper offer. MLC MySuper and Plum MySuper will be available towards the end of the year and they include a single diversified investment strategy aimed at providing the ...

CBA institutional banking group exec resigns

LAURA MILLAN  |  MONDAY, 2 SEP 2013
The Commonwealth Bank's group executive of Institutional Banking and Markets has resigned from after four years in the role. CBA's chief executive Ian Narev confirmed that Ian Saines will be leaving the company at the end of 2013. CBA is not commenting ...

CFS adds Tyndall Australian share fund to FirstWrap

ALICE URIBE  |  MONDAY, 2 SEP 2013
Tyndall AM's Tyndall Australian Share Concentrated Fund has been added to Colonial First State's FirstWrap platform, as advisers see clients focus on total returns and become increasingly more risk aware. The fund was launched to the retail market in ...

Prime targets investment in accounting firms

MARK SMITH  |  FRIDAY, 30 AUG 2013
Prime Financial Group's growth plans centre on taking non-controlling equity stakes in accounting firms as well as recruiting them. The wealth management group has targeted growth beyond what it can achieve organically for the next financial year. Prime ...

Deutsche Bank dismisses mining fears

MARK SMITH  |  FRIDAY, 30 AUG 2013
Mining companies are poised for reasonable growth next year provided commodity prices don't take a nose dive, according to Deutsche Bank strategist Tim Baker. Speaking at a reporting season round-up lunch in Sydney, he said that recent weakness in the ...

NAB denies "new" offshoring program in face of job loss figures

ALICE URIBE  |  THURSDAY, 29 AUG 2013
National Australia Bank (NAB) has denied that it has a "new" offshoring program, despite a Finance Sector Union of Australia (FSU) tally stating that 133 jobs had been offshored this year. According to an FSU tally NAB has axed 571 staff, as the bank ...