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Showing 7501 - 7510 of 11516 results for "DIV"

Executive pay under spotlight in new ACSI guidelines

JAMES FERNYHOUGH  |  WEDNESDAY, 21 AUG 2013
The Australian Council of Superannuation Investors (ACSI) has published new governance guidelines outlining how it will assess the behaviour and performance of public company directors. The updated guidelines, developed in consultation with ACSI member ...

Aussie investors should have 90% of equity portfolio overseas

MARK SMITH  |  WEDNESDAY, 21 AUG 2013
While Australian investors now recognise they must broaden their horizons beyond domestic equities to take advantage of the growth opportunities available across the globe, favoured destinations like China and other South East Asian economies will not ...

NAB Wealth flat as bank's profit rises 2%

MARK SMITH  |  TUESDAY, 20 AUG 2013
National Australia Bank (NAB) has described stable earnings in its wealth division as it reports a 2% rise in cash profit to $1.5 billion in its latest quarterly update. The bank followed AMP and ANZ in expressing concern about the performance of its ...

Bendigo records $350 million in profits

JAMES FERNYHOUGH  |  MONDAY, 19 AUG 2013
Bendigo and Adelaide Bank (BEN) has announced profits and an after tax statutory profit of $352.3 million for the last financial year, a significant increase from $195 million in FY 2012. BEN also reported underlying cash earnings of $348 million, representing ...

Market Wrap

AAP  |  MONDAY, 19 AUG 2013
Australian shares are flat, with rises in energy companies underpinning much of the market. IG markets analyst Evan Lucas said several market heavyweights, including the Commonwealth Bank and Telstra, going ex-dividend were weighing on the market. But ...

Annuity sales reinforce solid Challenger result

MARK SMITH  |  MONDAY, 19 AUG 2013
Challenger Limited's total assets under management (AUM) has risen 34% to $44.8 billion in the 12 months to 30 June 2013 following record flows into its annuities and funds management businesses. Earnings before interest and tax stood at $365 million ...

Performance fees boost K2 profits in 2013

MARK SMITH  |  MONDAY, 19 AUG 2013
K2 Asset Management has announced an after tax profit of $13.2 million and final dividend of 4 cents per share for the year to 30 June 2013, after strong investment performance triggered performance fees. In an announcement on the Australian Securities ...

FIIG targets SMSFs with low-limit corporate bond

JAMES FERNYHOUGH  |  MONDAY, 19 AUG 2013
Fixed income broker FIIG Securities has cut the lower corporate bond investment limit to $10,000 in a move to attract more investment from the self-managed superannuation fund (SMSF) sector. FIIG had previously put the limit at $50,000, which was itself ...

ANZ profit, wealth FUM up despite insurance concerns

MARK SMITH  |  FRIDAY, 16 AUG 2013
Funds under management growth of 6% year-to-date in ANZ's global wealth division have helped the bank post a solid profit in its latest nine-month report. In a statement on the Australian Securities Exchange (ASX), the bank announced an unaudited 7% ...

Market Wrap PM

AAP  |  THURSDAY, 15 AUG 2013
The Australian share market has opened fractionally higher, boosted by the big miners. IG Markets market strategist Evan Lucas said the big miners - BHP Billiton, Rio Tinto and Fortescue Metals - were forging ahead on the back of stronger iron ore prices ...