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Showing 7601 - 7610 of 11516 results for "DIV"

Aust shares weaken ahead of RBA minutes

AAP  |  TUESDAY, 18 JUN 2013
Australian shares are weaker as traders nervously await the Reserve Bank's June board meeting minutes, with the big banks and miners suffering losses. IG market strategist Stan Shamu said investors were regarding a July rate cut as a less likely prospect. ...

Grant Samuel reaches milestone with shareholder yield funds

JAMES FERNYHOUGH  |  TUESDAY, 18 JUN 2013
The Grant Samuel Epoch Global Equity Shareholder Yield Funds have celebrated their fifth birthday, with funds under management in their retail pools of $800 million. The funds, which are managed by New York firm Epoch Investment Partners, offer a high ...

Customised portfolios ease FoFA burden

MARK SMITH  |  TUESDAY, 18 JUN 2013
Customised multi-asset portfolios regulated under unit trust schemes can help advisers comply with the new FoFA regime coming into force on 1 July. Select Asset Management (Select) has urged Australian financial advice firms to review the underlying ...

Zurich awards Presima global REIT mandate

MARK SMITH  |  MONDAY, 17 JUN 2013
Montreal-based global listed real estate boutique fund manager Presima has been awarded a $63 million mandate by Zurich Financial Services Australia (Zurich). Presima chief executive Peter Zabierek said he was extremely pleased Presima would be managing ...

CBA launches MySuper compliant product

ALICE URIBE  |  MONDAY, 17 JUN 2013
The Commonwealth Bank (CBA) has targeted its small business and younger unadvised customers with the launch of a simple, low-cost superannuation offering. The product called, Essential Super, will be rolled out to CBA's customers from July 1, and is ...

Tyndall mulls World Equities retail launch

MARK SMITH  |  MONDAY, 17 JUN 2013
Tyndall AM is considering making its top-performing World Equities multi-manager fund available to Australian retail investors after a successful retail launch in New Zealand. Tyndall head of the Multi-Manager Ken Ostergaard said that a regulatory overhaul ...

Arena REIT lists on the ASX

ALICE URIBE  |  FRIDAY, 14 JUN 2013
The Arena Real Estate Investment Trust (REIT) has listed on the Australian Securities Exchange (ASX). Arena REIT investment mandate including in investing in childcare, education, healthcare and government The fund is raising $75 million by the issue ...

Asian LGBT advice firm headhunts Aussie planners

MARK SMITH  |  FRIDAY, 14 JUN 2013
Hong Kong-based Financial Partners, the advisory firm behind Asia's first LGBT (Lesbian, Gay, Bisexual and Transgender) wealth management business, is actively recruiting Australian financial planners to the specialist division. Financial Partners has ...

Former BT super head moves up Westpac ranks

MARK SMITH  |  FRIDAY, 14 JUN 2013
A former BT head of Personal Superannuation has been appointed head of home ownership at Westpac. Described as a rising star by the media, Melanie Evans was previously chief of staff to the bank's financial services chief executive Brian Hartzer. Prior ...

Fund manager dismisses super fund fee demands

MARK SMITH  |  FRIDAY, 14 JUN 2013
While institutional investors have a tendency to negotiate aggressively on the amount they pay for fund managers' expertise, Platinum Asset Management chief investment officer Andrew Clifford said cutting fees does not automatically result in better ...