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Showing 781 - 790 of 2375 results for "Majority"

CBA remediation bill drags performance

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2019
... (CFP) and the New Zealand arm, generated $1.1 billion in income - a decrease of $47 million or 4% on the prior year. The majority of this income came from CFS, which contributed $862 million, up $21 million or 2%. This was driven mainly by growth in ...

Fossil fuel holdings cost BlackRock investors $90bn

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2019
... July 2015, IEEFA calculated BlackRock's loss amounted to US$2.3 billion. BlackRock responded, stating that the large majority of its equity holdings - including those cited in this report - are held through index-based ETFs and other index products ...

Pinnacle profits up 32%

KANIKA SOOD  |  TUESDAY, 6 AUG 2019
... listed funds (LICs, LITs and recently ETFs) which accounted for almost a third of retail inflows of the year $2.9 billion. Majority of net institutional inflows came from Firetrail, a long short boutique set up by former Macquarie portfolio managers. ...

Woodford suspension extended again

ELIZABETH MCARTHUR  |  MONDAY, 5 AUG 2019
... suspension, Woodford has consistently guaranteed the portfolio will still be focussed on undervalued companies but the majority of them will be FTSE 100 and FTSE 250 companies. "Admittedly, this strategy has not delivered the returns we had anticipated ...

Survey backs SG increases

KARREN VERGARA  |  MONDAY, 5 AUG 2019
... Financial Standard 's latest spot poll have welcomed the pending increases to the Superannuation Guarantee beyond 9.5%. The majority (79%) of respondents support the legislated incremental increases to the SG starting from 1 July 2021, in which the minimum ...

Advice resilient under pressure: Research

ELIZABETH MCARTHUR  |  THURSDAY, 1 AUG 2019
... director Recep Peker said: "While heightened regulation will add time and cost pressures to their business, the vast majority of financial planners have no plans for leaving." He added that advisers face the task of having to adapt their businesses to ...

Managed accounts hit milestone

ELIZABETH MCARTHUR  |  WEDNESDAY, 31 JUL 2019
... December 2018 quarter as advisers rushed to get ahead of the FASEA deadline. Non-aligned advisers are now well in the majority with 58% using non-institutionally owned licensees. The five largest groups associated with non-institutionally owned licensees ...

London Stock Exchange in talks to buy Refinitiv

KRISTI CHENG  |  TUESDAY, 30 JUL 2019
... future growth in an evolving landscape," the LSE said. The proposed deal comes less than a year after Blackstone bought a majority stake in Refinitiv, with a private equity consortium, from Thomson Reuters in a US$20 billion deal. Refinitiv had US$12.2 ...

Schroders acquires majority stake in impact investor

KRISTI CHENG  |  MONDAY, 29 JUL 2019
Global asset manager Schroders has acquired a majority stake in Swiss impact investor BlueOrchard Finance. The financial terms of the deal have not been disclosed, with the acquisition expected to complete in the second half of 2019. Schroders now has ...

IPOs fewer but performing well

KANIKA SOOD  |  THURSDAY, 25 JUL 2019
... tending to outperform the market which has itself had a good six months," HLB Mann Judd partner Marcus Ohm said. "The majority of industry sectors also performed well, with ten sectors recording first day gains, and ten sectors also recording positive ...