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Showing 8031 - 8040 of 20556 results for "BEN"

ANZ to sell Asian retail, wealth businesses

JAMIE WILLIAMSON  |  MONDAY, 31 OCT 2016
ANZ is set to sell its retail and wealth businesses across five Asian countries to a Singapore bank. ANZ has entered an agreement with DBS Bank to acquire ANZ's branch network across Singapore, Hong Kong, China, Taiwan and Indonesia. The transaction ...

Raising rates on soybeans

BENJAMIN ONG  |  MONDAY, 31 OCT 2016
The US economy just recorded its fastest rate of expansion since the third quarter of 2014 and at a seasonally adjusted annualised rate of 2.9%, the September quarter's scorecard is more than double the previous period's 1.4% increase and also better ...

PIMCO to take RE in-house

ALEX BURKE  |  MONDAY, 31 OCT 2016
PIMCO has obtained a responsible entity license in Australia and plans to internalise RE for its $10 billion managed funds suite. Subject to unitholder approval, PIMCO will then be the RE for the funds available to Australian investors, including the ...

YBR hits back at Bouris expose

ALEX BURKE  |  FRIDAY, 28 OCT 2016
Yellow Brick Road has denied suggestions made in an ABC report that shareholders want executive chair Mark Bouris removed from the company. The ABC report aired alleged shareholder concerns about the direction of YBR as well as remuneration arrangements ...

Macquarie reports $1bn net profit

ALEX BURKE  |  FRIDAY, 28 OCT 2016
Macquarie has reported a net profit of $1.05 billion for the first half of 2017. This figure is down 2% on the prior corresponding period, but up 8% on 2H16. Operating income was up 8% on the previous six months to $5.2 billion. The group has declared ...

IRESS partners with UK wealth firm

ALEX BURKE  |  FRIDAY, 28 OCT 2016
IRESS has entered a long-term strategic partnership with a $46 billion wealth management firm in the UK. The technology firm has developed a wealth platform for Tilney Bestinvest, which manages assets for private clients, charities and financial advisers. ...

ASIC permanently bans jailed adviser

KERRIE SYDEE  |  FRIDAY, 28 OCT 2016
ASIC has permanently banned a financial adviser after she was sentenced to imprisonment for fraud and stealing. Queensland based Linda Whelan was permanently banned from providing financial services or engaging in credit activity after she was sentenced ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 28 OCT 2016
Australia export and import prices When the Australian Bureau of Statistics (ABS) released the June quarter National Accounts last September, one notable piece of information was the bureau's mention that "The Terms of trade increased by 2.3% in seasonally ...

Advisers optimistic amid challenges

KERRIE SYDEE  |  THURSDAY, 27 OCT 2016
Financial advisers around the world remain optimistic about the future of their businesses despite facing a growing number of regulatory changes, according to a new study by Vanguard. Vanguard's 2016 Global Adviser Trends Survey gained insights from ...

The infrastructure benchmark challenge

KERRIE SYDEE  |  THURSDAY, 27 OCT 2016
Despite the prominence of infrastructure as a standalone asset class, the absence of a widely accepted benchmark makes it difficult for investors to analyse the asset class, according to executive director, head of infrastructure research at J.P. Morgan ...