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Showing 8291 - 8300 of 11518 results for "DIV"

Perpetual completes retail distribution restructure

CLAIRE MCGREAL  |  WEDNESDAY, 22 FEB 2012
Former NAB/MLC Wealth head of national accounts and research Matt Thompson will join Perpetual next month as general manager strategic accounts. The move is part of a shake-up of Perpetual's retail distribution set-up announced in December, which sees ...

ALP leadership issues will delay FOFA: Chikarovski

MELANIE TIMBRELL  |  WEDNESDAY, 22 FEB 2012
The ALP leadership stoush is detracting from the government's responsibility and will likely cause further delays in gaining certainty around FOFA, said Kerry Chikarovski at an AFA event last night. The political strategist for the Association of Financial ...

Australia doesn't need a SWF

ALEX DUNNIN  |  TUESDAY, 21 FEB 2012
A new report by the Centre for Independent Studies says the Future Fund, Australia's de facto sovereign wealth fund, far from being a fiscally responsible way to rebalance intergenerational equity, is economically flawed. The reasoning behind the fund ...

Strong half year results for new Challenger boss

CLAIRE MCGREAL  |  MONDAY, 20 FEB 2012
Challenger's new chief Brian Benari has started off his new role on a positive note with the investment management firm posting strong half yearly results. Benari, who took over from Dominic Stevens on Friday, announced record interim total annuity ...

BEN announces solid results

ELISE BURGESS  |  MONDAY, 20 FEB 2012
Bendigo and Adelaide Bank has announced an after tax statutory profit of $57.9 million for the six months ending December 31 2011, forecasting a difficult six months ahead due to market volatility and revenue challenges. Bendigo and Adelaide Bank (BEN) ...

Managed funds have a place in SMSFs: Select

MELANIE TIMBRELL  |  FRIDAY, 17 FEB 2012
Managed funds have been losing ground to low-cost options, said one asset manager, leaving the sector with the difficult task of convincing investors looking for absolute return, that funds are a good idea. Speaking at the Self Managed Super Fund Professionals' ...

ANZ reaches $1.48bn in three months

ELISE BURGESS  |  FRIDAY, 17 FEB 2012
ANZ has recorded an unaudited underlying profit of $1.48 billion for the three months to December 31 2011, calling it a solid result during a difficult global period with volatility also impacting wealth management. In the Group's results, ANZ said ...

BlackRock chief named QIC's new boss

CLAIRE MCGREAL  |  THURSDAY, 16 FEB 2012
Wholesale funds manager QIC has appointed BlackRock head and managing director Damien Frawley as chief executive. Frawley takes over from Doug McTaggart who announced last year he would be stepping down in mid-2012. At BlackRock, Frawley was responsible ...

AMP results show continued AXA impact

ELISE BURGESS  |  THURSDAY, 16 FEB 2012
AMP Limited FY11 results have shown its AXA merge continues to drag on costs with net profit after tax of $688 million, down 11%, for the 12 months to the end of December. AMP Financial Services meanwhile posted mixed results with North platform and ...

Orchard changes name to re-brand

CLAIRE MCGREAL  |  THURSDAY, 16 FEB 2012
Property funds manager Orchard Capital Investment has changed its name to Arena Investment Management. Arena was bought by the real estate arm of Morgan Stanley in a deal that was finalised last month, which also saw the fund manager recapitlised to ...