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Showing 911 - 920 of 2324 results for "Generate"

BlackRock wakes up to climate change

ALLY SELBY  |  WEDNESDAY, 15 JAN 2020
... this by exiting "certain sectors"; namely thermal coal production. BlackRock will exit publicly-listed securities that generate more than 25% of their revenue from thermal coal production from its discretionary active investment portfolios, and by mid-2020 ...

JPMorgan Chase reports record profits

ALLY SELBY  |  WEDNESDAY, 15 JAN 2020
Global financial powerhouse JPMorgan Chase & Co has beat analyst expectations, seeing its most successful year on record. The investment bank raked in $52.8 billion (US$36.4 billion) in the fourth quarter in net income, up 12% from the previous year. ...

The Income Store closed for business

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 JAN 2020
... already been dissipated, we have sought and obtained emergency relief." The sales pitch for how exactly the websites would generate income is unclear, however, there is still evidence on Courtright's site of claims that websites could generate ongoing ...

LGIAsuper offloads European assets

ALLY SELBY  |  THURSDAY, 9 JAN 2020
The European real estate manager for LGIAsuper has sold-off two of its property assets in Paris and Copenhagen, raking in a nice $36.5 million for the Queensland-based super fund. Europa Capital sold its Semaphore investment, an office building west ...

Goldman Sachs realigns reporting structure

ALLY SELBY  |  WEDNESDAY, 8 JAN 2020
Global investment powerhouse Goldman Sachs has overnight announced new reporting structures for its financial results, in a move that will align the bank closer with its Wall Street peers. The changes come just a week short of the bank's fourth-quarter ...

Six charged in micro pump and dump scheme

ELIZABETH MCARTHUR  |  MONDAY, 6 JAN 2020
... engaged in other manipulative conduct, including by disguising the true sellers of securities, to defraud investors and generate illicit profits for themselves," said Marc Berger, director of the SEC's New York Regional Office. "We will continue to pursue ...

Westpac to pay $9.5m for Corps Act breaches

JAMIE WILLIAMSON  |  THURSDAY, 19 DEC 2019
... superannuation and insurance arrangements for Westpac products or those of entities associated with Westpac in order to generate greater fees and commissions. In reaching his decision, Justice Wigney said: "The relationship between Westpac and Mr Sinha ...

Super funds merge, leaders appointed

ELIZABETH MCARTHUR  |  FRIDAY, 13 DEC 2019
First State Super and VicSuper have confirmed a merger will go ahead, naming the chief executive and chair for the combined $125 billion fund. First State Super and VicSuper have signed a merger deed with a merger effective 1 July 2020. The merged funds ...

Pendal appoints impact investment team

ALLY SELBY  |  FRIDAY, 13 DEC 2019
... chief executive Richard Brandweiner said the fund will create positive change as well as returns. "This fund will seek to generate positive environmental and social outcomes alongside positive returns," he said. "We firmly believe that the creation of ...

ASIC lifts ban on new opaque active ETFs

KANIKA SOOD  |  WEDNESDAY, 11 DEC 2019
... particular, the use of the fund's portfolio composition information by the responsible entity or its market making agent to generate an internal, non-public 'fair value' as the reference price for market making may raise market integrity ...