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Showing 9891 - 9900 of 29084 results for "PRI"

AMP profits nose dive, dividends hit

KANIKA SOOD  |  FRIDAY, 25 JAN 2019
AMP is expecting to report about $30 million in profit attributable to shareholders for FY18, dragging down its final dividend for the year to four cents per share. Providing earnings guidance ahead of its annual results slated for February 14, the ...

AMP Capital starts new team, appoints two leads

KANIKA SOOD  |  FRIDAY, 25 JAN 2019
AMP Capital has set up a new investment team aimed at large institutional investors, appointing two heads. The global direct investments team will oversee direct investments made alongside AMP Capital's infrastructure equity funds. AMP Capital has ...

Australia Day: How the barbecue has changed

DARREN SNYDER  |  FRIDAY, 25 JAN 2019
Over the past 20 years, Australians have increasingly paid more for their meat at Australia Day barbecues. They're also more conscious about drinking alcohol to excess and should eat fruit salad. The Australian Bureau of Statistics (ABS) said sausages ...

Rest launches low-cost indexed options

KARREN VERGARA  |  FRIDAY, 25 JAN 2019
Industry superannuation fund Rest has launched new indexed options that do not charge investment fees. Introduced to Rest members in December 2018, the three new indexed investment choices offer Australian shares, overseas shares or a balanced option ...

Wealth group acquires asset manager stake

KARREN VERGARA  |  FRIDAY, 25 JAN 2019
Aura Group has acquired a majority stake (55%) in Vantage Point Asset Management in a bid to expand its funds management businesses. Aura said the acquisition will diversify its products to include more liquid absolute-return funds and provide Vantage ...

MTAA Super makes fee cuts

HARRISON WORLEY  |  FRIDAY, 25 JAN 2019
MTAA Super is cutting its administration fee by $0.10 a week - from $1.60 to $1.50 - in what amounts to an annual saving of 6%. Additionally, the fund has moved to eliminate the exit fee previously paid on amounts rolled out of the fund. It will make ...

Chief economist update: Good jobs bad jobs

BENJAMIN ONG  |  FRIDAY, 25 JAN 2019
Pop that cork! Roll out the barrels... the barrels of fun! The Australian Bureau of Statistics' (ABS) latest tracking of the labour market shows that we've got jobs and they're multiplying. Total employment grew by a greater-than-expected ...

Parametric critiques Productivity Commission's final report

HARRISON WORLEY  |  THURSDAY, 24 JAN 2019
Parametric have taken the final Productivity Commission report into superannuation to task in its latest research report. According to the firm, the PC missed an opportunity to highlight how super members retiring on after-tax returns are penalised ...

Wells Fargo AM chief moves to BMO

OSKAH DUNNIN  |  THURSDAY, 24 JAN 2019
BMO Global Asset Management has appointed a new chief executive following the retirement of its current leader. Joining BMO Global Asset Management in March is Kristi Mitchem. She will replace Richard Wilson on March 18. Mitchem is the current chief ...

Willis Towers Watson adds cyber specialist

HARRISON WORLEY  |  THURSDAY, 24 JAN 2019
Willis Towers Watson appointed a cyber specialist to its Australian arm. Benjamin Di Marco links with Willis Towers Watson from law firm Clyde & Co, where he spent almost four years, eventually establishing the firm's data privacy and cyber insurance ...