Janus Henderson Investors announces key promotion to strengthen existing footprint

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Janus Henderson Investors (ASX/NYSE: JHG) has announced the internal appointment of Mark Fensom as Retail Sales Director for Victoria and Tasmania. Based in Melbourne, Mark will be responsible for maintaining, developing and expanding existing relationships with financial advisers and selected dealer groups throughout Victoria and Tasmania. Matt Gaden, Head of Australia, said “We’re very pleased […]

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Equity Trustees delivers increased profit and positions for continuing growth

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EQT Holdings Limited (ASX: EQT), the holding company for Equity Trustees, yesterday announced a 12.7% increase in net profit to $22.2 million and growth in basic earnings per share of 11.7% for the year ended 30 June 2019. Revenue increased 4.6% to $92.5 million, while expenses grew by only 2.4%. Funds under management, administration and […]

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Plunging interest rates highlight growing need for new interest income opportunities

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Investors can find attractive and consistent income – as well as protect their capital – by gaining exposure to the alternative fixed income and private debt asset class, according to Australia’s leading non-bank corporate lender, Metrics Credit Partners (Metrics). “Obtaining consistent income in today’s record low interest rate environment is a challenge for investors,” said […]

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TAL announced as a winner of the 2019 Australian Business Awards

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TAL has won a 2019 Australian Business Award in the Community Contribution category for its “TAL SpotChecker” initiative. Now in its fourteenth year, The Australian Business Awards acknowledge progressive businesses, with the Community Contribution award recognising organisations’ initiatives that have a positive impact on the community and generate long-term, beneficial outcomes. TAL SpotChecker is a […]

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QE understanding is lacking

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The market’s current understanding of QE on supply and demand dynamics does not capture the true economic effects, says Chris Rands from Nikko AM. While the introduction of quantitative easing (QE) following the global financial crisis was an experiment in monetary policy, with no-one quite sure how it would play out, the unwinding of QE is […]

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Competition still best way to earn trust

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Heritage Bank has welcomed the financial sector reforms outlined by Treasurer Josh Frydenberg but issued a reminder to the Government that competition must continue to be encouraged as one of the best ways to restore trust in the sector. “As the largest mutual bank in Australia, and one that punches well above its weight, Heritage […]

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Thinktank bond trusts proving a positive for investors

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Investors have been the beneficiaries of specialist commercial property lender Thinktank’s decision to establish two investment bond trusts as an alternative to bank financing as a capital source for its commercial lending. On the one-year anniversary of the two funds, investors in the High Yield Trust have enjoyed returns ranging between an effective 8.48 per […]

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PPS Mutual bolsters team with new WA & SA State Manager and Senior Underwriter

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Specialist insurance company PPS Mutual has announced two new senior appointments, of Steve Salter to the position of State Manager of Western Australia & South Australia and David Lowe as Senior Underwriter. Mr Salter will report directly to PPS Mutual Director of Distribution Brian Pillemer and will be responsible for the management of key financial […]

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MyState Limited appoints new Non-Executive Director 

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MyState Limited (ASX:MYS), the ASX-listed banking and wealth management group, has announced the appointment of Vaughn Richtor as a Non Executive Director with effect from 1 September 2019. MyState Chairman, Miles Hampton, said: “We are very pleased to announce the appointment of Vaughn Richtor to the MyState Board. Vaughn is the former CEO of ING […]

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Plato Income Maximiser announces $200m entitlement offer to meet demand for income

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With official cash rates and bond yields plumbing to record lows, investors are increasingly looking for dividend payments as a replacement for their cash and fixed interest income. To help meet this increased demand, Plato Income Maximiser Limited (PL8 or the Company) today announced a $200 million entitlement offer. PL8 is the only Listed Investment Company (LIC) […]

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