Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 121 - 130 of 1700 results for Michael Hobbs

Purvis attracts SMA mandate with new venture

MICHAEL HOBBS  |  THURSDAY, 13 MAY 2010
James Purvis, founder of one of the biggest financial planning research groups in Australia, has opened an implemented portfolio business that's attracting mandates from the managed account market. He founded Purvis, van Eyk and Company in 1989, now ...

Budget underwhelms planning groups

MICHAEL HOBBS  |  WEDNESDAY, 12 MAY 2010
Financial planning groups have applauded tax discounts on savings and higher super guarantee payments, but most don't expect the Federal Budget's announcements will heavily impact client strategies. The Rudd Government's Federal Budget announced last ...

Tasplan invests $21m in hedge fund strategies

MICHAEL HOBBS  |  TUESDAY, 11 MAY 2010
Tasplan has invested $21 million investment in AQR Capital Management's Wholesale DELTA fund. The mandate takes the local fund's assets under management to approximately $50 million. The AQR Wholesale DELTA fund was launched in September last year. ...

J.P. Morgan rolls out structured products to planners

MICHAEL HOBBS  |  TUESDAY, 11 MAY 2010
J.P. Morgan is working with financial planning dealer groups to cater to growing demand for white-labelled structured products. David Jones-Prichard, executive director of equity derivatives and structured products at J.P. Morgan, said rising investment ...

KiwiSaver eggs more savings, but not enough

MICHAEL HOBBS  |  TUESDAY, 11 MAY 2010
A survey has found far more New Zealanders are saving money for retirement but very few are using the KiwiSaver scheme to its full potential. AMP's SuperWatch survey found KiwiSaver is the preferred retirement savings option with 67 per cent of respondents ...

PGI global strategy wins $500m mandate

MICHAEL HOBBS  |  MONDAY, 10 MAY 2010
Principal Global Investors' Global Growth Equity has picked up a $500 million mandate from the Japanese government pension fund. John Pihlblad, portfolio manager of the strategy, said more than $4 billion is managed on behalf of clients outside the ...

Van Eyk head of strategic research joins Future Fund

MICHAEL HOBBS  |  MONDAY, 10 MAY 2010
Nigel Wilkin-Smith, head of strategic research at van Eyk, has left the research house after several years to join the Future Fund's strategy team - the second senior staff to leave the firm in less than a year. Wilkin-Smith said it was a difficult ...

Alliance Bernstein loses staff from Aus Equity Growth and Ind'l funds

MICHAEL HOBBS  |  MONDAY, 10 MAY 2010
Johan Carlberg, portfolio manager of AXA Australia's wholesale Australian Equity Growth and Industrials funds, and three analysts, have left the firm, prompting a 'sell' rating from S&P on both products. Standard & Poor's said the loss of Carlberg and ...

Investment managers gain fraud insurance

MICHAEL HOBBS  |  FRIDAY, 7 MAY 2010
Investment managers can insure the rogue traders or internal fraudsters after a local firm launched its suite of insurance products for financial services providers. Zurich Financial Services (Australia) launched two insurance options to the market ...

AMP corp super inflows fall

MICHAEL HOBBS  |  THURSDAY, 6 MAY 2010
AMP corporate super cash inflows fell due to lower rollovers and a decline in salary sacrifice contributions because of changes in concessional contribution caps, according to the firm's first quarter cash flows report. AMP Financial Services' corporate ...