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General

Commonwealth faces up to "challenging" market

THURSDAY, 27 MAR 2003 12:47PM

The Commonwealth Bank of Australia's (CBA) total assets under management fell $11 billion to around $95 billion in the second half of 2002 against a backdrop of tough market conditions and a preference for 'value' style management...

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Editor's Choice

Praemium's new leadership toughens earnings yardstick

RIDDHIMA TALWANI

Praemium's new leadership will be keeping a close eye on costs, with new chief executive Denis Orrock noting he will make sure the technology upgrade underway translates into stronger earnings and better returns for shareholders.

Australian Ethical FUM drops by $70m

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Australian Ethical saw a net outflow of $100 million in its investment business in the first quarter of the financial year.

Perennial expands wholesale offer for pre-IPOs

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Perennial Partners is launching a new strategy for wholesale investors to capitalise on global pre-IPO opportunities, requiring a minimum investment of $100,000.

Macquarie wealth investment chief to depart

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Macquarie chief investment officer for wealth will take on a new role at a New Zealand-based investment management firm after serving in the position for close to three years.

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