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Showing 1011 - 1020 of 1630 results for "Division 296"

Gensler to depart T. Rowe Price

MELANIE TIMBRELL  |  FRIDAY, 13 APR 2012
Rob Gensler, portfolio manager for the Global Equity Fund at T. Rowe Price will retire at the end of 2012. Scott Berg, currently portfolio manager for T.Rowe Price's Global Large Cap Equity Strategy will succeed Gensler as portfolio manager for the ...

Social media trials in US continue

ELISE BURGESS  |  WEDNESDAY, 11 APR 2012
Morgan Stanley Smith Barney will continue its exploration into social media with a formal program to follow up on its 600 adviser pilot program. In May last year, Morgan Stanley began testing a pilot program to allow its financial advisers to interact ...

GMO shuts Aus equities

MELANIE TIMBRELL  |  TUESDAY, 10 APR 2012
Boston-based fund manager GMO has shut down its Australian equities strategy. Despite confirming the closure, the fund manager is giving no further comment at this stage on the rationale behind the decision. Rainmaker research puts funds under management ...

New service to boost retiree returns by 1pct

ALEX DUNNIN  |  WEDNESDAY, 4 APR 2012
A new service has been launched into Australia to help trustees tailor default investment strategies for their retiree fund members that takes into account their differing risk tolerances and time horizons. Doug Bucknell, managing director of the Australian ...

Practices valued at doubled RR: survey

ELISE BURGESS  |  TUESDAY, 3 APR 2012
Most financial planners value a planning business between two and three times the recurring revenue and expect a claw back clause, according to an industry survey. In a nation-wide survey of planners, Radar Results found that the highest demand for ...

New St George and Westpac New Zealand CEOs appointed

CLAIRE MCGREAL  |  FRIDAY, 9 MAR 2012
Rob Chapman is stepping down as chief executive of the St George Banking Group to be replaced by Westpac New Zealand boss George Frazis, with senior Westpac executive Peter Clare taking over in New Zealand. Chapman has been at the helm of St George ...

Market Wrap - Midday

AAP  |  TUESDAY, 6 MAR 2012
Australian stocks were lower at noon as weakness in the materials and metals and minerals sector dragged the broader market into the red. At 1212 AEDT, the benchmark S&P/ASX200 index was down 41.3 points, or 0.95 per cent, at 4,221.7 points, while the ...

RBS signs MOU for sale of Asian assets

MELANIE TIMBRELL  |  FRIDAY, 2 MAR 2012
Malaysia's number two lender, CIMB Group Holdings Bhd has announced a memorandum of understanding with the Royal Bank of Scotland. The MOU covers the purchase of certain parts of the cash equities, equity capital markets and corporate finance businesses ...

NAB Asset Servicing wins APRC mandate

ELISE BURGESS  |  WEDNESDAY, 29 FEB 2012
Australian Reinsurance Pool Corporation has awarded National Australia Bank Asset Servicing division a $740m mandate to provide its custodial services. Australian Reinsurance Pool Corporation (ARPC) will transition the assets under custody to NAB Asset ...

AUI appoints new general manager

CLAIRE MCGREAL  |  TUESDAY, 28 FEB 2012
Australian Unity Investments has named Fiona Dunn as the new general manager, joint ventures and institutional. Dunn has held a number of senior business advisory roles, as well as being general manager of Perpetual's wholesales business, and was a ...