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Showing 1011 - 1020 of 2259 results for Mark Smith

Billionaire makers: The cities growing the world's wealthiest

MARK SMITH  |  FRIDAY, 22 AUG 2014
New York has topped the list of cities where the most billionaires were born, according to analysis by WealthInsight and Spear's magazine. No Australian cities made the list but major financial centres featured prominently. New York came out top overall ...

Folkestone posts strong result

MARK SMITH  |  FRIDAY, 22 AUG 2014
Property fund manager Folkestone has reported a 168% rise in its after tax profit for the full year to 30 June. Net profit after tax stood at $3.15 million, up from $1.18 million in the 2013 financial year. "The strong result in FY14 reflects the continued ...

MyState sees small growth in profits

MARK SMITH  |  FRIDAY, 22 AUG 2014
Banking and wealth management company MyState has reported a small rise in profit for the full year to 30 June. Statutory after-tax profit stood at $29.6 million for the year to the end of June. This result is a 3.9% improvement on last year's $28.5 ...

A quarter of global instos plan to grow alternatives investment teams

MARK SMITH  |  THURSDAY, 21 AUG 2014
More than a quarter of global institutional investors expect to grow their alternative investment teams over the next two years, according to the latest survey by Preqin. The specialist research house asked 380 global institutions who are active in ...

Adviser jailed for blowing client funds on fast cars

MARK SMITH  |  THURSDAY, 21 AUG 2014
An adviser who defrauded investors out of $1 million to rent sports cars and buy a house has been jailed for more than five years following an investigation by the Australian Securities and Investments Commission (ASIC). Carlo Cini, a former director ...

Dimensional latest to join Calastone network

MARK SMITH  |  THURSDAY, 21 AUG 2014
Global asset manager Dimensional Fund Advisors has become the latest manager to join Calastone's automated global transaction network service. Calastone specialises in automating manual processes for the managed fund and superannuation sectors. Previously ...

Nikko sets up new multi-asset desk in Singapore

MARK SMITH  |  THURSDAY, 21 AUG 2014
Nikko Asset Management, the parent company of Tyndall AM, has established a dedicated multi-asset investment team in Singapore. The team, which currently oversees $24 billion of assets for institutional and intermediary clients, will be launching multi-asset ...

Macquarie terminates four suspended van Eyk funds

MARK SMITH  |  WEDNESDAY, 20 AUG 2014
Macquarie has shut down four funds in the van Eyk Blueprint series following the recent suspension of applications and redemptions. "Macquarie Investment Management Limited (Macquarie), as responsible entity for the van Eyk Blueprint Series, has determined ...

Surprise exit for van Eyk asset consulting team

MARK SMITH  |  WEDNESDAY, 20 AUG 2014
Van Eyk's three person asset consultant team has left the company, the company has confirmed. Head of asset consulting Jonathan Ramsay and asset consultants Fil Andronaco and Jonathan Tolub resigned their posts but van Eyk declined to explain the circumstances. ...

Multi-asset emerging market approach halves volatility

MARK SMITH  |  WEDNESDAY, 20 AUG 2014
A multi-asset approach which blends emerging market debt, dividend paying stocks and high growth small and mid-sized companies is the key to easing institutional investors' anxiety about the high level of volatility that comes with investing in developing ...