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Showing 1031 - 1040 of 1586 results for "Power50"

AMP to buy stake in NZ power co from Brookfield

JAMES FERNYHOUGH  |  THURSDAY, 4 JUL 2013
A consortium led by AMP Capital (AMP) is set to acquire a 42% stake in New Zealand's second biggest electricity and gas distribution company, Powerco NZ Holdings Limited (Powerco), pending the approval the New Zealand Overseas Investment Office. The ...

Platforms surpass pre-GFC levels

LAURA MILLAN  |  MONDAY, 1 JUL 2013
The platform market has broken funds under advice (FUA) records in the March quarter, after plunging during the global financial crisis (GFC). An uptick in investor confidence and an increase in adviser productivity could be behind the growth of the ...

Market Wrap AM

AAP  |  FRIDAY, 28 JUN 2013
The Australian market looks set to open higher after positive rallies on overseas markets as traders digested news of an unexpected drop in German unemployment, solid data from the US and comments from a top Federal Reserve official that the central ...

IFM opens Berlin office, appoints senior adviser

LAURA MILLAN  |  TUESDAY, 25 JUN 2013
Global investment manager Industry Funds Management (IFM) has opened an office in Berlin as part of its strategy to strengthen relationships with investors in Europe. IFM executive director Lars will now be in charge of the new office in Berlin. He ...

Mercer's new retirement fund puts emphasis on capital growth

JAMES FERNYHOUGH  |  MONDAY, 24 JUN 2013
Mercer has launched a multi-manager fund designed to allow tax exempt investors of retirement age to maximise their after-tax returns. The Mercer Australian Shares Fund for Tax Exempt Investors is designed to maximise capital growth as well as dividend ...

Environmental trends a boost for Impax

MARK SMITH  |  MONDAY, 24 JUN 2013
Global energy and environmental trends mean the demand for 'resource efficiency' investments will only increase in the years ahead, according to Impax Asset Management chief executive Ian Simm. 'Resource efficiency' or 'resource optimisation' are terms ...

Yes, no, I don't know

BENJAMIN ONG  |  WEDNESDAY, 19 JUN 2013
It's now or never. Last chance to place your bets - check, raise or fold - before Big Ben Bernanke shows his hands. Gauging from Wall Street's back-to-back gains over the first two trading days of this week, it appears that the money is on Big Ben revealing ...

Asian LGBT advice firm headhunts Aussie planners

MARK SMITH  |  FRIDAY, 14 JUN 2013
Hong Kong-based Financial Partners, the advisory firm behind Asia's first LGBT (Lesbian, Gay, Bisexual and Transgender) wealth management business, is actively recruiting Australian financial planners to the specialist division. Financial Partners has ...

Banks shift gears on technology spend

LAURA MILLAN  |  MONDAY, 3 JUN 2013
After years of technology investment focused on developing infrastructure, banks and fund managers are pinning their hopes on better customer-centric IT solutions to gain market share. "Technology is going to be paramount for this industry," Colonial ...

Wellington Capital to take PIF case to High Court

LAURA MILLAN  |  FRIDAY, 31 MAY 2013
Wellington Capital has said it will take the Premium Income Fund (PIF) case to the High Court after the Federal Court ruled that distribution of PIF shares to Asset Resolution Limited (ARL) was invalid. The rule overturns an early decision of the same ...