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Showing 10721 - 10730 of 21783 results for "Dec"

Blue Sky founder departs, new MD appointed

ALEX BURKE  |  FRIDAY, 19 AUG 2016
Blue Sky Alternative Investments managing director Mark Sowerby has announced his retirement and a successor has been appointed. From September 30, current Blue Sky chief operating officer Rob Shand will become managing director. Shand has been with ...

Real assets drive AMP Capital profit boost

JAMIE WILLIAMSON  |  FRIDAY, 19 AUG 2016
AMP Capital has recorded a 14.9% lift in underlying net profit, up $11 million for the same period last year. The investment house credited the rise to the increase in fee income over the first half of the year, with their international expansion strategy ...

Flat markets impact IAG profit

KERRIE SYDEE  |  FRIDAY, 19 AUG 2016
IAG has reported a 14.1% fall in profit as the insurer juggles the impact of lower returns and adverse weather events. IAG reported its FY16 net profit after tax of $625 million down from $728 million in 2015. A loss the group attributes to "a significantly ...

Global ETPs see strong inflows

JAMIE WILLIAMSON  |  FRIDAY, 19 AUG 2016
Global exchange traded products (ETPs) recorded their best monthly flows since December 2014, according to BlackRock's July ETP Landscape Report. The world's largest asset manager reported global ETP flows of $55.2 billion for the six months to end ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 19 AUG 2016
Australia employment It was good, but not as good as the headline numbers suggests. Australian businesses hired an additional 26,200 workers in July - more than market expectations for an increase of 10,000 and the biggest monthly rise since the "questionable" ...

QBE chief executive departs in leadership restructure

JAMIE WILLIAMSON  |  THURSDAY, 18 AUG 2016
QBE Insurance Australia chief executive Tim Plant has stepped down after just one year in the role following lackluster performance from the company. The insurer has opted for a change in leadership, with chief financial officer Pat Regan taking over ...

ASX senior manager goes to Citi for wealth head role

ALEX BURKE  |  THURSDAY, 18 AUG 2016
Citi has appointed a new head of banking wealth management product. Marcus Christoe joins Citi from the ASX, where he was senior manager, funds and investment products. Prior to that, he was head of equity structured products at RBS and head of equities ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 18 AUG 2016
Australia leading index The Westpac-Melbourne Institute Leading Index of Economic Activity inched up by 0.1% in July, partially reversing the previous month's 0.2% fall. More important, the six-month annualised growth rate in the index - indicating ...

Link considers Pillar bid

DARREN SNYDER  |  WEDNESDAY, 17 AUG 2016
Large superannuation administrator Link Group is interested in the New South Wales government's sale of Pillar Administration, and it will now consider whether to participate in the bid process. Link told the ASX that if it decides to progress with ...

UK IFAs increasingly outsourcing to DFMs

KERRIE SYDEE  |  WEDNESDAY, 17 AUG 2016
United Kingdom independent financial advisers (IFAs) are increasingly outsourcing investment assets to discretionary fund managers (DFMs) as asset managers start to feel the fee pressure pinch, according to Cerulli Associates' 'Asset Management in the ...