Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1201 - 1210 of 1630 results for "Division 296"

Billionaire faces insider trading noose

SEC RELEASE  |  MONDAY, 19 OCT 2009
Billionaire Raj Rajaratnam and his New York-based hedge fund advisory firm, Galleon Management, has been charged for insider trading that allegedly saw him pocket over $27 million in illicit gains. The US Securities and Exchange Commission, which laid ...

Trust completes business review

COMPANY RELEASE  |  THURSDAY, 15 OCT 2009
Trust Company has finalised a strategic review of their business, which has led to a renewed focus on developing the firm to be the leading trustee in the market. The strategic review, which was flagged in April this year and conducted by John Aitkin ...

Perpetual Private Clients pushes into QLD

COMPANY RELEASE  |  THURSDAY, 15 OCT 2009
Perpetual has hired former Aviva Queensland state manager, Dermot Lindsay, as state manager in its Private Clients division in same state. Lindsay joins Perpetual after working at Aviva and, prior to that, in the same role at IOOF. He said he wants ...

Challenger selects Five Oceans for Asian equities

MICHAEL HOBBS  |  WEDNESDAY, 14 OCT 2009
Challenger Managed Investments has changed the investment manager of its Asian and China funds from Halbis Capital Management to Five Oceans Asset Management, resulting in a revised investment strategy. Challenger bought HSBC's asset management division  ...

Perpetual buys Grosvenor

COMPANY RELEASE  |  THURSDAY, 1 OCT 2009
Perpetual has bought Grosvenor Financial Services - a privately-owned planning firm specialising in financial, investment and tax advice. Grosvenor has more than 200 high net worth clients in the medical, dental and legal professions. Grosvenor is based ...

CFS integrates advice businesses

RUTH LIEW  |  FRIDAY, 25 SEP 2009
Commonwealth Bank of Australia has combined five of the firm's financial planning arms under one umbrella, Colonial First State Advice Business - a move that simplifies the firm's advice structure. The new division includes Commonwealth Financial Planning ...

Macquarie Private Bank appoints CIO

RUTH LIEW  |  TUESDAY, 22 SEP 2009
Macquarie Private Bank has appointed Robert Credaro, formerly from Macquarie's private equity division, as its new chief investment officer. Credaro will start his new role on 1 October. In his new role, he will lead discussions with various fund providers ...

Market Wrap - Midday

AAP  |  MONDAY, 21 SEP 2009
The Australian sharemarket was slightly lower at noon as profit takers moved in after last week's strong rally. Companies with exposure to the United States economy bucked the trend by showing strong gains. At 1200 AEDT, the benchmark S&P/ASX200 index ...

Spectrum transfers to IOOF fund

RUTH LIEW  |  MONDAY, 21 SEP 2009
IOOF Investment Management will become the trustee of Spectrum Super, replacing former trustee, AWM division Questor Financial Services. Spectrum Super, which had $3 billion in funds under administration at the end of June, will be transferred fully ...

BGI iShares opens capital markets division

COMPANY RELEASE  |  MONDAY, 21 SEP 2009
Exchange traded fund (ETF) provider, iShares has developed a capital markets division in Asia Pacific to ensure the firm's ETFs remain liquid and priced competitively. The Hong Kong-based division will work with iShares dealers and market makers across ...