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| | | K2 Asset Management has won a number of financial planning dealer group mandates for its Australian equities fund, and a $20 million institutional mandate for its international equities strategy in the past five months. Andrew Hall, head of distribution ... |
| | | | Ohhh, I'm so scared! This was China's snap to Krudd's comment (threat?) that, "... the world will be watching how this particular court case is conducted.'' I refer to the trial and subsequent conviction of Chinese-born Australian citizen Stern Hu (head ... |
| | | | Australian stocks were trading lower at noon, with weakness among mining and financial stocks dragging the broader market down. At 1220 AEDT, the benchmark S&P/ASX200 index was down 47.8 points, or 0.98 per cent, at 4,837.6 points, while the broader ... |
| | | | ASIC has cancelled the Australian Financial Services licence of Teys Property Funds after the firm went into external administration earlier this month. Teys is now known as TPFL Ltd. The firm is the responsible entity of eleven property and mortgage ... |
| | | | CommInsure veteran Simon Swanson has been appointed chief executive of MMC Contrarian, which recently agreed to buy ClearView Retirement Solutions and MBF Life from Bupa Australia. Swanson, who announced his retirement from CommInsure mid last year ... |
| | | | The $66 billion Future Fund has terminated discussions with two Canadian pension funds on buying Transurban. The Future Fund Board of Guardians released a statement yesterday, stating it has "terminated discussions with the Canada Pension Plan Investment ... |
| | | | "Just when you thought it was safe to go back in the water..." (Jaws 2) Yes, Virginia...just when financial markets looked like they're finally getting used to the idea that Greece - for all its foibles - would not be left in ruins, Fitch comes along ... |
| | | | PIMCO Australia posted its biggest year ever in 2009, with funds under management (FUM) up 36 per cent to $30 billion - but with the higher FUM comes the onus to better navigate sovereign risk. Peter Dorrian, PIMCO's head of global wealth management ... |
| | | | US-based Babson Capital Management, which bought a $200 million Babcock & Brown mezzanine debt portfolio, has hired two AMP Capital Investors executives in Australia with plans to turn its local arm into a multi-billion dollar operation in the next ... |
| | | | APRA has released its second round of fund level 'whole of fund' return on assets figures again showing retail super funds to have significantly underperformed their not-for-profit rivals in the five years to June 2009. The regulator's move to press ... |
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