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Showing 1281 - 1290 of 1630 results for "Division 296"

S&P ramps up research division

MICHAEL HOBBS  |  FRIDAY, 7 NOV 2008
Standard & Poor's is pulling out all the stops to cope with institutional demand, hiring five analysts to its local research division and creating an "out of cycle" ratings team to review new products. The ratings firm hired former Westpac Private Bank ...

UBS to launch infra fund next year

MICHAEL HOBBS  |  WEDNESDAY, 5 NOV 2008
UBS Global Asset Management plans to launch another international infrastructure fund next year after successfully closing its $2.1 billion International Infrastructure Fund to new investors. The firm's closed fund invests in OECD country infrastructure ...

MLC FUM falls, profits flat

MICHAEL HOBBS  |  WEDNESDAY, 22 OCT 2008
NAB's wealth management arm MLC saw funds under management fall 14.1 per cent to $94.6 billion at the end of September but pre-tax profits were up three per cent at $576 million. The firm's cash earnings before investment on retained earnings (IoRE) ...

Macq inv lending sale won't hit Lever

MICHAEL HOBBS  |  TUESDAY, 14 OCT 2008
Macquarie Bank's decision to sell its $3 billion investment lending arm is not expected to affect its Self Managed Super Fund (SMSF) leveraged property product, Property Lever. Dean Firth, Macquarie relationship banking executive director, said the ...

Suncorp ripe for the picking

MICHAEL HOBBS  |  WEDNESDAY, 8 OCT 2008
Suncorp confirmed it has received several approaches from companies besides Commonwealth Bank interested in buying the banking and wealth management divisions of the group. The group advised its shareholders the approaches may or may not lead to formal ...

GESB announces key hires

MICHAEL HOBBS  |  MONDAY, 29 SEP 2008
West Australian super fund GESB hired Fabian Ross as head of wealth management and Martin Hedley as head of strategy. Prior to joining the super fund, Ross spent 18 years at the Commonwealth Bank managing the financial planning division before joining ...

Macq to sell investment lending arm

MICHELLE BALTAZAR, MICHAEL HOBBS  |  FRIDAY, 26 SEP 2008
While St.George's margin lending division will try to ride the tough markets, the credit crunch has taken its toll on one of its key rivals with Macquarie Bank in talks to find a partner for its $3 billion loan book. In an ASX statement, Macquarie said ...

Zurich launches cadetship program

MICHELLE BALTAZAR  |  FRIDAY, 12 SEP 2008
Zurich Financial Services has sidestepped the graduate program route in favour of a cadetship that gives aspiring high school students a chance to work in finance even before they graduate - and Zurich is happy to pay for the cadet's university fees ...

WW opens Aus portfolio construction shop

MICHAEL HOBBS  |  THURSDAY, 11 SEP 2008
Watson Wyatt Australia has hired former Intech CIO Hugh Dougherty and promoted Michael Blayney to head a new division that taps into the company's global portfolio construction research. The firm's Australian Portfolio Construction Group (PCG) complements ...

B&B appoint CFO

MICHAEL HOBBS  |  THURSDAY, 4 SEP 2008
Specialist fund and asset management firm, Babcock & Brown promoted John Fanning to chief financial officer. Fanning replaces Michael Larkin who was appointed chief executive and managing director on August 21. Prior to this position, Fanning worked ...