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Showing 111 - 120 of 173 results for "Investment business"

Hyperion joins Packer in taking Magellan profits

MARK SMITH  |  THURSDAY, 22 AUG 2013
... July. Packer exited his 9% stake in Magellan yesterday. The gaming magnate held the company via his private investment business Cavalone and was the second largest shareholder. Packer told The Australian that he planned to use the $100 million proceeds ...

Treasury Group records $10m profits

JAMES FERNYHOUGH  |  THURSDAY, 22 AUG 2013
... investor Treasury Group Ltd has recorded net profits of $10.4 million, an increase of 54% from last year. The investment business, specialising in boutique fund managers, put its underlying net profit after tax at $10.6 million, representing a 32% increase ...

NAB Wealth flat as bank's profit rises 2%

MARK SMITH  |  TUESDAY, 20 AUG 2013
... business which suffered from higher claims across the board, partially offset by lower disability claims. The Investment business benefited from higher funds under management (FUM), stronger earnings in Private Wealth and the sale of the Group's interest ...

Platinum reports stellar result

MARK SMITH  |  THURSDAY, 15 AUG 2013
... Bruce Phillips attributed the rise to the global stock market recovery as well as the alpha generated by the investment business, Platinum Asset Management. "This strong short-term performance made a useful contribution to our very satisfactory long-term ...

AMP profits up 5.4% despite insurance disappointment

MARK SMITH  |  THURSDAY, 15 AUG 2013
AMP Limited's half-year profits are up 5.4% to $393 million following strong performance from its wealth management and investment businesses. The disappointing performance of the financial services company's insurance business was the only black mark ...

Ex-drug dealers now hitting-up SMSFs: ACC

BEN COLLINS  |  THURSDAY, 14 FEB 2013
Australia's criminal intelligence agency, the ACC is witnessing an increasing number of the illegal operations, with many organised crime rings - formerly involved in drug trafficking - now targeting investors, as the profits were better and there was ...

Market wrap late AM

AAP  |  FRIDAY, 26 OCT 2012
Australian stocks opened flat after mixed leads from Wall Street and European markets. At 1018 AEDT on Friday, the benchmark S&P/ASX200 index was flat at 4,510.5 points, while the broader All Ordinaries index had fallen 0.6 points, or 0.01 per cent ...

Towers Watson expands equities team

LINDA HAUSKEN  |  MONDAY, 13 AUG 2012
... follow six other recent hires in the growing Australian investment team during the past year. Towers Watson's investment business currently has over US$2 trillion of assets under advice globally.

Goldman Sachs focuses on HNW with private bank

MELANIE TIMBRELL  |  FRIDAY, 20 JUL 2012
... develop the private bank and target the wealthy individual category comes amid declines in Goldman Sachs' core investment business on the back of economic volatility and new regulations restricting bank use of funds for trading. "We've been in the wealth ...

Towers Watson expands Aus investment team

BEN COLLINS  |  FRIDAY, 15 JUN 2012
... consultant Towers Watson has appointed Ben Trollip as an investment research consultant in its Australian Investment business. Trollip, who holds a Bachelor of Science (Mathematics and Statistics) from the University of Auckland, joins the Australian ...