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Showing 1301 - 1310 of 2259 results for Mark Smith

Costello named Future Fund chair

MARK SMITH  |  TUESDAY, 4 FEB 2014
Former Treasurer Peter Costello has been appointed permanent chairman of the Future Fund Board of Guardians. Costello, who has been a member of the Future Fund Board since 2009, has been the acting chairman since the departure of David Gonski last month. ...

Challenger Diversified Property Group reports earnings growth

MARK SMITH  |  TUESDAY, 4 FEB 2014
Challenger Diversified Property Group has reported normalised earnings of $23.9 million for the six months to 31 December 2013, up from $22.9 million for the same period the previous year. Net profit after tax (statutory) fell to $15.2 million for the ...

Ausbil acquired by New York Life Investments

MARK SMITH  |  TUESDAY, 4 FEB 2014
US fund manager New York Life Investments has completed the acquisition of Dexia Asset Management for a,-380 million ($587 million). The acquisition includes Dexia's Australian boutique funds management business, Ausbil, which will join New York Life ...

CMCRC launches regulator tool to test market "fairness"

MARK SMITH  |  TUESDAY, 4 FEB 2014
The Capital Markets Cooperative Research Centre (CMCRC) has launched a tool for reviewing the impact of market design changes in capital markets, in a bid to defend against knee-jerk regulatory responses to crises. The Market Quality Dashboard enables ...

EQT reports lift in profits

MARK SMITH  |  MONDAY, 3 FEB 2014
Equity Trustees (EQT) has announced a 16.3% year-on-year lift in half-year revenue and a 21.6% increase in net profit after tax for the six months to 31 December 2013. Net profit after tax rose for the second half of 2013 rose to $5.4 million from $4.4 ...

Superannuation bodies axed in government streamlining

MARK SMITH  |  MONDAY, 3 FEB 2014
The SuperStream Advisory Council, the Superannuation Advisory Committee and the Superannuation Roundtable have become the latest casualties of the government's 'streamlining' process. With reforms to the superannuation sector in recent years largely ...

Emerging market turmoil is a buying opportunity

MARK SMITH  |  MONDAY, 3 FEB 2014
Investors should seize the recent falls in emerging market equity markets as an opportunity to buy quality companies at a more attractive price, according to global large cap specialist Insync Fund Managers. The fund house is not altering its portfolio ...

ASIC examines risks posed by complex products

MARK SMITH  |  FRIDAY, 31 JAN 2014
The Australian Securities and Investments Commission (ASIC) has released a new report examining the risks posed by complex products and how it will work to regulate them. 'Report 384 Regulating complex products' outlines sets out ASIC's recent and current ...

Brookvine inks US micro cap deal

MARK SMITH  |  FRIDAY, 31 JAN 2014
US micro cap specialist Thomson Horstmann & Bryant (THB) has appointed Brookvine to help launch itself into the Australian market. As distribution partner, Brookvine will provide structuring, fund raising and investor relations services for the manager ...

Investec's Smith to replace Nicks as Australian head

MARK SMITH  |  THURSDAY, 30 JAN 2014
Investec Bank (Australia) has appointed senior corporate advisor Ben Smith to head of Investment Banking following the resignation of Christian Nicks. In an announcement to the media, Investec said Nicks has left in order to pursue other opportunities. ...