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Showing 131 - 140 of 382 results for Chris Nicholls

Harvard Endowment Fund chief quits

CHRIS NICHOLLS  |  THURSDAY, 13 SEP 2007
Mohamed El-Erian, chief executive of Harvard Management Company (HMC) and manager of the $41.5 billion Harvard Endowment Fund, has announced his resignation, effective at the end of 2007. He will return to California-based Pacific Investment Management ...

Explorer turns new leaf with Ascalon

CHRIS NICHOLLS  |  WEDNESDAY, 12 SEP 2007
Boutique manager Ascalon Capital Managers has purchased 40 per cent of Separately Managed Accounts (SMA) provider Explorer Group from First Capital, ending confusion over the firm's stability. The company had been under a cloud following the purchase ...

Aussie super funds leap into top 300

CHRIS NICHOLLS  |  WEDNESDAY, 12 SEP 2007
Recent spectacular growth has pushed eight Australian superannuation funds into the Global 300 list, according to a new Watson Wyatt survey. Local funds grew at 68 per cent per annum in local currency terms over a three-year period, while US funds grew ...

Consultum calls in the cadets

CHRIS NICHOLLS  |  WEDNESDAY, 12 SEP 2007
Consultum Financial Advisers has introduced a cadetship program to counter the growing talent shortage in the adviser industry. The program will provide financial assistance and a dedicated training program for existing financial practices that appoint ...

Property developer gets two years jail

CHRIS NICHOLLS  |  TUESDAY, 11 SEP 2007
The Australian Securities and Investments Commission (ASIC) has successfully prosecuted a Mount Eliza property developer for duping 49 investors in a property development out of $14 million. Melbourne Country Court sentenced former property developer ...

JPMorgan serves up investment legends

CHRIS NICHOLLS  |  TUESDAY, 11 SEP 2007
JPMorgan has released a structured investment product, available exclusively to Citibank customers, that gives access to three of the world's most famous investors, including the legendary Warren Buffett. The JPMorgan Masters Selection Series 2 Target ...

IOOF shifts paperwork online

CHRIS NICHOLLS  |  MONDAY, 10 SEP 2007
IOOF will make all it forms and reports available online over the next six months to appease adviser demand. Head of strategy and product, Nick Everingham, said the application forms would be made available "in the next few weeks", while the remainder ...

Dalton Nicol Reid seals MBO

CHRIS NICHOLLS  |  MONDAY, 10 SEP 2007
Brisbane-based IMA specialist Dalton Nicol Reid has completed a management buy-out of their business from co-partners and investment advisers Fitzpatricks for an undisclosed sum. The move allows Dalton Nicol Reid to become totally independent and focus ...

Russell wins $3bn ACT Treasury mandate

CHRIS NICHOLLS  |  MONDAY, 10 SEP 2007
The ACT Department of Treasury has appointed Russell Investment Group as asset consultant on investments worth over $3 billion. The five-year deal will see Russell advise on the Superannuation Provision Account (SPA) and the Territory Banking Account ...

IOOF plays fair with fee discounts

CHRIS NICHOLLS  |  THURSDAY, 6 SEP 2007
IOOF has opened the door to offer its fee aggregation discount service to same-sex couples. The policy change came about after a single enquiry, said head of strategy and product, Nick Everingham. Just last week, Everingham said they had someone apply ...