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Showing 131 - 140 of 413 results for Matt Woodington

Australia ahead of pack in IT wealth spend

MATT WOODINGTON  |  FRIDAY, 22 JUL 2011
The wealth management industry in Australia and the Asia Pacific is set to outpace the rest of the world in IT investment over the next four years as the need for enhanced internet services and compliance technology fuels spending. According to technology ...

AMP embeds AXA management into new structure

MATT WOODINGTON  |  FRIDAY, 22 JUL 2011
AMP again vowed to put quality financial advice at its heart after establishing a new eight division business structure for AMP Financial Services (AFS). AMP has put a new management team in place, effective August 1, ahead of its results announcement ...

Aspen wins Telstra Super deal

MATT WOODINGTON  |  THURSDAY, 21 JUL 2011
Telstra Super has made a debt and equity investment in a joint venture property deal with Aspen Group for the development of the Australian Tax Office building in Adelaide. Telstra paid $34 million for a 50% interest in the development with Aspen holding ...

No alarms as Bell profits fall

MATT WOODINGTON  |  THURSDAY, 21 JUL 2011
Bell Financial Group attributed a 24% dip in after tax net profit to one-off non-cash losses associated with the disposal of options held within subsidiary Southern Cross Equities. Bell reported unaudited net profit after tax of $6.3 million for the ...

PIMCO urges SMSFs to get active

MATT WOODINGTON  |  WEDNESDAY, 20 JUL 2011
PIMCO's Australian bond fund has outperformed Australian shares over the past ten years and actively managed income funds are being tipped to add more value still. Lonsec's 2011 income funds sector review found that the shift towards index funds and ...

Opes Prime directors admit guilt

MATT WOODINGTON  |  WEDNESDAY, 20 JUL 2011
Lirim Emini and Anthony Blumberg, the former directors of Opes Prime Stockbroking (OPSL), pleaded guilty to charges related to the collapse of the company in 2008, which left around $630 million owed to creditors. Facing charges brought by ASIC in front ...

Fidelity sees market ripe for growth investments

MATT WOODINGTON  |  TUESDAY, 19 JUL 2011
Fidelity's growth at a reasonable price (GARP) fund was the only manager in its peer group to retain a five star rating from Standard & Poor's fund services and portfolio manager Paul Taylor is optimistic that good value remains in the market. As part ...

BTIM extends global presence with $10bn manager buy

MATT WOODINGTON  |  TUESDAY, 19 JUL 2011
BT Investment Management will reduce its reliance on Australian revenues by acquiring London-based J O Hambro Capital Management in a $314 million deal that gives it access to a host of new markets. J O Hambro Capital Management is a boutique active ...

Institutional appetite for RMBS behind lender acquisition

MATT WOODINGTON  |  MONDAY, 18 JUL 2011
ASX listed Firstfolio has agreed to acquire non-bank mortgage lender Calibre Financial Services amid plans to tap the growing demand from institutional investors to take part in residential mortgage backed securities (RMBS) issues. Firstfolio, a mortgage ...

Class Super adds actuarial SMSF service

MATT WOODINGTON  |  MONDAY, 18 JUL 2011
Self managed super fund administration provider Class Super is using cloud computing to offer automated actuarial certificate data transfers for SMSF clients. Class Super, developed by Class Financial Systems, said it will provide real time access to ...