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Showing 1601 - 1610 of 4897 results for "Alex"

US investment giant builds out Sydney team

ALEX BURKE  |  THURSDAY, 16 FEB 2017
The private capital arm of a $1 trillion US investment manager has set up shop in Sydney with a local investment team. Pricoa Capital Group, a subsidiary of Prudential Financial's investment management business PGIM, already has a $3 billion portfolio ...

RG 97 to lift fees 50 bps

ALEX DUNNIN  |  THURSDAY, 16 FEB 2017
Revisions to superannuation and investment product fee estimation methodology as a result of RG 97 is expected to significantly lift average fee metrics, according to an industry survey. According to the EY survey based on participants who attended ...

Ironbark launches income solutions suite

ALEX BURKE  |  THURSDAY, 16 FEB 2017
... said the two retail products will run alongside other institutional and wholesale solutions. The firm's head of distribution Alex Donald said the partnership is a strong endorsement of its business model. "We're seeing a strong demand for more outcomes-based ...

Hunter Hall profit sinks as third investor enters the fray

ALEX BURKE  |  WEDNESDAY, 15 FEB 2017
Hunter Hall reported a 68% drop in statutory profit at the same time Pinnacle leapfrogged Washington H. Soul Pattinson's takeover bid and a third investor declared its intention to buy 20% of the company. John Bridgeman Limited (JBL), acting as investment ...

IOOF profits slide across all key businesses

ALEX BURKE  |  WEDNESDAY, 15 FEB 2017
IOOF reported declining profits across all key segments in 1H17, contributing to an overall 45% slide in statutory profit down to $74 million. The group's platform management and administration business took the biggest hit to underlying profit, falling ...

Long-serving Platinum portfolio manager departs

ALEX BURKE  |  WEDNESDAY, 15 FEB 2017
A portfolio manager at Platinum Asset Management will step down from his role after 15 years with the firm. Simon Trevett joined Platinum in 2002 and currently co-manages the Platinum International Brands Fund with Jamie Halse, who will now take on ...

Aviva funds receive Lonsec and Zenith tick

ALEX BURKE  |  TUESDAY, 14 FEB 2017
Two Aviva Investors funds have received strong ratings from Zenith and Lonsec. Lonsec gave an "investment grade" rating to the Aviva Investors Multi-Strategy Target Income Fund (AIMS TIF); Zenith gave AIMS TIF a "recommended" rating to the same fund ...

Challenger hails major retirement partnership

ALEX BURKE  |  TUESDAY, 14 FEB 2017
Straight off the back of announcing record annuity sales of $2.2 billion in its half-year results, Challenger is partnering with an international investment manager to develop a global bond product for Australian retirees. The new partnership with Standard ...

WHSP throws down the gauntlet

ALEX BURKE  |  TUESDAY, 14 FEB 2017
Washington H. Soul Pattinson is aiming to beat rival contenders with an increased takeover offer for Hunter Hall. Since increasing its bid to $1.60 per share on Friday, WHSP has now matched Pinnacle's unconditional offer of $2 per share. Although this ...

Pacific Current Group calls EGM for restructure

ALEX BURKE  |  TUESDAY, 14 FEB 2017
Multi-boutique asset manager Pacific Current Group will hold an extraordinary general meeting on March 15 to implement a major restructure of its business. The goal of the restructure, originally announced in December, is to make the global and ASX-listed ...