Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1661 - 1670 of 2816 results for "Division"

ANZ grows adviser base

MARK SMITH  |  TUESDAY, 30 APR 2013
ANZ Bank grew its adviser base by 9% in the first half of 2013 in what was a strong result for the group's wealth division. The division also saw productivity in Australia boosted by a 21% increase in risk sales per adviser and a 6% increase in investment ...

Patience with underperforming managers urged: NAB

MARK SMITH  |  MONDAY, 29 APR 2013
... unsatisfactory strategy. Citing a recent US study into the behaviour of retail investors, the bank's private banking division said that many managed fund investors had significantly underperformed. Consequently, it argued against chasing past returns ...

Zenith rates Macquarie global fund as 'Recommended'

LAURA MILLAN  |  WEDNESDAY, 24 APR 2013
... alternatives advisor, Neuberger Berman (NB). NB has around $19 billion in assets under management across its Alternatives division (which includes Hedge Fund of Funds and Private Equity investments) and Zenith considers it is well set up to provide advisory ...

Austock Group company secretary resigns

ALICE URIBE  |  WEDNESDAY, 24 APR 2013
... chief executive Bill Bessemer told Financial Standard that Austock was planning to inject capital into the life insurance division of the company. "After we sold our broking business, we are looking to reduce our labour force, re-aligning jobs and putting ...

Russell reveals details of restructure

MARK SMITH  |  TUESDAY, 23 APR 2013
... following a recent shake-up at the company, Asia Pacific chief executive Alan Schoenheimer said yesterday. The investment division will be responsible for manufacturing and managing multi-asset solutions for clients. Locally it will be lead by chief ...

State Street beefs up data storage with new division

LAURA MILLAN  |  FRIDAY, 19 APR 2013
State Street has reinforced its data storage and management service with the creation of Global Exchange, a service that allows its clients to access information and analytics in real time. State Street has combined current services such as research ...

Market Wrap PM

AAP  |  THURSDAY, 18 APR 2013
... a number of changes to its management team on Thursday, including departure of Mike Yeager as head of BHP's petroleum division, with Tim Cutt his replacement. Elsewhere, Fortescue Metals Group said it was confident of meeting its full year production ...

Challenger FUM grows 7% in March quarter

LAURA MILLAN  |  THURSDAY, 18 APR 2013
... $40.9 billion at the end of March 2013, an increase of 30% for the year and up 7% for the quarter. Challenger Life, the division behind the annuity sales, reached $10.2 billion on assets under management. The retail annuity sales for the quarter were ...

Market Wrap PM

AAP  |  WEDNESDAY, 17 APR 2013
... $35.13 and Ramsay Health Care 13 cents higher at $32.03. "No one is really too aggressive," Macquarie Private Wealth division director Lucinda Chan said. "It was a bad couple of days so naturally some bargains are there so people are buying. "Generally ...

First State Super CIO departs

ALICE URIBE  |  TUESDAY, 16 APR 2013
... philosophy, an impressive mix of investment professionals and strong management and board support, I know that the investment division will continue to respond to the constantly challenging and demanding investment environment," Sainsbury said. FSS has ...