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Showing 151 - 160 of 213 results for "M2 Group"

Prudential back in town

MICHELLE BALTAZAR  |  TUESDAY, 2 MAR 2010
Financial services giant Prudential will be the new owner of AIA Group (AIA), the Australasian life insurance businesses of AIG Group, in a deal worth US$35.5 billion - a move that potentially brings the Prudential name back in Australia after 12 years ...

Perpetual FUM up as flows steady

MICHAEL HOBBS  |  THURSDAY, 25 FEB 2010
Perpetual's investment fund flows remain much lower compared to pre-global financial crisis levels, but its funds under management (FUM) rose by $3 billion to over $29 billion in a six-month period to December last year. Perpetual's first half profit ...

Market Wrap - Morning

AAP  |  THURSDAY, 25 FEB 2010
Australian shares are expected to open higher led by Wall Street and a stronger oil price. At 0826 AEDT on the Sydney Futures Exchange, the March share price index contract was 22 points higher at 4,664. In economic news on Wednesday, the Australian ...

Integration key to AXA bid

ALEX DUNNIN  |  WEDNESDAY, 13 JAN 2010
As the debate heats up on who will emerge as the new owner of AXA Asia Pacific, new research by Rainmaker suggests the more burning issue is how the winner would digest the acquisition - and the impact of that on the local wealth management sector. ...

Perpetual Private Wealth boosts FUA to $8.5bn

COMPANY RELEASE  |  WEDNESDAY, 16 DEC 2009
Perpetual caps the year with its third acquisition in private wealth, which takes the division's total funds under advice (FUA) to $8.5 billion. This week Perpetual bought Melbourne-based advisory firm Fordham Group for $35 million, a deal that is expected ...

Market Wrap - Morning

AAP  |  FRIDAY, 27 NOV 2009
The Australian markets have received strong, negative leads from overseas for trading on Friday, despite Wall Street being closed for a holiday. At 0731 AEDT on the Sydney Futures Exchange, the December share price index contract was 41 points lower ...

Green takes reigns at AIA

ALEX DUNNIN  |  THURSDAY, 5 NOV 2009
AIA Australia have appointed Damien Green as their new local chief executive. Green has been with AIA, formerly AIG Australia, since 2006 progressively directing the client services division and being heavily involved with business development and client ...

Platforms bounce back 7.9 pc

Platform funds under advice jumped 7.9 per cent during the June quarter, recording their first lift in 18 months. The combined platform market at $331 billion is, however, still down 19 per cent from its $410 billion September 2007 peak, noted Rainmaker ...

Powerwrap goes live

COMPANY RELEASE  |  TUESDAY, 8 SEP 2009
Praemium-backed online managed funds trading platform Powerwrap has started operations, and is aiming to add SMA functionality to its repertoire in the next quarter. The Powerwrap Investment Account - a managed investment scheme (MIS) operating on Praemium's ...

Market Wrap - Morning

AAP  |  THURSDAY, 27 AUG 2009
The Australian share market is likely to open slightly lower as Wall Street ended flat amid weaker sentiment and profit-taking. At 0753 AEST on the Sydney Futures Exchange, the September share price index contract was 10 points lower at 4421. In economic ...