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Showing 1731 - 1740 of 3289 results for "Smith"

ANZ wealth division profits up 11%

MARK SMITH  |  THURSDAY, 1 MAY 2014
... and to establish common infrastructure and processes that improve productivity and reduce risk, ANZ chief executive Mike Smith said. "Global Wealth continues to focus on improving the customer experience with wealth solutions increasingly integrated ...

BTIM on the hunt for new investment teams

MARK SMITH  |  THURSDAY, 1 MAY 2014
BT Investment Management is targeting experienced investment teams with strong track records at rival firms as it looks to grow its funds management capability, chief executive Emilio Gonzalez said. The company boss said the group would not rest on ...

BetaShares passes $1bn milestone

MARK SMITH  |  THURSDAY, 1 MAY 2014
ETF provider BetaShares has surpassed $1 billion in funds under management (FUM), three and a half years after launching its first products in the Australian market. Reaching the milestone cements the firm as Australia's fourth largest ETF manager by ...

BTIM posts strong half year numbers

MARK SMITH  |  WEDNESDAY, 30 APR 2014
BT Investment Management (BTIM) has reported an after-tax net profit of $83.1 million for the half year to 31 March 2014, up 143% on the same period last year. Statutory net profit after tax was up 243% to $78.3 million while cash earnings per share ...

Virgin Money cops fine for misleading direct insurance ads

MARK SMITH  |  WEDNESDAY, 30 APR 2014
Virgin Money Australia has been forced to pay $30,600 in penalties after some of its advertisements fell foul of the regulator. The Australian Securities and Investments Commission (ASIC) issued three infringement notices for misleading online and television ...

Channel Capital acquires QIC small cap business

MARK SMITH  |  TUESDAY, 29 APR 2014
QIC's Australian small cap investment team will shortly join Brisbane-based global investment business Channel Capital. QIC agreed to divest its smaller companies capability after determining it a non-core business. Channel Capital was spun out fund ...

Macquarie appoints Bell Direct as online broker

MARK SMITH  |  TUESDAY, 29 APR 2014
Bell Financial Group (BFG) has signed a deal with Macquarie to enable its online broking arm to provide services to the bank. BFG executive chairman Colin Bell said that the firm's online broking business, Bell Direct, had been chosen by the Macquarie ...

Australia signs FATCA agreement with US

MARK SMITH  |  TUESDAY, 29 APR 2014
The Australian government has signed an inter-governmental agreement with the United States to implement the US Foreign Account Tax Compliance Act (FATCA) in a bid to improve international tax compliance. The agreement, together with relevant enabling ...

JANA awards $385m mandate to Californian manager

MARK SMITH  |  MONDAY, 28 APR 2014
JANA Investment Advisers (JANA) has awarded a $385 million global equity mandate Los Angeles-based asset manager Causeway Capital Management. Specifically, the mandate was awarded to Causeway's developed markets large-cap strategy Global Value Equity. ...

Towers Watson urges instos to consider smart beta

MARK SMITH  |  MONDAY, 28 APR 2014
Investment consultant Towers Watson has thrown its support behind smart beta approaches to investment, recommending institutional investors revisit their equity strategies to incorporate the lower cost products. In a new publication, Global equity investing ...