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Showing 1781 - 1790 of 2489 results for "SPAC"

netwealth expands its board of directors

JAMES FERNYHOUGH  |  WEDNESDAY, 10 JUL 2013
Wealth manager netwealth Group has appointed a new board member in the shape of Kate Mulligan. Mulligan, who earlier this year founded King Irving Consulting Group, is the third non-executive director to join the netwealth board. Mulligan has served ...

Market Wrap

AAP  |  MONDAY, 8 JUL 2013
The Australian share market is starting the week flat, as weakness in commodity prices and mining stocks offsets gains in other sectors. US stocks rose about one per cent after better-than-expected labour force data on Friday showed more jobs were created ...

MSCI upgrades heighten frontier market concentration risk

MARK SMITH  |  MONDAY, 1 JUL 2013
MSCI's recent upgrade of frontier markets economies has heightened the diversification risk for index strategies in the space, according to Advance Emerging Capital chief investment officer Dr. Slim Feriani. The changes, which come into effect in May ...

Platforms surpass pre-GFC levels

LAURA MILLAN  |  MONDAY, 1 JUL 2013
The platform market has broken funds under advice (FUA) records in the March quarter, after plunging during the global financial crisis (GFC). An uptick in investor confidence and an increase in adviser productivity could be behind the growth of the ...

Mirvac sells 50% stake in Sydney CBD office to AMP

LAURA MILLAN  |  MONDAY, 1 JUL 2013
AMP Capital Wholesale Office Fund (AWOF) has bought a 50% stake in the land and development of 200 George Street, in Sydney CBD from Mirvac Group (Mirvac). The AMP Capital fund has paid Mirvac $317 million for the 50% interest in the Sydney city centre ...

But industry bodies see FoFA delay "unlikely"

LAURA MILLAN  |  FRIDAY, 28 JUN 2013
Financial industry bodies have said a delay of the Future of Financial Advice (FoFA) regulation asked for yesterday by the Financial Services Council (FSC) chief executive John Brogden is "unlikely". An extension of FoFA to July 1, 2014, would require ...

Advisers saturate HNW space

LAURA MILLAN  |  THURSDAY, 27 JUN 2013
An increasing number of advisers are turning their attention to servicing high net worth (HNW) clients, a market that is fast becoming overcrowded according to Harris Fraser managing partner Marc Geary "It has been harder and harder to service the HNW ...

Class Super beats BGL to launch automated property valuator

JAMES FERNYHOUGH  |  WEDNESDAY, 26 JUN 2013
Self-managed super fund (SMSF) software provider Class Super has teamed up with property valuator RP Data to launch an automated property valuations service for SMSFs, ahead of BGL's planned launch of a similar service in two weeks. Class Super chief ...

Environmental trends a boost for Impax

MARK SMITH  |  MONDAY, 24 JUN 2013
Global energy and environmental trends mean the demand for 'resource efficiency' investments will only increase in the years ahead, according to Impax Asset Management chief executive Ian Simm. 'Resource efficiency' or 'resource optimisation' are terms ...

Shelf space battle heats up in US platforms

ALEX DUNNIN  |  MONDAY, 24 JUN 2013
The consolidation of platforms in the US is forcing asset managers to compete harder for shelf space, while at the same time trying to protect advisers, according to new research. Boston-based global analytics firm Cerulli Associates said while this ...