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Showing 2031 - 2040 of 2489 results for "SPAC"

CFS super deposit taps demand, relieves wholesale reliance

ALISON BEVEGE  |  FRIDAY, 24 JUN 2011
Colonial First State has launched a new deposit product to tap demand for fixed income as more superannuation funds enter the drawdown phase. The new FirstRate Investment Deposits offers a floating interest rate based on the reserve bank cash rate plus ...

Bendigo Wealth expands, restructures with seven senior appointments

ALISON BEVEGE  |  FRIDAY, 24 JUN 2011
Bendigo Wealth has restructured to prepare for the future of financial advice reforms with a raft of new appointments and new products on the way. The wealth management arm of the Bendigo and Adelaide Bank, officially launched in April, has taken a ...

Alt assets fund deals with adviser concerns

ELISE BURGESS  |  FRIDAY, 24 JUN 2011
Advance Asset Management wants to erase the bad reputation alternative strategies garnered during the GFC, launching a new fund with liquidity and efficiency to combat all those who got the space 'wrong'. Advance head of advance investment solutions ...

Trafford-Walker takes new role after securing CEO

MATT WOODINGTON  |  THURSDAY, 23 JUN 2011
Three months after telling Financial Standard that it was looking to appoint a chief executive, Australia's second-largest asset consultant, Frontier, has secured Damian Moloney for the plum role. Managing director Fiona Trafford-Walker will take on ...

Perpetual transitions team around Sevior

ELISE BURGESS  |  THURSDAY, 23 JUN 2011
Soon-to-depart star fund manager, John Sevior, may not return to his original role but instead could explore new boutique fund options within the Perpetual organisation, upon his anticipated return from long service leave. Sevior, who manages 33% of ...

HFA's Lighthouse wins $500m mandate

ELISE BURGESS  |  TUESDAY, 21 JUN 2011
HFA Holdings wholly-owned US subsidiary, Lighthouse Investment Partners, has been awarded a $500 million asset management and advice mandate, positioning the firm to further advance in the global pension fund space. HFA Holdings, an Australian holding ...

Market Wrap - Midday

AAP  |  TUESDAY, 21 JUN 2011
Australian stocks are holding on to early gains at midday, on the back of strong rises in the materials and energy sectors. At 1219 AEST, the benchmark S&P/ASX200 index was up 42.8 points, or 0.96 per cent, at 4,494.5, while the broader All Ordinaries ...

BT Investment Management wins $61m mandate

ALISON BEVEGE  |  MONDAY, 20 JUN 2011
Advance Asset Management has awarded a $61.5 million new mandate to BT Investment Management for the Australian property sector after becoming disenchanted with the former investment managers. The charter was awarded in the March quarter, according ...

Macq expands retail sectors with new appt

ELISE BURGESS  |  MONDAY, 20 JUN 2011
Macquarie Banking and Financial Services Group has taken its next step in expansion plans to build out its retail operations and market share in advised and business banking sectors, with a new head of group marketing appointed. The organisation said ...

The road to ruin

BENJAMIN ONG  |  MONDAY, 20 JUN 2011
In case you missed it, former US Federal Reserve Alan 'el maestro' Greenspan has just declared Greece dead - well, almost. No way out. In an interview with Bloomberg TV, Greenspan declared that the "chances of Greece not defaulting are very ...