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Showing 191 - 200 of 234 results for "GE Capital"

Gen insurance posts 61pc fall in NPAT

MICHAEL HOBBS  |  MONDAY, 10 AUG 2009
APRA-regulated general insurance companies suffered a total 61 per cent drop in net profit after tax to $2.1 billion due to higher claim costs and lower interest rates last year although the industry's total assets rose 0.7 per cent to $92.7 billion ...

QSuper bulks senior investment team

COMPANY RELEASE  |  WEDNESDAY, 29 JUL 2009
QSuper has appointed former QIC head of portfolio design, Damian Lillicrap, as head of strategy and Herbert Chang as head of capital markets. Lillicrap and Chang, together with head of funds management Charles Woodhouse complete the roster of senior ...

US church pension ramps up Asia-Pac presence

RUTH LIEW  |  TUESDAY, 2 JUN 2009
The Church Pension fund, a US-based pension fund with $9 billion in assets, opens an office in Hong Kong as it bulks up its portfolio in Asian real estate and private equity assets. According to oversees news reports, the fund has hired Mason - who ...

AMP posts strong super and risk flows

MICHAEL HOBBS  |  FRIDAY, 15 MAY 2009
AMP recorded around $2 billion in net cashflows to the firm's superannuation and pension business last year and announced a focus on simpler, transparent products in the long term. AMP Financial Services' net cashflows were up $81 million in the first ...

The power of optimism

BENJAMIN ONG  |  MONDAY, 16 MAR 2009
... market's sentiment that has changed. Finally, the good news came in the form of Standard & Poor's downgrading of GE and GE Capital's long-term credit rating by less than market expectations. A downgrade is a downgrade but a less-than-expected downgrade ...

Market Wrap - Morning

AAP  |  THURSDAY, 16 OCT 2008
The Australian share market is expected to open significantly lower after US stocks slumped overnight as economic reports there showed the economy is headed for a recession, if not there already. At 0753 AEDT, the December Share Price Index futures ...

Mariner to shed more light on restructure

MICHELLE BALTAZAR  |  MONDAY, 15 SEP 2008
Mariner Financial is to announce its long awaited results, delayed for two weeks, in the next couple of days - with executive chair Bill Ireland expected to provide more details on the proposed recapitalisation of the business. Shares in Mariner were ...

Challenger buys 30pc stake in ex-CS boutique

RUTH LIEW  |  FRIDAY, 22 AUG 2008
Challenger has snapped up 30 per cent of a soon to be launched fixed interest boutique headed by former head of fixed interest at Credit Suisse Asset Management Australia, Ben Alexander. Challenger will buy one third of the new boutique, expected to ...

Bravura broadens UK footprint

CAMERON BOGGS  |  THURSDAY, 3 JUL 2008
Homegrown financial software provider Bravura Solutions has been busy signing deals in the UK after extending existing contracts with Legal & General and MGM Advantage. This week Bravura renewed its contract with Legal & General for another three years ...

Treasury Asia wins $61.9m Skandia mandate

MICHAEL HOBBS  |  WEDNESDAY, 11 JUN 2008
Skandia Investment Group (SIG) has awarded a $61.9 million Asian mandate for its Global Best Ideas fund to Treasury Asia Asset Management. Treasury Asia Asset Management is a boutique investment manager specialising in active investment management in ...