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Showing 2121 - 2130 of 2817 results for "Division"

IOOF profits down, to divest life insurance...

MICHAEL HOBBS  |  THURSDAY, 27 AUG 2009
... to bad markets. At the same time, the firm posted positive net flows of $615 million. The platform and administration division, which includes Spectrum Super, Bridges and individuum recorded a 48 per cent drop in underlying NPAT to $49.2 million as funds ...

Lutheran Super enters pension market

RUTH LIEW  |  WEDNESDAY, 26 AUG 2009
... Rainmaker Information, now offers members an account based pension or transition to retirement income stream in their pension division. Members will need to have at least $50,000 as an initial investment to access these products, according to a statement ...

Suncorp FUM down, life risk profits up

MICHAEL HOBBS  |  TUESDAY, 25 AUG 2009
... life risk profits which rose 13 per cent to $87 million. The firm's full year profit results found the funds management division was hit by bad markets with total funds under management falling 3 per cent to $23.3 billion over a year to June 2009. The ...

DST opens China website

COMPANY RELEASE  |  MONDAY, 24 AUG 2009
... and AEGON. The website was launched in Shanghai by Arun Sarwal, chief executive at the company's investment management division. "This launch demonstrates our commitment to this dynamic country. We now Chinese language versions for all our major products ...

Challenger returns to core

MICHAEL HOBBS  |  MONDAY, 24 AUG 2009
... funds outperformed their respective benchmarks over the financial year. Lower contributions from the funds management division was offset by growth in the life and mortgage divisions. Meanwhile, the group's life division's assets under management rose ...

Macquarie buys Delaware Investments

RUTH LIEW  |  THURSDAY, 20 AUG 2009
... Coyne will report to Ben Bruck, executive director of Macquarie Funds Group and head of Macquarie's Affiliated Managers Division.

Perpetual poised to gain market share

MICHELLE BALTAZAR  |  WEDNESDAY, 19 AUG 2009
... horribilis, with group net profit after tax down 71 per cent to $37.7 million compared to $128.8 million in 2008. Key division Perpetual Investments saw funds under management down 14 per cent to $26.2 billion as at June 30, delivering underlying profit ...

Van Eyk resigns as executive chair

MICHAEL HOBBS  |  WEDNESDAY, 19 AUG 2009
... personal reasons. He remains a significant shareholder in the company and will continue to consult to the firm's research division until March 2010. This announcement follows Stephen van Eyk moving from managing director and chair at the firm to executive ...

Challenger to ramp up life and funds mgmt after mortgage sale

MICHELLE BALTAZAR  |  TUESDAY, 18 AUG 2009
... intends to focus its resources on its life and funds management businesses following the sale of its mortgage management division to NAB for $385 million. This morning NAB and Challenger confirmed newspaper reports that the bank will acquire Challenger's ...

Westpac FP maintains focus on senior planners

MICHAEL HOBBS  |  MONDAY, 17 AUG 2009
Westpac's financial planning division is running behind its aspirational target to recruit 200 senior financial planners over three years. Despite this setback, the group has no plans to change its umbrella strategy. Westpac Financial Planning's three ...