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Showing 2171 - 2180 of 3289 results for "Smith"

North Asian cyclical stocks 'unjustifiably cheap'

MARK SMITH  |  MONDAY, 29 JUL 2013
Cyclical companies based in North Asian economies represent the best value investment in Asia, according to AllianceBernstein's specialist in the region Stuart Rae. The portfolio manager, who is chief investment officer for Pacific Basin Value Equities ...

Credit Suisse Asia Pac private banking chairman steps down

MARK SMITH  |  MONDAY, 29 JUL 2013
Credit Suisse chairman of private banking for the Asia Pacific region Marcel Kreis has stepped down from his role this month, the financial services company has confirmed. Kreis joined Credit Suisse in February 2007 as head of private banking for Asia ...

SSgA invests $50m in Chinese fund manager partnership

MARK SMITH  |  FRIDAY, 26 JUL 2013
Investment manager State Street Global Advisors (SSgA) has launched a joint venture in China with Zhongrong International Trust (ZRT). Based in Beijing, the joint venture will manage local investment funds on behalf of retail, high net worth and institutional ...

R&D focus giving Asian companies greater pricing power

MARK SMITH  |  FRIDAY, 26 JUL 2013
A dramatic increase in the amount Asian companies are spending on research and development means many are fast becoming world beaters, according to one Fidelity portfolio manager. Presenting to more than 300 advisers at an event in Sydney with regional ...

Perpetual attributes FUM decline to market falls

MARK SMITH  |  FRIDAY, 26 JUL 2013
Perpetual's funds under management (FUM) fell 2.7% in the quarter to 30 June 2013. The fund manager attributed the fall to weaker equity market performance, noting that the S&P/ASX 300 Accumulation index fell 2.8%. On a year-on-year basis, FUM increased ...

Yellow Brick Road amends staff authorisations after ASIC concerns

MARK SMITH  |  FRIDAY, 26 JUL 2013
Yellow Brick Road (YBR) has changed the way it authorises companies and individuals to offer loan advice following concerns from the regulator. YBR has directly authorised more than 100 people working in its branches as credit representatives. However ...

Acorn appoints Asia Small Cap portfolio manager

MARK SMITH  |  THURSDAY, 25 JUL 2013
Acorn Capital has appointed Paul Quah as a portfolio manager/analyst for its Acorn Capital Asia Small Cap Fund. He will be responsible for analysing and selecting stocks in the consumer discretionary sector across all Asian markets excluding Japan. ...

Credit Suisse to launch small-cap business with First NZ Capital

MARK SMITH  |  THURSDAY, 25 JUL 2013
Credit Suisse and First NZ Capital have expanded their partnership to form a new business focused on the Australian small-cap sector. Credit Suisse Australia and the New Zealand stockbroker have held a strategic alliance since 2002. Credit Suisse said ...

Fidelity launches new mid-small cap Australian equity fund

MARK SMITH  |  THURSDAY, 25 JUL 2013
Fidelity has launched a new Australian equity fund focusing on the mid- and small-cap market. The Fidelity Future Leaders Fund will comprise a portfolio of between 40 and 70 stocks from outside the Australian market's 50 largest companies. The fund ...

Macquarie expects 2014 profit rise after strong quarter

MARK SMITH  |  THURSDAY, 25 JUL 2013
The strong performances of Macquarie Group's wealth divisions have led the financial services company to confirm it expects to report a year-on-year rise in profits for 2014. In a first quarter update ahead of the group's annual general meeting, managing ...