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Showing 2271 - 2280 of 3289 results for "Smith"

Chi-X saved investors $215 million in first year

MARK SMITH  |  TUESDAY, 25 JUN 2013
The increased competition provided by Chi-X, Australia's largest alternative exchange venue, saved investors $215 million in trading costs in the 12 months since launch, a study conducted by Capital Markets Cooperative Research Centre (CMCRC) has estimated. ...

Russell appoints three to actuarial team

MARK SMITH  |  TUESDAY, 25 JUN 2013
Russell Investments has expanded its actuarial consulting team with three new senior appointments. Louise Campbell has been promoted to director and head of actuarial, while new hires Bill Buttler and Margaret O'Halloran join as director and senior ...

BNP Paribas launches dealing services in Australia

LAURA MILLAN, MARK SMITH  |  TUESDAY, 25 JUN 2013
Global custodian BNP Paribas Securities Services (BNP Paribas) has targeted super funds with in-house investment capabilities with the expansion of its global dealing services solution to include the Australian market. The custodian has launched the ...

Former Macquarie director resurfaces at Citi

MARK SMITH  |  MONDAY, 24 JUN 2013
Former Macquarie Bank divisional director Alan Machet has been appointed as head of Citi's Australian cards business. At Macquarie, Machet led the direct distribution of retail financial services for the investment bank's Private Wealth division. "We ...

Hunter Hall founder targets instos and SMSFs

MARK SMITH  |  MONDAY, 24 JUN 2013
Parker Asset Management has re-launched in Australia as Altair Asset Management to reflect a broadening of its business beyond family office and private wealth investment to include institutional and retail clients. Philip Parker, who co-founded Hunter ...

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 ...

AMP issues profit warning on insurance claims

MARK SMITH  |  MONDAY, 24 JUN 2013
Wealth manager and insurer AMP has warned that its half-year profit is likely to come in below expectations. In a press release the financial services company said profit would likely come in between $415 million and $435 million, or roughly 13% lower ...

AIST employee to take legal action over workplace dispute

MARK SMITH  |  FRIDAY, 21 JUN 2013
The Fair Work Commission gave the green light for an Australian Institute of Superannuation Trustees (AIST) employee to take legal action against the industry body after she claimed to have been constructively dismissed. IT systems administrator Hanina ...

IOOF invests $75m in syndicated loan market

MARK SMITH  |  FRIDAY, 21 JUN 2013
IOOF multi manager, IOOF Multimix, has become one of the first non-bank participants in the syndicated loan market through its $75 million investment in the Metrics Credit Partners Diversified Australia Senior Loan Fund. Metrics Credit Partners provides ...

Coalition pledges support for super laws amendments bill

JAMES FERNYHOUGH  |  FRIDAY, 21 JUN 2013
... in Parliament yesterday. Speaking on behalf of the Shadow Treasurer, Shadow Parliamentary Secretary for Tax Reform Tony Smith said the Coalition would support the bill. "Without allowing a transferring entity to transfer losses to another fund, members' ...