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Showing 2301 - 2310 of 4543 results for "Michael"

Alliance Bernstein loses staff from Aus Equity Growth and Ind'l funds

MICHAEL HOBBS  |  MONDAY, 10 MAY 2010
Johan Carlberg, portfolio manager of AXA Australia's wholesale Australian Equity Growth and Industrials funds, and three analysts, have left the firm, prompting a 'sell' rating from S&P on both products. Standard & Poor's said the loss of Carlberg and ...

Investment managers gain fraud insurance

MICHAEL HOBBS  |  FRIDAY, 7 MAY 2010
Investment managers can insure the rogue traders or internal fraudsters after a local firm launched its suite of insurance products for financial services providers. Zurich Financial Services (Australia) launched two insurance options to the market ...

AMP corp super inflows fall

MICHAEL HOBBS  |  THURSDAY, 6 MAY 2010
AMP corporate super cash inflows fell due to lower rollovers and a decline in salary sacrifice contributions because of changes in concessional contribution caps, according to the firm's first quarter cash flows report. AMP Financial Services' corporate ...

AXA pushes for fee-for-service July deadline

MICHAEL HOBBS  |  THURSDAY, 6 MAY 2010
AXA is working with its financial planners to ensure they are compliant with its fee-for-service structure by July this year. Simon Wallace, general manager of advice and licensing at AXA, said the firm had been working with its financial planners for ...

APRA contacts funds on rollover fraud

MICHAEL HOBBS  |  THURSDAY, 6 MAY 2010
Super funds are being told to double check rollover applications after the tax office contacted the Australian Prudential Regulation Authority (APRA) about a number of phoney rollover requests. In a letter sent to APRA regulated super funds, the prudential ...

FPA appoints Rantall to top job

MICHAEL HOBBS  |  WEDNESDAY, 5 MAY 2010
The Financial Planning Association (FPA) has appointed former Godfrey Pembroke managing director, Mark Rantall, as chief executive. Rantall worked at NAB-owned Godfrey Pembroke between 2003 and 2008 where he helped the dealer group transition more than ...

AMP upgrades insurance

PRESS RELEASE  |  WEDNESDAY, 5 MAY 2010
... signatures required when lodging insurance applications and personal statements, further streamlining the process," said Michael Paff, director of wealth protection products at AMP. The firm's trauma policy has been redesigned to provide more flexible ...

Market Wrap - Midday

AAP  |  TUESDAY, 4 MAY 2010
... to $67.19 and Fortescue Metals was down 23 cents, or 5.24 per cent, to 4.16. Austock Securities senior client adviser Michael Heffernan said sentiment from Monday was again at play despite an optimistic opening. "The resources and the banks have eased ...

Fortitude and Aurora merge to create $570m manager

MICHAEL HOBBS  |  TUESDAY, 4 MAY 2010
Hedge fund manager Fortitude Capital and Aurora Funds have signed a deal to merge - a move that will form a $570 million fund manager. Aurora employees will move over in the deal and John Corr, founder of Fortitude, will become chief investment officer ...

Russell launches dividend ETF

MICHAEL HOBBS  |  TUESDAY, 4 MAY 2010
Russell Investments has launched its high dividend Australian shares exchange traded fund (ETF). The Russell High Dividend Australian Shares ETF provides access to around 50 blue chip stocks that typically deliver high dividends. The portfolio contains ...