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Showing 2311 - 2320 of 6679 results for "Sale"

Xero founder sells $94.5m in shares to fund philanthropy

ALEX BURKE  |  FRIDAY, 17 NOV 2017
... selling three million Xero shares to fund philanthropic and social endeavours. In an ASX statement, Xero said Rod Drury's sale to institutional and professional investors at $31.50 per share was "likely successful." Following the sale, Drury will remain ...

Where in the cycle is Australia?

BENJAMIN ONG  |  FRIDAY, 17 NOV 2017
"In the next 5000 kilometres, turn right." Even the now-ubiquitous GPS (global positioning system) will ask you're starting point before it gives directions to your destination. But what if you don't know where you presently are? Such is the problem ...

APRA picks NAB veteran for senior hire

ALEX BURKE  |  WEDNESDAY, 15 NOV 2017
APRA has appointed a new executive general manager, specialised institutions. Mark Adams joins the regulator from Versent, where he was acting chief operating officer. Before that, he was executive general manager, digital banking at UBank, and held ...

Media Super appoints investments GM

ALEX BURKE  |  WEDNESDAY, 15 NOV 2017
Media Super has appointed a general manager, investments. Norman Zhang joins the super fund from Frontier Advisors, where he was lead consultant. Prior to that, he was a consultant at Ernst & Young and a commercial credit cards service consultant at ...

Australian business conditions gone gangbusters

BENJAMIN ONG  |  WEDNESDAY, 15 NOV 2017
Say what? "Business conditions hit an all new high in October, although leading indicators suggest the possibility of some pull-back in coming months. The business conditions index jumped by an impressive 7 points in October, to +21 index points, which ...

SSGA sales head lands top job, successor named

DARREN SNYDER  |  TUESDAY, 14 NOV 2017
The head of managed fund sales at State Street Global Advisors in Australia is relocating to the US headquarters in Boston for a senior role. Starting in the new year, Amy Johnston will lead a sales team across the Americas servicing corporates, endowments ...

Legg Mason appoints insto sales head from Media Super

ALEX BURKE  |  MONDAY, 13 NOV 2017
Legg Mason has appointed a new institutional sales director. Justin Nunan joins the $962 billion fund manager from Media Super, where he was an investment manager. Prior to that, he held multiple roles at ME Bank, including head of treasury sales, institutional ...

Industry veteran joins RBC, targets Australian growth

EMMA RAPAPORT  |  MONDAY, 13 NOV 2017
RBC Investor and Treasury Services, part of Royal Bank of Canada, announced the appointment of an industry veteran as managing director, head of global client coverage Australia. David Brown joins RBC I&TS with more than 29 years' experience in financial ...

J.P. Morgan wins SMA custody mandate

JAMIE WILLIAMSON  |  MONDAY, 13 NOV 2017
J.P. Morgan will provide custody and equities execution services to support the new international separately managed accounts business of a $7 billion platform. Following a competitive tender process, Praemium has appointed the bank and will now offer ...

BTIM delivers record profit despite fee pressure

ALEX BURKE  |  WEDNESDAY, 8 NOV 2017
BT Investment Management boosted its cash net profit after tax by 11% to $173.1 million, despite a 51% dip in performance fee earnings. The profit was mostly driven by strong net inflows of $4.7 billion; the boost in funds under management - up 14% ...