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Showing 2411 - 2420 of 3289 results for "Smith"

NFP directors not engaged in fundraising

MARK SMITH  |  FRIDAY, 3 MAY 2013
Directors of not-for-profit (NFP) and charity organisations often play no part in fundraising for their organisations beyond making an annual donation, according to a new study co-funded by the Perpetual Foundation. Perpetual general manager of philanthropy ...

BT Financial boosts Westpac result

MARK SMITH  |  FRIDAY, 3 MAY 2013
BT Financial Group's solid contribution has helped Westpac record a 10% rise in increase in cash earnings for the half-year. In an announcement on the Australian Securities Exchange (ASX) the bank said the wealth arm had benefited from strong flows ...

ANZ appoints global banking MD

MARK SMITH  |  FRIDAY, 3 MAY 2013
ANZ has appointed Manfred Liechti as managing director global private banking. Starting today, he will report directly to global wealth chief executive Joyce Phillips. Liechti has more than 25 years banking experience in Switzerland, London, Sydney ...

Value in EM debt and bank loans for bond investors

MARK SMITH  |  FRIDAY, 3 MAY 2013
Fixed income investors can still find pockets of value in the bank loan and emerging market debt markets, according to Invesco's head of fixed income in London, Greg Freer. The compression of global yields in the wake of the global financial crisis ...

Basel III to see banks focus on longer-term depositors

MARK SMITH  |  THURSDAY, 2 MAY 2013
The requirement to match assets and liabilities under new regulatory proposals will see Australian banks move to a model where customers owning more products, according to ING DIRECT's executive director distribution Lisa Claes. Although the final details ...

Plans to close large UK defined benefit angers members

MARK SMITH  |  THURSDAY, 2 MAY 2013
UK financial services group Axa has announced plans to close its final salary pension to existing members. The company told staff it planned to move 2,300 employees currently in the scheme to a defined contribution pension, where payments are not guaranteed ...

International investment division behind BTIM success

MARK SMITH  |  THURSDAY, 2 MAY 2013
BT Investment Management (BTIM) has reported a strong half-year result, more than doubling statutory net profit after tax and increasing cash net profit by 73%. The board also declared a fully franked interim dividend of 8 cents per share, a 45% increase ...

Top-down approach wins in post-GFC world: Hexavest

MARK SMITH  |  THURSDAY, 2 MAY 2013
In the post-global financial crisis (GFC) world, global equity markets are more sensitive to news flow and macroeconomics than to fundamental business growth, according to Hexavest founding partner and senior vice president Robert Brunelle. The asset ...

New FPA member base shows changing face of industry

MARK SMITH  |  WEDNESDAY, 1 MAY 2013
An influx of Generation Y highlights the transformation of the public face of the financial planning industry, according to the Financial Planning Association (FPA). Figures released by the industry body shows that of more than 1,000 new members who ...

Russell focus on IM is better for clients: Schoenheimer

MARK SMITH  |  WEDNESDAY, 1 MAY 2013
Russell Investments will turn to focus on investment management rather than its consulting and administrative operations following the restructure of its Australian business, according to managing director Alan Schoenheimer. Schoenheimer told Financial ...