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Showing 2551 - 2560 of 3163 results for "Owner"

How the wealthy invest their money

RUTH LIEW  |  FRIDAY, 25 JUN 2010
Australia's high net worth population increased by 34 per cent last year, according to a new report that sheds some light on how the rich allocated their funds just after the peak of the GFC. The latest World Wealth Report, released by Merrill Lynch ...

NY firm defrauds billion dollar CDOs

RUTH LIEW  |  TUESDAY, 22 JUN 2010
... engaging in fraudulent practices and misrepresentations that saw the CDOs lose tens of millions of dollars. Thomas Priore, owner and president of ICP Asset Management, was alleged to have directed the activities, when mortgage markets came under pressure ...

Allegro unveils second PE fund

COMPANY RELEASE  |  TUESDAY, 22 JUN 2010
Emerging Australian private equity investor, Allegro Private Equity, has launched a new fund to raise more than $200 million, targeting smaller mid-market private equity opportunities emerging in the post-GFC environment. According to a press statement ...

SMSF education gains traction

COMPANY RELEASE  |  WEDNESDAY, 16 JUN 2010
More than 700 new members have joined SMSF online resource centre, www.thesmsfreview.com.au in its first three weeks of launching. Paragem Dealer Services introduced the website to the financial planning community in late May. Ian Knox, managing director ...

HESTA hires Hermes for intl ESG

MICHAEL HOBBS  |  WEDNESDAY, 16 JUN 2010
HESTA has appointed Hermes Equity Ownership Services (EOS) to provide environmental, social and governance (ESG) research and voting services on international share investments. Hermes EOS' appointment does not impact its agreement with Regnan, which ...

INGIM tackles retail, welcomes regulatory changes

RUTH LIEW  |  FRIDAY, 11 JUN 2010
Steven Billiet, chief executive of less than six months at ING Investment Management in Australia, gives an update on the firm's distribution strategy and says the company is well-placed to compete with the incumbents amid regulatory reforms. Billiet ...

Civic joins Financial Index Australia

COMPANY RELEASE  |  THURSDAY, 10 JUN 2010
With succession planning an issue among advisers, Civic Financial Planning has merged with Financial Index Australia to ensure the firm's handover is transitioned smoothly when its principal planners retire. Canberra-based Civic Financial Planning ...

African dev't needs private equity: Mobius

MICHAEL HOBBS  |  TUESDAY, 8 JUN 2010
Mark Mobius, executive chair at Templeton Asset Management, said private equity firms could play a major role in developing Africa's natural resources. Mobius said the investment outlook for Africa is positive as its agricultural products and abundance ...

AdminPARTNERS improves back office, adds staff

COMPANY RELEASE  |  THURSDAY, 3 JUN 2010
Administration software and service provider AdminPARTNERS has substantially upgraded its back office infrastructure and hired two new staff to better serve its growing number of super fund clients. The group, formerly named GPEN, specialises in mid-sized ...

Solaris hires ex-Suncorp ESG manager

PRESS RELEASE  |  FRIDAY, 21 MAY 2010
Solaris Investment Management has appointed former Suncorp portfolio specialist, Lisa Domagala, to focus on environmental, social and governance (ESG) issues. Domagala has previously worked at McIntosh Hamson Hoare Govett, now Merrill Lynch, and also ...