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Showing 251 - 260 of 314 results for "Merit"

BT Investment Management wins $61m mandate

ALISON BEVEGE  |  MONDAY, 20 JUN 2011
... investment solutions Patrick Farrell said they were assessed by the same criteria as any other manager and won the mandate on merit. Farrell said AAM had looked for a new Australian property manager after becoming uncomfortable with a change of personnel ...

MLC clarifies AXA adviser hunt

MATT WOODINGTON  |  WEDNESDAY, 15 JUN 2011
MLC has confirmed that it is attempting to capitalise on uncertainty among advisers following the AMP/AXA merger by offering one off payments to lure new talent. In an email sent to its own rank of advisers, MLC's executive general manager, advice and ...

Advisers hampered by conflicted platforms

ALISON BEVEGE  |  WEDNESDAY, 25 MAY 2011
... product first." By contrast, independent platforms must offer the best-of-breed of all products on the market and compete on merit in the hope that advisers will offer them to clients. McKeage said there were many good products on the market. "We have ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 11 MAY 2011
The Australian market is expected to open higher on Wednesday, following upbeat performances in markets broadly overnight. On the ASX 24 at 0659 AEST, the June share price index futures contract was 47 points higher at 4,766. In economics news, markets ...

Share plummet overplayed - fund managers

MATT WOODINGTON  |  WEDNESDAY, 16 MAR 2011
Fund managers remain cautiously optimistic for global growth despite the dramatic fall in global share prices sparked by the threat of nuclear catastrophe in Japan. A huge market sell off occurred yesterday afternoon when another explosion hit a Fukishima ...

Platypus wins court case

MEDIA RELEASE  |  FRIDAY, 17 DEC 2010
... Mead, chairman of Platypus, said that the finding justified Platypus' stand. "We always believed that the case was without merit and throughout this regrettable matter we have resolutely argued our position," he said. "Today's finding vindicates our ...

ACCC gives go ahead to SGX-ASX deal

JOHN MCDULING  |  WEDNESDAY, 15 DEC 2010
The competition regulator has approved the Singapore exchange's controversial plans to acquire the local bourse - setting the stage for a volatile debate next year over whether the deal is in the national interest. Approval from the ACCC was not expected ...

Move beyond benchmarks: GMO

JOHN MCDULING  |  FRIDAY, 10 DEC 2010
GMO asset manager James Montier implored investors to move beyond policy benchmarks, and called for a risk rethink at a recent Investment Management Consultants Association conference. "The minute you give an investment manager a policy benchmark, all ...

MLC acquires remaining Meritum stake

ELISE BURGESS  |  WEDNESDAY, 1 DEC 2010
MLC has completed its purchase of Meritum Financial Group, a planning group that MLC inherited as part of its Aviva acquisition. MLC acquired a minority ownership stake in Meritum as part of its acquisition of Aviva Australia, who was a stakeholder ...

Goodman makes play for $1.2 billion ING REIT

JOHN MCDULING  |  THURSDAY, 28 OCT 2010
Goodman Group, along with "three major pension and sovereign wealth funds", has made a move for the ING Industrial Fund, it was revealed this morning. In a statement to the ASX, ING said it had received a "highly conditional" proposal from the consortium ...