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Showing 251 - 260 of 319 results for "hub24"

nabInvest swoops for Aviva

MATT WOODINGTON  |  FRIDAY, 12 AUG 2011
nabInvest has agreed to acquire Aviva Investors Australia, adding a range of domestic equities strategies to its skill set and $5.5 billion to its funds under management. The deal, which is expected to close this quarter, will see nabInvest take on ...

Aust foreign finance subsidiaries worth $71b

ALEX DUNNIN  |  MONDAY, 4 JUL 2011
Foreign subsidiaries of Australian wealth groups are worth $71 billion and employ 76,000 staff, revealed a new ABS finance sector survey. Recording $28 billion in offshore sales in 2009-10, insurance and pension fund services comprised 63% of this total ...

HSBC expand trade with new head role

ELISE BURGESS  |  TUESDAY, 7 JUN 2011
HSBC has created a new head role as part of its expansion plans for its trade finance business, appointing former BNP Paribas Fortis commodities senior, John Saunders, to the position. Saunders has accepted the new role as head of commodity and structured ...

Schroders move $25bn to single platform

ELISE BURGESS  |  TUESDAY, 31 MAY 2011
Schroders Australia has switched its $25 billion assets onto a new Singapore-based investment management system to keep up with compliance and regulatory changes, choosing portfolio management software provider, SimCorp Dimension. Taking 12 months to ...

Advisers hampered by conflicted platforms

ALISON BEVEGE  |  WEDNESDAY, 25 MAY 2011
Advisers signed up on big institutional platforms are compromising their first duty to their client, independent advisers have said. Out of 26 leading master trust and wrap platforms studied by research firm Investment Trends for its 2010 Investment ...

Market Wrap - Midday

AAP  |  FRIDAY, 20 MAY 2011
The Australian share market was half a per cent weaker at noon, while still heading for a gain for the week, after a pull back in commodity prices weighed on the resources sector. At 1202 AEST, the benchmark S&P/ASX200 index was down 24.8 points, or ...

Swan officially rejects ASX deal but is open to offers

RACHEL DAVIS  |  FRIDAY, 8 APR 2011
Treasurer, Wayne Swan has this morning confirmed his rejection of the proposed merger of ASX Limited (ASX) and Singapore Exchange Limited (SGX) but has insisted that he is open to offers. At a press conference in Canberra this morning, Swan told journalists ...

Super rollovers go electronic

ALISON BEVEGE  |  MONDAY, 28 MAR 2011
A trial program to electronically process super fund rollovers has passed with flying colours and is now open for business. REST, Sunsuper and StatewideSuper tested out the Industry Funds Forum's new eRollover system to see whether it would accurately ...

Homegrown techs gain top billing

ELISE BURGESS  |  THURSDAY, 27 JAN 2011
Market surveillance technology company, the SMARTS Group, and investment technology supplier, the Milestone Group, will be featuring in a technology forum that aims to showcase Australia's leading financial services technology providers. The Financial ...

AMP to launch Singapore direct property arm

ELISE BURGESS  |  TUESDAY, 14 DEC 2010
AMP Capital will expand its current business in Asia by developing an unlisted property business in Singapore next year. Andrew Bird, director and chief investment officer AMP Capital, said that the group will establish new funds, invest in more global ...