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Showing 2821 - 2830 of 6679 results for "Sale"

Bank love affair with wealth management waning

KERRIE SYDEE  |  MONDAY, 16 MAY 2016
... a decision driven by turbulent UK markets and a number of conduct-related issues. In a statement NAB claimed that the 80% sale of its life insurance business to Nippon Life was an "important transaction" that allows the bank to continue to provide insurance ...

European Cities Fund makes first acquisition

KERRIE SYDEE  |  FRIDAY, 13 MAY 2016

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 12 MAY 2016
Australia consumer confidence The drop sparks a rise. There is no doubt that the 8.5% jump in the Westpac-Melbourne Institute consumer sentiment index to 103.2 points in May - the highest level since January 2014 - had been mainly a result of the Reserve ...

Contango announces multi-asset tech partnership

ALEX BURKE  |  WEDNESDAY, 11 MAY 2016
Contango Asset Management has announced a partnership with a financial information provider to develop multi-asset strategies. Bloomberg will provide its buy-side order management system (AIM), portfolio attribution and risk system (PORT), broker-neutral ...

Decimal makes international debut

KERRIE SYDEE  |  WEDNESDAY, 11 MAY 2016
Decimal Software (Decimal) has signed an agreement with a "leading global professional services firm" allowing it to scale delivery of its enterprise grade robo-advice platform to international banks and financial services companies. The Memorandum ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 11 MAY 2016
US NFIB small business optimism The National Federation of Independent Business' (NFIB) small business optimism index increased to 93.6 in April, rebounding from the previous month's two-year low level of 92.6 and better than market expectations for ...

Further monetary stimulus risks woeful asset returns

MARK SMITH  |  FRIDAY, 6 MAY 2016
Central banks are running out of road. If governments ask them to continue down the path of previously unthinkable monetary policy without implementing fiscal policies of their own, there are likely to be severe unintended consequences for the global ...

IFM Investors sells stake in Indiana Toll Road

DARREN SNYDER  |  FRIDAY, 6 MAY 2016
... Concession Company (ITRCC). The global fund manager purchased ITRCC for US$5.7 billion in March last year, and the recent sale saw US pension fund CalPERS acquire 10%. An undisclosed interest has also been sold to US insurer Allstate, while the IFM Investors ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 6 MAY 2016
Australia retail sales ABS data released yesterday gave meat to the RBA's statement after its 3 May Board meeting that, "In Australia, the available information suggests that the economy is continuing to rebalance following the mining investment boom" ...

NAB posts $1.7bn net loss from Clydesdale IPO

ALEX BURKE  |  THURSDAY, 5 MAY 2016
... Wealth has continued its track record of delivering significantly improved results since 2013. The long-term partnership and sale of 80% of our life insurance business to Nippon Life is progressing well and remains on track for finalisation in the second ...