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Showing 2921 - 2930 of 3265 results for "January 31"

Market wrap - morning

AAP  |  WEDNESDAY, 17 OCT 2007
The Australian stock market is likely to open in the red for a second day running, following another poor performance on Wall Street, oil prices climbed and base metals were softer. At 0725 AEST on the Sydney Futures Exchange, the December Share Price ...

Westpac jumps in to save RAMS

CHRIS NICHOLLS  |  TUESDAY, 2 OCT 2007
Westpac has thrown a lifeline to troubled home loan lender RAMS Home Loans, offering to buy the franchise distribution arm for $140 million in cash. The purchase will include the RAMS brand, franchise network and associated mortgage origination, servicing ...

AMP names new chief

AMP appointed the head of its largest division as the successor to long-time chief executive Andrew Mohl. Craig Dunn, the current managing director of AMP Financial Services, will be the new chief executive effective 1 January next year, after seven ...

Fidelity lures Doherty from Perpetual

CHRIS NICHOLLS  |  MONDAY, 17 SEP 2007
Fidelity Investments has announced Perpetual's wealth management group executive Gerard Doherty will join as managing director from January 2008. Doherty leaves after nearly 15 years at Perpetual. He was headhunted by Fidelity after the resignation ...

Harvard Endowment Fund chief quits

CHRIS NICHOLLS  |  THURSDAY, 13 SEP 2007
Mohamed El-Erian, chief executive of Harvard Management Company (HMC) and manager of the $41.5 billion Harvard Endowment Fund, has announced his resignation, effective at the end of 2007. He will return to California-based Pacific Investment Management ...

Dixon in three-part expansion push

MICHAEL HOBBS  |  MONDAY, 27 AUG 2007
Dixon Advisory joins the big league after it added 22 advisers with $1.5 billion in funds under advice (FUA) to its network, appointed former Bulletin editor Max Walsh to its investment committee and completed a business re-branding. Former ABN AMRO ...

ASX updates corporate governance guidelines

CHRIS NICHOLLS  |  FRIDAY, 3 AUG 2007
The Australian Securities Exchange Corporate Governance Council today released its first update to the ASX's Corporate Governance Principles and Recommendations since 2003. To be launched officially this afternoon by Parliamentary Secretary to the Treasurer ...

AustralianSuper presents pension made easy

HAMISH MADDEN  |  TUESDAY, 31 JUL 2007
AustralianSuper has unveiled a new in-house account-based pension for its 160,000 eligible members. Chief executive, Ian Silk, said he was expecting a strong uptake from eligible members with the pension being made available from January 2008. "With ...

SMSFs and mergers drive Macq property fund growth

CHRIS NICHOLLS  |  WEDNESDAY, 25 JUL 2007
Macquarie Direct Property Fund (MDPF) today announced assets under management increased by almost 200 per cent over the past 12 months through a series of mergers and acquisitions that tipped in over $800m. The fund also experienced another successful ...

HFA finds Lighthouse leads to global growth

CHRIS NICHOLLS  |  TUESDAY, 24 JUL 2007
HFA has agreed to purchase US-based alternative investment manager Lighthouse Partners for A$707 million in cash and shares - approximately 11 times Lighthouse's estimated FY08 EBITDA - as the new business focuses on growing its global alternatives ...