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Showing 2961 - 2970 of 4543 results for "Michael"

CHAMP buys Centric Wealth

RUTH LIEW  |  TUESDAY, 3 MAR 2009
... planning industry and is in the vanguard of the sector with a fee for service model," said Centric Wealth, chief executive Michael Pillemer. David Jones, CHAMP managing director said he believed the longer term dynamics of the financial planning industry ...

ML downsizes private equity team

MICHAEL HOBBS  |  MONDAY, 2 MAR 2009
Merrill Lynch is scaling back its Sydney-based private equity division, according to industry sources. It is understood Merrill Lynch has axed many of the firm's Australian based private equity employees. A company spokesperson neither confirmed nor ...

Westpac launches BlueChip20

MICHAEL HOBBS  |  MONDAY, 2 MAR 2009
Westpac has launched an Australian shares separately managed account (SMA) that invests in the blue chip stocks to entice generation X into the market. The BlueChip20 SMA allows investors to build a portfolio in Australia's top 20 firms for a $2,500 ...

SMAs under ratings microscope: van Eyk

MICHELLE BALTAZAR  |  FRIDAY, 27 FEB 2009
... investment portfolio. Speaking at the Financial Standard's 2009 Managed Accounts seminar yesterday, van Eyk's national manager Michael Angwin said adviser demand has prompted the group to look at rating SMAs. He stressed that they are still in discussion ...

APRA outlines priorities

MICHAEL HOBBS  |  FRIDAY, 27 FEB 2009
The Australian Prudential Regulation Authority's (APRA) is focused on authorised deposit taking institutions (ADIs) liquidity risk, prudent capital management and executive remuneration this year. Speaking at the Australian British Chamber of Commerce ...

Tassie adviser banned

MICHAEL HOBBS  |  THURSDAY, 26 FEB 2009
ASIC has banned Tasmanian-based financial adviser from providing financial services for 18 months after lying to the regulator during an investigation. Financial adviser, Brendan Moore of New Town was convicted in Hobart Magistrates Court for making ...

FPA members gain practice tool

MICHAEL HOBBS  |  WEDNESDAY, 25 FEB 2009
Financial Planning Association (FPA) members can benchmark their business against others in the industry and identify areas for improvement after Business Health's practice diagnostic program was added to the association's online member section. The ...

GWA opens Melbourne office

MICHAEL HOBBS  |  TUESDAY, 24 FEB 2009
Global index provider, Global Wealth Allocation (GWA) has opened a Melbourne office and plans to launch a suite of Australian products in the next six months. Former GWA UK head of research, Tony Sutton returns to Australia to manage the Melbourne office ...

REST ramps up credit exposure

MICHAEL HOBBS  |  TUESDAY, 24 FEB 2009
Retail Employees Superannuation Trust (REST) extended the fund's credit exposure by investing $150 million in the Credit Suisse Syndicated Loan fund and $100 million Stone Tower's Offshore Credit fund in December. Damian Hill, REST chief executive ...

Bell profit hit by bad markets

MICHAEL HOBBS  |  TUESDAY, 24 FEB 2009
Stock broking and financial advisory firm, Bell Financial Group, saw profit after tax fell almost 60 per cent to more than $14 million last year. The group posted more than $175 million in revenue for the 12 months to December last year, down more than ...