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Showing 3021 - 3030 of 6679 results for "Sale"

Big four prepared for APRA capital adequacy changes

ALEX BURKE  |  MONDAY, 20 JUL 2015
... boost our capital position, including partially underwriting the First Half 2015 dividend reinvestment plan and the recent sale of shares in BT Investment Management."

AIA sees $1.9bn premium growth

DARREN SNYDER  |  FRIDAY, 17 JUL 2015
AIA recorded the highest percentage growth among Australia's life insurance risk premium inflows during the 12 months to March 2015 according to Plan for Life data. AIA grew 20.2%, recording $1.87 billion in inflows, seeing them jump from fifth to third ...

Nikko AM appoints head of private wealth

LAURA MILLAN  |  FRIDAY, 17 JUL 2015
Nikko Asset Management Australia has appointed a head of private wealth to oversee the firm's relationships with independent financial advisers. Naomi Finnigan joins Nikko AM from Mason Stevens, where she was director of distribution and adviser services. ...

Fed lady sings (the same old song)

BENJAMIN ONG  |  FRIDAY, 17 JUL 2015
The Fed lady sang for two consecutive days but "not a creature was stirring, not even a mouse". The S&P 500 index fell all of 0.07% when Janet testified before the House Financial Services Committee on the 15th, but more likely than not this was due ...

BTIM share offer oversubscribed

ALEX BURKE  |  THURSDAY, 16 JUL 2015
Westpac Group announced the sale of 27 million BT Investment Management shares had been oversubscribed at $8.20 per share. This follows Westpac's announcement in June that it was selling part of its stake in BTIM; the offer opened on 22 June and closed ...

Lift-off on Carney's mind

BENJAMIN ONG  |  WEDNESDAY, 15 JUL 2015
It's now safe to go back in the waters... This, perhaps, was what's in Bank of England (BOE) governor Mark Carney mind when, a day after news of the Greek deal, he told the UK Treasury select committee that: "The point at which interest rates may begin ...

Strong passive flows force managers to lower fees

LAURA MILLAN  |  TUESDAY, 14 JUL 2015
Flows into passive strategies have forced active fund managers to lower their fees, global research by US-based management consultant Casey Quirk has found. Passive strategies accounted for 93% of total net new flows at registered products in the United ...

Northern Trust wins NZ Super mandate

MARK SMITH  |  TUESDAY, 14 JUL 2015
Northern Trust's international asset management arm has been appointed to run a Barclays Global Aggregate fixed income mandate for the $26 billion New Zealand Superannuation Fund (NZ Super). The new mandate, which incorporates the super funds' environmental ...

Peters MacGregor makes marquee hire

STAFF WRITER  |  WEDNESDAY, 8 JUL 2015
Peters MacGregor Capital Management has appointed a head of distribution from Aberdeen Asset Management. Alex Haynes will manage the firm's relationships with direct investors, financial planners and institutional investors. Haynes was Aberdeen Asset ...

Midwinter appoints senior BDM from Commsec

STAFF WRITER  |  WEDNESDAY, 8 JUL 2015
Midwinter has appointed a senior business development manager who was previously at Commsec for over nine years. Adam Rebeira has been appointed in anticipation of Midwinter's further growth and will be managing the firm's relationships within the financial ...