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Showing 351 - 360 of 365 results for "divestment"

Zurich reviews managers after DeAM divestment

HAMISH MADDEN  |  THURSDAY, 29 MAR 2007
Hot on the heels of Deutsche Asset Management's (DeAM) divestment of its Australian funds management manufacturing business to Aberdeen Asset Management, Zurich Financial Services has asked Mercer Investment Consulting to undertake a review of managers ...

Westpac offloads $300bn sub-custody business to HSBC

... executive. The group said that all custody employees will be offered a role with HSBC and net proceeds of the $150 million divestment will be ploughed back into the company's growth initiatives. The group expects the sale to have no significant net impact ...

SimCorp appoints project manager

HAMISH MADDEN  |  MONDAY, 17 JUL 2006
Software provider SimCorp has appointed a new project manager to oversee the implementation of SimCorp Dimension to customers. Based in Sydney, William Fraser will report to SimCorp Asia's customer director, Dennis Brandt. Fraser joins SimCorp from ...

MacarthurCook and JF Meridian trade $32m Canberra property

ALEX DUNNIN  |  FRIDAY, 30 JUN 2006
... million] value and will give JFM the opportunity to re-deploy capital into other growth orientated assets." Following the divestment, JFM's direct sector weighting by asset value will be 35 per cent to commercial, 33 per cent to retail, 18 per cent to ...

Trafalgar shifts strategy and ditches some non-core assets

HAMISH MADDEN  |  THURSDAY, 20 APR 2006
... Trafalgar's strategy to divest non-core assets, a strategy which was flagged earlier in the year. Contracts for the divestment of the Trafalgar Enhanced Income Fund, for which Trafalgar is the responsible entity and for which SG Hiscock will continue ...

AXA grow adviser support

AXA Financial Advice Network is expanding the support it offers its financial advisers, by releasing a new business management solution to be introduced and overseen by a new national manager who is set to start this month. Steven Davison, previously ...

Seven says foreign ownership level above allowed level

AAP  |  THURSDAY, 30 SEP 2004
... the normal course of trade it will need to order divestiture by foreign holders in accordance with the suspension and divestment provisions contained in.. (Seven's) constitution," the company said. The Broadcasting Services Act forbids foreigners from ...

AIF to maintain dividends, after reporting $11.2 million net profit

... expected before June 2004. No cash contribution from the assets in Epic are expected this financial year. Following the divestment of Epic AIF will have 100 per cent of its investment in transport assets. AAP

Absolute Capital discards capital markets capability

Alternative investments manager Absolute Capital has announced the divestment of its capital markets business, after only last week announcing a strategic alliance with ABN AMRO. The tie with ABN AMRO is expected to give Absolute Capital access to the ...

AMP share price opens lower after Cicutto comments

AMP's share price opened a further 15 cents lower this morning at $6.40, following National Australia Bank (NAB) chief Frank Cicutto's comments Friday criticising aspects of the proposed demerger. In a statement to the Australian Stock Exchange, Mr ...