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Showing 361 - 370 of 2284 results for Alex Burke

BTIM delivers record profit despite fee pressure

ALEX BURKE  |  WEDNESDAY, 8 NOV 2017
BT Investment Management boosted its cash net profit after tax by 11% to $173.1 million, despite a 51% dip in performance fee earnings. The profit was mostly driven by strong net inflows of $4.7 billion; the boost in funds under management - up 14% ...

State Street global chief to retire

ALEX BURKE  |  WEDNESDAY, 8 NOV 2017
State Street's global chief executive will retire next year after more than 30 years with the global financial services firm. Jay Hooley took the reins at the US' second-oldest financial institution in 2010, having joined in 1986. Over the past three ...

Fintech firm launches $7.5m IPO

ALEX BURKE  |  TUESDAY, 7 NOV 2017
A fintech business offering a commission-free flat-fee ASX brokerage service has opened its initial public offering, aiming to raise up to $7.5 million. SelfWealth (ASX:SWF) will issue 37.5 million shares at 20c per share and anticipates market capitalisation ...

Former Lehman Brothers chief unveils new asset manager

ALEX BURKE  |  TUESDAY, 7 NOV 2017
The creation of a new US asset manager represents former Lehman Brothers chief executive Dick Fuld's most public Wall Street comeback since Lehman's collapse in 2008. Targeting high net worth individuals, family offices and institutions, Matrix Private ...

CommInsure awards $300m risk premia mandate

ALEX BURKE  |  TUESDAY, 7 NOV 2017
CommInsure has awarded a $300 million mandate to a global asset manager. The funds were invested in GAM's Systematic Alternative Risk Premia product. GAM, headquartered in Zurich, operates in 13 countries and provides investment solutions for institutions ...

Boutique investment bank expands in Australia

ALEX BURKE  |  MONDAY, 6 NOV 2017
A specialist investment bank is boosting its Australian footprint with two senior appointments at its new offices in Sydney. Nelson Lam joins Berkshire Capital Australia as principal and executive director; at the same time, Glenn Dunn has joined as ...

Former NAB risk committee chair joins Wingate

ALEX BURKE  |  MONDAY, 6 NOV 2017
The chair who steered NAB's board risk committee through the GFC has taken on a new role at Wingate. Paul Rizzo joins Wingate as chair of the firm's Wingate Investment Partners Trust (WIP) investment committee. The WIP trusts co-invest with Wingate ...

Spaceship appoints new portfolio manager

ALEX BURKE  |  FRIDAY, 3 NOV 2017
Technology-focused super fund Spaceship has appointed a new portfolio manager. Jason Sedawie joins Spaceship from Decisive Asset Management, where he was also a portfolio manager. Prior to that, he was an equities analyst at Platypus Asset Management ...

Diversification trumping growth: Schroders

ALEX BURKE  |  FRIDAY, 3 NOV 2017
Latest Schroders broker research suggests diversification is overtaking growth as the primary driver of asset allocation strategy. About 50 brokers were surveyed and suggested that establishing a "well-diversified portfolio that will rise in most, but ...

Centrepoint names interim chief executive

ALEX BURKE  |  FRIDAY, 3 NOV 2017
In the midst of an executive search following John de Zwart's resignation, Centrepoint Alliance has appointed an interim chief executive. From November 24, Soula Cargakis will lead the financial advice network. She is currently Centrepoint's distribution ...