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Wingate appoints new executive director

MARK SMITH  |  TUESDAY, 26 FEB 2013
Boutique international equities manager Wingate Asset Management has appointed Louise McIlwraith as executive director. In the newly created position, McIlwraith will have overall responsibility for business development, client and investor relations ...

Market Wrap

AAP  |  TUESDAY, 26 FEB 2013
... Insurance Group and Oil Search are due to announce full year earnings. Meanwhile, Macmahon shareholders are due to vote on the sale of its construction arm to Leighton. In Australia, the market on Monday closed higher as investors continued to feel optimistic ...

Accountants in demand

BEN COLLINS  |  MONDAY, 25 FEB 2013
Accountants are one of several professions that are in short supply in Australia, new research has revealed. The Clarius Skills Index for December shows that accountants, along with engineers, IT professionals, corporate services managers are in high ...

Peer-to-peer portfolio benchmarking gains appeal

LAURA MILLAN  |  FRIDAY, 22 FEB 2013
A start-up online investment community designed initially for Baby Boomers has won a surprising number of GenX and GenY clients, suggesting a broader market of investors keen to swap their investment know-how online. Melbourne-based SelfWealth is an ...

Former FTSE director moves to Vanguard

MARK SMITH  |  WEDNESDAY, 20 FEB 2013
Vanguard has appointed Julie Andrews as its new head of institutional in Australia. Previously Andrews was a director for the Australian operation of FTSE, the global index provider. She will be responsible for Vanguard's institutional business and ...

MFS appoints head of platforms

MARK SMITH  |  TUESDAY, 19 FEB 2013
MFS has appointed Ross Cartwright head of platforms it was announced today. Based in Sydney, Cartwright will focus on platform development and sales in Australia and N8ew Zealand in addition to liaising with research houses. His appointment follows ...

QSuper launches new Challenger annuity

BEN COLLINS  |  MONDAY, 18 FEB 2013
QSuper has launched a new guaranteed-term annuity product through Challenger that will be available to members next month. They will be able to buy the product, which gives them competitive earnings rates on Challenger's term annuity with their own ...

Market Wrap

AAP  |  MONDAY, 18 FEB 2013
The Australian market looks set to open higher after Wall Street closed mixed and Europe's main stock markets retreated as the Group of 20 finance ministers met amid growing talk of "currency wars". At 0631 AEDT on Monday, the March share price index ...

MLC appoints head of Platform Sales

LAURA MILLAN  |  FRIDAY, 15 FEB 2013
MLC has appointed Damian Holland as head of Platform Sales to drive strategy and alignment with the platform product team through to sales support. Holland's announcement follows a new account manager strategy that MLC introduced in 2012. The new strategy ...

ANZ reports 6.2% cash profit rise

MARK SMITH  |  FRIDAY, 15 FEB 2013
ANZ has reported a first quarter cash profit of $1.53 billion, up 6.2% on the same period last year. Net profit meanwhile, which includes one-off expenses, was down 20% on last year to $1.36 billion. The cash profit rise was attributed to volume growth ...