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Showing 21 - 30 of 1700 results for Michael Hobbs

BTIM to expand income boutique

MICHAEL HOBBS  |  MONDAY, 26 JUL 2010
Just under two months after being promoted to BT Investment Management's (BTIM) head of income and fixed interest, Vimal Gor, said the firm plans to hire more investment managers and launch a new range of income funds. "We're hiring a few new people ...

Custom Solutions flows double in June qtr

MICHAEL HOBBS  |  FRIDAY, 23 JUL 2010
Flows to Commonwealth Bank's Custom Solutions platforms, which includes FirstWrap, more than doubled to $114 million during the June quarter. The bank's June quarter report found its Custom Solutions platforms attracted an extra $64 million during the ...

Structured prod issuers must disclose risks: ASIC

MICHAEL HOBBS  |  FRIDAY, 23 JUL 2010
The regulator is recommending issuers of capital protected and other structured or derivative products to clearly explain any counterparty risk and the limitations of the strategies to retail investors. The Australian Securities & Investments Commission's ...

FPA maintains stance on commission ban

MICHAEL HOBBS  |  THURSDAY, 22 JUL 2010
Financial Planning Association (FPA) chief executive, Mark Rantall, said the industry body would pursue its strategy to move away from commission-based remuneration irrespective of the election result. Rantall said their members, which include the biggest ...

Morgan Stanley Smith Barney names new chief

MICHAEL HOBBS  |  THURSDAY, 22 JUL 2010
Morgan Stanley Smith Barney has appointed Harry Parkinson as chief executive, replacing Matthew Comyn who leaves the role after just six months with the firm. Comyn was appointed chief executive of the firm's Australian wealth management business in ...

INGIM global emerging markets fund under new team

MICHAEL HOBBS  |  WEDNESDAY, 21 JUL 2010
Standard & Poor's Fund Services has placed the ING Global Emerging Markets fund 'on hold' after the fund manager created an internal boutique to manage the funds. Previously a small investment team managed ING Investment Management's (INGIM) global ...

ASX appoints chief risk officer

MICHAEL HOBBS  |  WEDNESDAY, 21 JUL 2010
The Australian Securities Exchange (ASX) has appointed Alan Bardwell as chief risk officer to enhance the firm's oversight over its clearinghouse and settlements business. Bardwell has worked at the ASX since December 2006 as chief financial officer ...

NAB to deepen custody partnership with BNY Mellon

MICHAEL HOBBS  |  WEDNESDAY, 21 JUL 2010
National Australia Bank (NAB) Asset Servicing is negotiating with BNY Mellon Asset Servicing to extend its existing relationship and provide more global custody services to clients. The partnership being discussed could take the form of a joint venture ...

IFSA members approve name change, new focus

MICHAEL HOBBS  |  TUESDAY, 20 JUL 2010
Colonial First State Investments, AMP, ING Australia were among the big finance firms that backed the Investment & Financial Service Association's new strategy. IFSA members held an extraordinary general meeting in Sydney yesterday to change the association's ...

Canadian pension fund bids for Intoll

MICHAEL HOBBS  |  MONDAY, 19 JUL 2010
The Canada Pension Plan Investment Board (CPPIB) moves to buy Sydney-based infrastructure group Intoll. CPPIB bid provides three options for Intoll shareholders including a cash offer equivalent of $1.53 per Intoll stapled security. The offer represents ...