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Showing 4031 - 4040 of 17956 results for "Bank"

Dealer group shuts after advisers depart

KANIKA SOOD  |  FRIDAY, 18 OCT 2019
... additional stress". "Being part of the industry myself, I've seen the advisers leaving due to stress and it's not just bank-aligned dealer group advisers who are leaving, but across the whole industry," he said. "With new advisers joining the ...

IFM pushes into large scale private equity

ELIZA BAVIN  |  FRIDAY, 18 OCT 2019
... investments with the appointment of Jeremy Larkin to head the initiative. Larkin spent 25 years in corporate finance at Deutsche Bank and J.P. Morgan, also working as an adviser to a number of ASX 200 companies including the likes of BlueScope, CIMIC ...

Fixed income investors spooked by global politics: Fitch

ELIZA BAVIN  |  THURSDAY, 17 OCT 2019
... found that Australian investors believe macroeconomic disruptions, most likely due to trade wars, pose more of a threat to bank credit quality over the next 12 months than property-market exposure. "Our 4Q19 survey showed that 23% of investors view the ...

Challenger director jumps to global manager

KANIKA SOOD  |  THURSDAY, 17 OCT 2019
... services in Sydney, AMP Capital's head of investment specialists for unlisted assets and associate director at Macquarie Bank. HarbourVest is headquartered in Boston and in the past, has in the past won a USD $50 million private equity mandate from ...

CountPlus firm acquires advice boutique

HARRISON WORLEY  |  THURSDAY, 17 OCT 2019
... people and businesses, and this acquisition by Kidmans reflects that model," Rowe said. In 2015, CountPlus - then Commonwealth Bank-owned - sold its 30% stake in Kidmans to partners, employees and principals, having first purchased 25% of the firm in ...

RBA blames lack of demand in property downturn

ELIZA BAVIN  |  THURSDAY, 17 OCT 2019
Reserve Bank deputy governor Guy Debelle said despite historically low interest rates and a rise in loan approvals, turnover in the housing market remains low. Speaking at the CFA Societies Australia Investment Conference event in Sydney the deputy ...

IOOF acquires OnePath at a discount

ELIZA BAVIN  |  THURSDAY, 17 OCT 2019
IOOF has secured the sale of ANZ's OnePath pensions and investments business for $850 million, down from the original sales price of $975 million announced in October 2017. ANZ said the new price includes around $25 million that it has already received ...

Count Financial bolsters team as part of transition

ELIZABETH MCARTHUR  |  THURSDAY, 17 OCT 2019
Count Financial has bolstered its leadership team as part of its acquisition by CountPlus. The Commonwealth Bank sold Count Financial to CountPlus for $2.5 million, finalizing the sale at the end of August. John Corcoran has now stepped into the position ...

Netwealth welcomes new distribution head

JAMIE WILLIAMSON  |  WEDNESDAY, 16 OCT 2019
... by Macquarie (18.1%) and BT (14.4%). Much more modest growth in masterfunds was reported at AMP (2.4%), National Australia Bank/ MLC (1.6%) and Commonwealth/Colonial First State (5.3%).

KPMG foretells open super era

HARRISON WORLEY  |  WEDNESDAY, 16 OCT 2019
The global consulting giant believes developments in open banking could be the boon to solve superannuation's member engagement challenges. In a new report released today, KPMG revealed the future of member engagement in super will closely follow the ...