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| | | BlackRock, MLC and Tricom are among the top separately managed account (SMA) players according to a new Investment Trends report. BlackRock has surged ahead of the separately managed account (SMA) pack to be crowned the provider with best overall functionality ... |
| | | | Smarter planning software programs have triggered a fundamental change in how financial advisers provide life insurance to clients, according to an Investment Trends report. The report surveyed 1,600 advisers in November last year and found that of ... |
| | | | Margin lending is still the most popular form of gearing used by brokers for their clients and while the numbers are down, loan sizes are up. The findings came from the latest Colonial Geared Investments/Investment Trends Margin Lending: Broker Report ... |
| | | | ING Group has acquired admin services giant Citistreet, owned by Citi and State Street, for a whopping $960 million in cash. Established in 2000, Citistreet was previously half owned each by Citigroup and State Street Corporation. The business provides ... |
| | | | Insurance group IAG is to merge its CGU and Business Partnerships businesses, revamp its direct insurance arm and will soon launch a separate online outfit. IAG is merging its commercial underwriting unit CGU and Business Partnerships division to create ... |
| | | | The Australian share market is expected to open higher this morning, despite overnight falls on Wall Street and amongst base metals in London. On the Sydney Futures exchange, the June share price index at 0705 AEST was up 45 points at 5673. In the news ... |
| | | | IRESS' planning software, XPLAN, has recorded the highest level of satisfaction amongst planners for fully featured planning software, a new report shows. According to the latest Investment Trends Planner Technology report, XPLAN - a web-deployed platform ... |
| | | | NYSE-listed global asset manager Franklin Templeton Investments has acquired a 49 per cent stake in Vietcombank Fund Management (VCBF), an investment management firm focused on private equity in Vietnam. The remaining 51 per cent of VCBF will continue ... |
| | | | Macquarie Private Wealth has appointed five private wealth specialists to its Perth office. Ian Walters, Wilfred Ong, Graydon Hanly and Jon Matsen were appointed private client advisers in the stockbroking team. These appointees have more than 20 years ... |
| | | | High oil prices and a shrinking US dollar signal an economic perfect storm looming on the horizon, warns the International Monetary Fund (IMF). Simon Johnson, IMF chief economist told ABC TV's Business Lateline program last night that the credit crisis ... |
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