Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 5051 - 5060 of 6251 results for "December 29"

NZ Super ends Fisher Funds ties

RUTH LIEW  |  FRIDAY, 28 MAR 2008
The Guardians of New Zealand Superannuation has officially ended their investment relationship with Fisher Funds Management Limited opting to take this aspect of the portfolio direct. NZ Super appointed Fisher Funds back in December 2003 to manage an ...

Clare joins Westpac

MICHAEL HOBBS  |  THURSDAY, 27 MAR 2008
Westpac has appointed former St George Bank executive, Peter Clare to group executive of consumer financial services. Clare's appointment follows the resignation of Mike Pratt in December last year. Clare previously worked at St George for six years ...

ADPIA lobbies against relic property laws

The peak body for direct property investors has called for each State Revenue Office in Australia to standardise stamp duty and get rid of archaic property trust regulations. Linden Toll, the president of the Australian Direct Property Investment Association ...

Schroders buys Swiss Re

RUTH LIEW  |  TUESDAY, 25 MAR 2008
Global asset management firm Schroders has confirmed it is acquiring Swiss third party fund manager Swiss Re Asset Management Funds (Switzerland) AG. The sale will see Schroders scoop up Swiss Re's nearly $1.97 billion of asset under management as at ...

MFS breaches $184m loan

RUTH LIEW  |  TUESDAY, 25 MAR 2008
MFS Premium Income Fund is engaging the Bank of Scotland in talks following a multi-million dollar loan facility breach. The fund's auditor, PricewaterhouseCoopers notes the fund has breached a loan facility of $184 million with third party bank, the ...

Rev mortgages new sales down 10pc

MICHAEL HOBBS  |  WEDNESDAY, 19 MAR 2008
The SEQUAL Trowbridge Deloitte Reverse Mortgage Study has revealed $466 billion worth of reverse mortgage loans were sold in Australia last year, a 10 per cent fall compared to 2006. While new sales were down, the study found that overall, the sector ...

Douglas to head van Eyk investment research

MICHAEL HOBBS  |  TUESDAY, 18 MAR 2008
Investment research firm, van Eyk, has promoted eight-year veteran of the firm, Nigel Douglas, to head of investment research. In this position, Douglas will direct van Eyk's fund manager research team and provide asset allocation advice to Blueprint ...

ING Aus appoints new chief

A new chief executive, a new $50 million program and a new profit record are all in a day's work for ING Australia. Next month, ING Australia's chief executive officer Paul Bedbrook moves to an overseas posting and will be replaced by US-based ING executive ...

Sentiment sinks on floats

MARK STORY  |  MONDAY, 17 MAR 2008
Failing business confidence, courtesy of the US-led sub-prime credit crisis has diminished corporate appetite for listing on the main board of the ASX. According to Pricewaterhousecoopers (PwC) latest survey of sharemarket floats, the number of business ...

Consumer confidence plummets

ALEX DUNNIN  |  THURSDAY, 13 MAR 2008
Consumer confidence has plunged 17 percentage points, signaling the economy may be about to slow just enough to allow the Reserve Bank to start dropping interest rates. The news is contained in the latest Sensis consumer report which measures confidence ...