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Showing 491 - 500 of 688 results for "AL Capital"

MyState sees small growth in profits

MARK SMITH  |  FRIDAY, 22 AUG 2014
Banking and wealth management company MyState has reported a small rise in profit for the full year to 30 June. Statutory after-tax profit stood at $29.6 million for the year to the end of June. This result is a 3.9% improvement on last year's $28.5 ...

Market Wrap AM

AAP  |  WEDNESDAY, 20 AUG 2014
The Australian market looks set to open lower, after there were falls in commodity prices overnight. At 0655 AEST on Wednesday, the September share price index futures contract was down seven points at 5,576. Benchmark crude oil on Tuesday night fell ...

Are super funds the new shadow banks?

JAMES FERNYHOUGH  |  FRIDAY, 18 JUL 2014
Superannuation funds are increasingly behaving like shadow banks and should be regulated as such, an economist and pension expert from the UK has warned. Dr Bernard Casey of Warwick University said stricter global capital requirements are seeing new ...

MDA provider makes debut on ASX

LAURA MILLAN  |  WEDNESDAY, 25 JUN 2014
Managed Accounts Holdings Limited has started trading on the Australian Securities Exchange (ASX) today after raising about $3 million in its Initial Public Offering. The owner of managed discretionary account specialist managedaccounts.com.au will ...

Noble departs ASFA, joins Inflection Point Capital

JAMES FERNYHOUGH  |  TUESDAY, 3 JUN 2014
Gordon Noble has left his position as director of investments and economy at the Association of Superannuation Funds of Australia (ASFA) to join Inflection Point Capital Management (IPCM). Noble said he was leaving ASFA after three years "to pursue ...

Challenger makes senior Fidante Partners appointment

MARK SMITH  |  MONDAY, 26 MAY 2014
Challenger's multi-boutique funds management business, Fidante Partners, has appointed a senior business development manager from Morgan Stanley. Investment banker Gabrielle Munzer was most recently an executive director, global capital markets at Morgan ...

BNP Paribas wins $1bn Certitude contract off NAB

JAMES FERNYHOUGH  |  MONDAY, 28 APR 2014
BNP Paribas has won a bid to provide custody and administration to Certitude Global Investment, replacing previous custodian NAB. The deal involves 14 international unit trusts, including Threadneedle Investments (UK), Lighthouse Investment Partners ...

Treasury Group buys ex-Macquarie boutique

ALICE URIBE  |  WEDNESDAY, 16 APR 2014
Treasury Group is set to invest in Australian and Asian private equity investment and advice firm ROC Partners, which was formed after a management buyout of the business from Macquarie group. ROC is majority owned by its management team and specialises ...

SMSFs still under-invested in global shares

MARK SMITH  |  MONDAY, 24 MAR 2014
Self-managed super fund (SMSF) investors continue to overlook the diversification and growth benefits of investing in overseas shares, according to Insync head of research Marcus Tuck. While allocations have increased slightly, the latest figures for ...

International capital requirements could cripple insurers

LAURA MILLAN  |  FRIDAY, 21 MAR 2014
The Global Federation of Insurance Associations (GFIA) has rejected the G20 proposal that top insurers hold more capital from 2019 to cover potential to the financial system. The GFIA held meetings this week with Australian officials in Canberra, ahead ...