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Showing 5471 - 5480 of 6681 results for "Sale"

Macq Prof Series appoints head of retail

Macquarie Professional Series (MPS) has appointed Adrian Stewart as its new head of retail distribution. Stewart was previously state manager for New South Wales with Challenger, with whom he worked for five years. He said the decision to join was easy ...

ABN Amro Asset Mgmt to join Fortis

MICHAEL HOBBS  |  TUESDAY, 27 MAY 2008
ABN AMRO Asset Management (Australia) has severed ties with ABN AMRO Group and will merge with global fund manager Fortis Investments. The new group will boast 40 investment centres, 600 investment professionals and 2,300 staff in more than 30 countries ...

Nicholas Applegate ramps up global strategies

RUTH LIEW  |  MONDAY, 26 MAY 2008
US-based investment firm Nicholas-Applegate is banking on its global select, global equity and emerging markets strategies to lure business from Australian clients. The diversified global investment company has confirmed that it is going to focus on ...

ING snaps up Zurich advisory group

RUTH LIEW  |  FRIDAY, 23 MAY 2008
... Millennium3 is one of Australia's largest financial services adviser groups and is wholly owned by ING Australia. As part of the sale agreement, Millennium3 has agreed to onsell FLS' general insurance business to Insurance Advisernet Australia (IAA) ...

Car sales put on the brakes

ALEX DUNNIN  |  THURSDAY, 22 MAY 2008
Car sales, a leading indicator for retail consumption, have finally begun to slow down. According to the ABS, the April 2008 trend estimate for new motor vehicle sales decreased 0.4 per cent to 89,775 compared with March. The fall continues a trend ...

Defence Housing open for instos

RUTH LIEW  |  THURSDAY, 22 MAY 2008
Defence Housing Australia (DHA) is reviewing its strategy and opening doors for institutional investors looking to invest in its $7 billion property portfolio. Conventional "mum and dad" retail investors have traditionally made up the majority of DHA ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 21 MAY 2008
The Australian share market is expected to open more than one per cent lower after rising consumer price data in the US hurt Wall Street and mixed commoditiy prices. On the Sydney Futures exchange at 0738 AEST, the June share price index was down 76 ...

Macquarie posts 23pct profit hike

MICHAEL HOBBS  |  TUESDAY, 20 MAY 2008
... rose 18 per cent to $232 billion over the period. The Funds Management Group (FMG) division saw profit up largely due to the sale of Macquarie-IMM Investment Management joint venture in Korea and solid performance fees in equities funds. "[Macquarie ...

ANZ Private Bank recruits Hamaris

MICHAEL HOBBS  |  TUESDAY, 20 MAY 2008
ANZ Private Bank has appointed George Hamaris to head of advisory and risk. Hamaris was previously appointed sales director at salary packaging firm, McMillan Shakespeare in August 2006. Prior to this position, Hamaris was general manager and then chief ...

Australians wary of advice commissions

RUTH LIEW  |  TUESDAY, 20 MAY 2008
Nearly two thirds of Australians believe the adviser sales commission system compromises financial advice, according to a Newspoll survey. The Industry Super Network (ISN) commissioned Newspoll survey on public confidence in the financial advice industry ...