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Showing 531 - 540 of 783 results for "Collins"

TO Panel rejects HDF complaint

BEN COLLINS  |  TUESDAY, 31 JUL 2012
The Takeovers Panel has said it won't investigate a complaint over the sale of the Hastings Diversified Utilities Fund made by Australian Foundation Investment Company Limited - a unit holder in the infrastructure fund. The Hastings Diversified Utilities ...

Lloyds Bank CM snaps up two former UBS FX heads

BEN COLLINS  |  MONDAY, 30 JUL 2012
Lloyds Bank Corporate Markets has expanded its global foreign exchange business, hiring two former UBS investment bank foreign exchange specialists. Paul Bernasconi and Nathan Pederson have joined, respectively, in the newly created roles of director ...

Asian trustee services in demand

BEN COLLINS  |  MONDAY, 30 JUL 2012
Stagnation in parts of the eurozone causing capital to take flight to Asia is creating opportunities for trustee services firms across the Asia-Pacific region particularly regarding overseeing Initial Public Offerings. The Trust Company, Australia's ...

Structured products right for the risk-aware

BEN COLLINS  |  MONDAY, 30 JUL 2012
For risk- savvy investors structured products can take advantage of market upturns, while protecting the portfolio as a whole. This is despite the declining appetite for structured products, said George Lucas, managing director, Instreet. "It's not ...

Heads roll at Nomura

BEN COLLINS  |  FRIDAY, 27 JUL 2012
The chief executive officer and chief operating officer of ailing Japanese investment bank Nomura will step down to take responsibility for an insider trading scandal. Kenichi Watanabe, Nomura's chief executive, and Takumi Shibata, its chief operating ...

Redundancies tipped at Plan B

BEN COLLINS  |  FRIDAY, 27 JUL 2012
Job cuts are predicted at Perth-based boutique wealth manager Plan B, if IOOF's proposed bid is successful. The Plan B board has unanimously recommended that shareholders accept the IOOF offer for 60 cents per ordinary share, in an off-market takeover ...

Provisio SOA tool can test 'reasonable basis'

BEN COLLINS  |  FRIDAY, 27 JUL 2012
Provisio Technologies has released a comparison tool that it said can compare super funds and prepare statements of advice which are compliant with the 'reasonable basis' clause. The comparison tool lets advisors evaluate super switching options for ...

"Bad apples" slipping through the cracks: ASIC

BEN COLLINS  |  THURSDAY, 26 JUL 2012
The corporate regulator has put licensees on notice, saying there is growing concern that "bad apples" in the industry are slipping through the cracks because of poor reference checking when advisers swap between groups. At the Association of Financial ...

AMP Capital, Macquarie sells infra to Asia's richest man

BEN COLLINS  |  THURSDAY, 26 JUL 2012
A consortium lead by Asia's richest man has purchased a British gas distribution company from investors including Macquarie Global Infrastructure Funds 2 SARL and AMP Capital. The deal to purchase Wales & West Utilities Limited - subject to European ...

TO Panel silences Mariner

BEN COLLINS  |  THURSDAY, 26 JUL 2012
The Takeovers Panel has slapped an interim order on Mariner Corporation after comments made by its chief executive officer to the media. Mariner Corporation had applied to the takeovers panel to stop the sale of Austock's property business, which it ...