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Showing 551 - 560 of 879 results for "IOOF"

PwC to review IOOF advice research division

LAURA MILLAN  |  WEDNESDAY, 24 JUN 2015
IOOF has commissioned PwC to conduct a review of its advice research division following media reports of misconduct such as insider trading and front running. Group head of research and portfolio construction Matthew Drennan "is currently reviewing ...

Labor now opposes advice Royal Commission

LAURA MILLAN  |  WEDNESDAY, 24 JUN 2015
... financial planners at the Commonwealth Bank of Australia, National Australia Bank, ANZ Bank, Macquarie Bank and, most recently, IOOF had engaged in unethical and/or unlawful activity." However, shadow treasurer Chris Bowen said in a statement that "Labor ...

Is now the time to buy IOOF?

LAURA MILLAN  |  TUESDAY, 23 JUN 2015
Investors and advisers could benefit from the sharp drop in IOOF share price following information in the media about misconduct within its research and wealth management divisions. IOOF share price dropped as much as 21% on Monday as the market reacted ...

ASIC silent on IOOF investigation

LAURA MILLAN  |  MONDAY, 22 JUN 2015
... Securities and Investments Commission (ASIC) has refused to confirm if it will investigate allegations of misconduct within IOOF's research and wealth management divisions. ASIC refused to answer questions by Financial Standard regarding information ...

IOOF ripe for takeover, fund manager says

LAURA MILLAN  |  THURSDAY, 11 JUN 2015
IOOF's sale of Perennial Growth and Perennial Fixed Income to Henderson would make the business more attractive to potential buyers, Beulah Capital managing director Christian Ryan said. Ryan manages the Takeover Target Portfolio, a strategy that invests ...

Internalisation has gone the full circle say CIOs

DARREN SNYDER  |  FRIDAY, 5 JUN 2015
... discussion at the Financial Standard Marketing, Advertising & Sales Excellence (MAX) event in Sydney. Chief investment officer at IOOF, Stephen Merlicek, said there are roles for internalisation but it depended on individual organisations as to how they ...

Retirement incomes lead FUM growth

DARREN SNYDER  |  FRIDAY, 5 JUN 2015
... $1.14 trillion. AMP led FUMA growth in retirement incomes, recording a 23.4% increase to $32.1 billion. This was followed by IOOF, up 21.7% to $11.9 billion; and Commonwealth Bank (CBA), up 19.1% to $41.9 billion. In the retail (non-super) investment ...

Henderson scores $2.6bn in mandates from Perennial buyout

LAURA MILLAN  |  WEDNESDAY, 3 JUN 2015
... mandates of a combined value of at least $2.6 billion will fall under Henderson Group's umbrella, following the acquisition of IOOF's Perennial Fixed Interest Partners and Perennial Growth. Both companies have combined assets under management of $10.7 ...

PROFILE: IOOF managing director Chris Kelaher

LAURA MILLAN  |  WEDNESDAY, 3 JUN 2015
IOOF managing director Chris Kelaher's trajectory has awarded him the labels of serial acquirer and M&A veteran. He has been behind the takeover of 30 companies in the last decade alone. But Kelaher's career in financial services started far away from ...

Henderson acquires IOOF's Perennial

LAURA MILLAN  |  TUESDAY, 2 JUN 2015
Henderson Group has acquired fund manager Perennial Fixed interest Partners and Perennial Growth from IOOF and has increased its stake in a third investment firm. UK-based Henderson has bought all the shares of Perennial Fixed interest Partners and ...