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Showing 561 - 570 of 1700 results for Michael Hobbs

RaboPlus cuts fee on BT fund

MICHAEL HOBBS  |  TUESDAY, 21 APR 2009
RaboPlus has cut the brokerage fee on the BT Wholesale-Imputation fund by 50 basis points to 0.25 per cent during this month. The news follows RaboPlus adding nine BT Investment Management wholesale funds to the firm's platform in November last year. ...

Financial Synergy to upgrade admin

MICHAEL HOBBS  |  MONDAY, 20 APR 2009
Financial Synergy is upgrading the firm's superannuation administration tool, Acurity, to make it more user-friendly and efficient for accountants and financial planning dealergroups. According to Robert McKinlay, Financial Synergy general manager administration ...

Russell slashes Aust jobs

MICHAEL HOBBS  |  FRIDAY, 17 APR 2009
Russell Investment Group has cut around 20 per cent of the firm's Melbourne and Sydney staff, but leaves local investment teams mostly intact. According to industry sources, the firm's Melbourne office, where the majority of staff cuts were made, suffered ...

HSBC appoints Davis as Indian CEO

MICHAEL HOBBS  |  FRIDAY, 17 APR 2009
HSBC has appointed HSBC Bank Australia chief executive, Stuart Davis, as chief executive of the group's operations in India but leaves the Australian role empty. Davis' replacement will be announced "shortly" a statement from the firm said. Meanwhile ...

ATO relays transitional rules concerns

MICHAEL HOBBS  |  FRIDAY, 17 APR 2009
... not be continuously maintained to provide retirement benefits to members before and after the sale of the pre-1999 SMSF. Michael D'Ascenzo, ATO commissioner, said the transitional provisions only apply in specific circumstances. "We are aware these arrangements ...

Morningstar keeps PM Capital rating

MICHAEL HOBBS  |  FRIDAY, 17 APR 2009
Ratings firm Morningstar has kept its 'recommended' rating on PM Capital's Absolute Performance strategy. According to the firm's latest report, PM Capital was one of the worst performing global equities strategies in the Morningstar coverage list during ...

S&P raises GSJBW equities rating

MICHAEL HOBBS  |  THURSDAY, 16 APR 2009
Standard & Poor's has upgraded the Goldman Sachs JBWere Australian Equities funds to a 'three stars' rating after a review found the investment team is more stable. The funds were previously rated 'two stars' by the ratings firm. The upgrade means the ...

BT alters intl fixed interest mandates

MICHAEL HOBBS  |  THURSDAY, 16 APR 2009
BT Financial Group has broadened the international fixed interest mandates with two investment managers to take advantage of opportunities in global credit and mortgage backed assets. Patrick Farrell, BT Financial Group head of investments, said instead ...

AXA recruits 13 overseas planners

MICHAEL HOBBS  |  WEDNESDAY, 15 APR 2009
AXA Australia is taking its financial planning recruitment drive overseas, adding 13 planners from South Africa and the UK to the dealer group. Paul Williams, national manager for AXA Financial Planning and Charter Financial Planning, said the firm ...

HFA regains Lonsec rating

MICHAEL HOBBS  |  WEDNESDAY, 15 APR 2009
Lonsec has reinstated HFA Asset Management's International Shares fund 'recommended' rating. The fund had been on 'fund watch' since January 20 because of "uncertainty surrounding the parent company, HFA Holdings". Those concerns have since been allayed ...