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Market wrap

AAP  |  THURSDAY, 4 DEC 2014
... assessing the further impact of its settlement with the Victorian Department of Education and Early Childhood Development, the company expected its Statutory EBITDA for the year to June 30, 2015, would be between $25 million and $30 million. That's down ...

Altius launches ethical bond fund

MARK SMITH  |  THURSDAY, 4 DEC 2014
... the portfolio construction process," Bovingdon explained. "This ranking process is intended to assess the impact of the company's operation on the well-being and sustainability of the community and environment in which it operates." The management also ...

ATO exec leaves to join consulting firm

LAURA MILLAN  |  WEDNESDAY, 3 DEC 2014
... extensively in litigation. Forsyth commenced with McPherson Super Consulting on 28 November 2014 and has been appointed a company director and shareholder.

High-calibre superannuation: 2014 CIO and COO Award recipients announced

MICHELLE BALTAZAR  |  WEDNESDAY, 3 DEC 2014
... Rantanen thanked her team and colleagues at Statewide Super. "As some of you may be aware, we operate our own administration company. As you can imagine, this significantly increases the size and challenges of our activities," she said. Joining her on ...

'Twilight pool' block trading venue to launch in 2015

JAMES FERNYHOUGH  |  WEDNESDAY, 3 DEC 2014
... in-house investment capacity, and that they responded well to the idea. He said if the Australian launch goes well, the company hopes to roll it out in parts of Asia.

Legg Mason appoints sales director from Challenger

MARK SMITH  |  WEDNESDAY, 3 DEC 2014
Legg Mason has appointment a new director of sales to be based in the company's Melbourne office. Tony Pattison will report to head of sales Beau Titchkosky and will promote the company's products and affiliate fund managers nationally. Pattison joins ...

IFS Insurance Solutions MD appointed at CommInsure

LAURA MILLAN  |  TUESDAY, 2 DEC 2014
... broking and consulting sectors. He is currently Managing Director of IFS Insurance Solutions, where he responsible for the company's strategic direction and management of the insurance broking and consulting activities. "Robert will be responsible for ...

AllianceBernstein hires Australia retail sales manager

STAFF WRITER  |  TUESDAY, 2 DEC 2014
... growth of its retail channel. Ben Moore will be responsible to drive AllianceBernstein's retail sales strategy as the company continues to expand its offering in the Australian retail market. Moore was previously head of wholesale distribution and Russell ...

Contango set to launch small cap LIC

MARK SMITH  |  TUESDAY, 2 DEC 2014
Contango Asset Management is set to launch a new listed investment company designed to generate income from a portfolio of stocks outside of the markets 30 biggest companies. Contango Income Generator Limited uses the same investment strategy that it ...

Centuria launches tax efficient investment bond

MARK SMITH  |  TUESDAY, 2 DEC 2014
... to invest outside of superannuation. Neil Rogan, general manager of Centuria's investment bond division, said that the company has spent the better part of a year working alongside boutique investment manager Implemented Portfolios to enhance the traditional ...