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Showing 41 - 50 of 56 results for "BC Invest"

BetaShares names chief operating officer

MARK SMITH  |  THURSDAY, 15 JAN 2015
Exchange traded fund (ETF) provider BetaShares has appointed its chief operating officer from CitiCorp. Debbie Bennett has extensive experience in financial services, most recently as technical sales manager at CitiCorp. She has also held senior management ...

Financial Wisdom to face class action for poor advice

LAURA MILLAN  |  MONDAY, 16 JUN 2014
Commonwealth Bank-owned Financial Wisdom will face a class action started by Shine Lawyers for inappropriate investment advice to more than 3,000 clients. Shine Lawyers confirmed to Financial Standard that the law firm is now collecting evidence to ...

CBA forced to review poor compensation methods

LAURA MILLAN  |  MONDAY, 19 MAY 2014
Commonwealth Financial Planning and Financial Wisdom will have to reopen compensation processes for more than 4,000 clients after its methods were found to be inconsistent and disadvantaged customers. The Australian Securities and Investments Commission ...

EQT outsources custody business to State Street

LAURA MILLAN  |  MONDAY, 23 SEP 2013
Equity Trustees (EQT) has outsourced its custody and administration to State Street a week after The Trust Company refused its buyout offer. EQT's bid to acquire The Trust Company has severely affected its full year results and the company reported ...

RBC to close Melbourne custody office

JAMES FERNYHOUGH  |  THURSDAY, 5 SEP 2013
Redundancies are on the cards at Royal Bank of Canada's custody arm, RBC Investor and Treasury Services, after it confirmed it will be closing its Melbourne operations and moving the entire Australian business to its Sydney headquarters. The move is ...

Market Wrap PM

AAP  |  FRIDAY, 18 JAN 2013
The Australian market is higher as news of Rio Tinto chief Tom Albanese's resignation drives up mining stocks. At 1028 AEDT on Tuesday, the benchmark S&P/ASX200 index was up 16.1 points, or 0.34 per cent, at 4,722.1 and the broader All Ordinaries index ...

Market Wrap AM

AAP  |  FRIDAY, 18 JAN 2013
The Australian market looks set to open higher following strong performances on Wall Street and European markets overnight following positive US economic data. At 0624 AEDT on Friday, the March share price index futures contract was up 39 points at ...

Government should act fast on Johnson Report: FSC

BEN COLLINS  |  MONDAY, 29 OCT 2012
If the Federal Government is serious about exporting financial services to Asia, it must implement all the recommendations in the Johnson Report by 2013, said the Financial Services Council. "The Johnson Report is a practical plan that will open up ...

Airlie selects RBC as custodian

MARK SMITH  |  MONDAY, 15 OCT 2012
Airlie Funds Management has appointed RBC Investor Services as a global custodian, it was announced today. The boutique investment house is headed by John Sevior, former head of equities at Perpetual, and former Treasury Group managing director David ...

EM debt not to be overlooked: HSBC

BEN COLLINS  |  THURSDAY, 4 OCT 2012
Emerging market debt and its benefits should not be overlooked by Australian institutional investors, said senior HSBC investment heads. While most are well versed in emerging market equities, many have questioned whether the returns outweigh the risks ...