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Showing 6461 - 6470 of 17960 results for "Bank"

AMP Capital acquires stake in desalination plant

KERRIE SYDEE  |  MONDAY, 17 OCT 2016
... Water and AquaTower. "CommIF has experienced significant growth since AMP Capital acquired the fund in 2010 from the Royal Bank of Scotland, with the net asset value growing from approximately $55 million in September 2010 to more than $500 million in ...

NAB private wealth vet takes on key China relationship role

ALEX BURKE  |  MONDAY, 17 OCT 2016
A NAB Private manager specialising in high-net worth Asian clients has joined a wholesale private and institutional financial services provider. Helen Huang, previously a NAB branch manager and NAB Private client manager, has joined the SILC Group as ...

Fidelity names Australian MD

DARREN SNYDER  |  MONDAY, 17 OCT 2016
Fidelity International has appointed a new managing director for its Australian operations. In addition to her role as investment director, Alva DeVoy has been promoted as managing director, Australia. DeVoy will be based in Sydney and assume responsibility ...

Oil's rally could slip

BENJAMIN ONG  |  MONDAY, 17 OCT 2016
They were priced at US$26.01 and US$26.91 with Standard Chartered Bank even going on record predicting that prices could drop to US$10 before "money managers in the market conceded that matters had gone too far". These were the price of a barrel of ...

Professional standards legislation reaches parliament

KERRIE SYDEE  |  MONDAY, 17 OCT 2016
The federal government confirmed it will introduce legislation this year to mandate professional standards for financial advisers. As previously revealed, the reforms will include compulsory education requirements for existing and new financial advisers ...

Poll provides fresh defence against Royal Commission

MARK SMITH  |  FRIDAY, 14 OCT 2016
The Australian Bankers Association (ABA) has launched its latest defence against Labor's proposed Royal Commission, releasing new poll data that shows a fall in support for an inquiry. The poll, conducted by Galaxy between October 6-9, shows two thirds ...

Perpetual appoints distribution GM

ALEX BURKE  |  FRIDAY, 14 OCT 2016
... consulting position at Count Financial. He has also held senior roles at Colonial First State, including head of SMSFs and private bank sales and national account manager. Perpetual chief executive Geoff Lloyd welcomed Thompson and bid farewell to incumbent ...

VicSuper appoints product manager

ALEX BURKE  |  FRIDAY, 14 OCT 2016
... executive manager, distribution. Parisotto joined the $16 billion fund from the financial services arm of Bendigo and Adelaide Bank; before that, he was head of adviser sales at IOOF. At the time, VicSuper chief executive Michael Dundon said: "This new ...

Asia-Pacific leads global HNW population and wealth

KERRIE SYDEE  |  FRIDAY, 14 OCT 2016
... Despite the increase in trust, Asia-Pacific (excl. Japan) HNWIs are still more likely to keep their wealth in cash or retail bank accounts (32.6%) rather than hold it with a wealth manager (30.6%). The trend continues in Japan, with 23.7% of HNWIs holding ...

Kina wins $1.6bn super mandate

ALEX BURKE  |  THURSDAY, 13 OCT 2016
ASX-listed Papa New Guinean bank and wealth management firm Kina Securities has won a $1.66 billion superannuation fund administration mandate. Kina will now provide fund administration services to PNG's National Superannuation Fund (NASFUND), which ...