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Showing 6951 - 6960 of 17960 results for "Bank"

Managed fund allocations jump

MARK SMITH  |  MONDAY, 7 MAR 2016
... that has come in developing portfolios," continued Marsh. "There's a world of difference between holding a small number of bank/mining stocks and utilising a professionally managed share portfolio via a managed fund or SMA. This level of professionalism ...

ANZ ready to fight ASIC over BBSW

MARK SMITH  |  MONDAY, 7 MAR 2016
... the Australian Securities and Investments Commission (ASIC). The regulator last week launched its legal case against the bank in the Federal Court in Melbourne for market manipulation of the bank bill swap rate, a key interest rate used to determine ...

Market confidence marches in March

BENJAMIN ONG  |  MONDAY, 7 MAR 2016
"Do you know where you're going to... Where are you going to Do you know?" - Diana Ross, 'Theme from Mahogany" Last week was another good week for equity markets with most major benchmark indices finishing with green lights blinking brightly. Has the ...

Zurich buys Macquarie Life

MARK SMITH  |  FRIDAY, 4 MAR 2016
Macquarie Group has entered into an agreement to sell its Macquarie Life insurance business to Zurich Australia. The deal will see Zurich's in force premiums go from $370 million to roughly $610 million, effectively increasing the size of the life business ...

FIIG appoints new WA director

DARREN SNYDER  |  THURSDAY, 3 MAR 2016
... international bond markets, including 11 years in the UK where he spent eight years as a fund manager with Brown Shipley Private Bank. During this time he was responsible for the day-to-day management of the $250 million Brown Shipley Sterling Bond Fund. ...

ANZ Wealth alternatives head departs

ALEX BURKE  |  THURSDAY, 3 MAR 2016
... departure occurs alongside ANZ's announcement that it is simplifying its Global Wealth business, which will see ANZ Private Bank reporting to ANZ group executive Australia Fred Ohlsson and distribution (including ANZ Financial Planning) moving under ...

Another standout economic performance

BENJAMIN ONG  |  THURSDAY, 3 MAR 2016
This was totally uncalled for particularly for those "experts" still calling for the Australian Reserve Bank (RBA) to cut interest rates again - with some expecting another 25bps shaved off the official cash rate (currently at 2.0%) as early as May. ...

H2 Ventures scores Investec funding

DARREN SNYDER  |  WEDNESDAY, 2 MAR 2016
International banking group Investec Australia has further endorsed the growing fintech industry by committing sizable funding to venture capital firm, H2 Ventures. The investment is expected to assist H2 Ventures roll out its next round of funds as ...

Joyce Phillips leaves in ANZ restructure

ALEX BURKE  |  WEDNESDAY, 2 MAR 2016
... and investments product business in Australia on improving returns and capital efficiency." More specifically, ANZ Private Bank will report to ANZ group executive Australia Fred Ohlsson; distribution (including ANZ Financial Planning) will move under ...

Nikko AM hires chief risk management officer

MARK SMITH  |  WEDNESDAY, 2 MAR 2016
... Junichi Sayato. De Vries has more than 20 years of professional experience worldwide with organisations such as ABN AMRO Bank, Shinsei Bank, and Nomura International. He was most recently managing director, head of quantitative analytics and risk at ...