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Showing 681 - 690 of 3404 results for "Frank"

Suncorp hails diversity amid profit boost

ALEX BURKE  |  THURSDAY, 3 AUG 2017
Suncorp chair Ziggy Switkowski praised the group's 49% female leadership while announcing a 3% boost in net profit to $1.075 billion. The update on the banking and wealth management firm's diversity figures forms part of Suncorp's new corporate responsibility ...

Financial services ripe for mergers and acquisitions

JAMIE WILLIAMSON  |  TUESDAY, 1 AUG 2017
The financial services industry is predicted to prove a hotspot for M&A activity over the next 12 months, particularly around demergers. Commercial law firm Minter Ellison singled out the sector as one of five industries ripe for mergers and acquisitions ...

Warne flags executive reshuffle at Macquarie AGM

ALEX BURKE  |  THURSDAY, 27 JUL 2017
Macquarie chair Peter Warne highlighted several leadership changes, following on from the merger of two capital markets-facing businesses late last year, at the group's annual general meeting. The head of Macquarie's credit markets division, Michael ...

Industry funds sign off on $45 billion merger

EMMA RAPAPORT  |  TUESDAY, 25 JUL 2017
... approximately 1.3 million members. "We are thrilled to have decided to progress to a merger with Sunsuper,' Kinetic Super chairman Frank Gullone said. "The comprehensive due diligence process has clearly demonstrated that a merger between the funds will ...

Retirement income fund launches

JAMIE WILLIAMSON  |  MONDAY, 24 JUL 2017
A former Investors Mutual senior portfolio manager has re-entered the retirement income market through a multi-affiliate group, launching a fund which offers more choice in the competitive sector. Launching his own funds management firm in partnership ...

Equity Trustees appointed RE for boutique

DARREN SNYDER  |  MONDAY, 24 JUL 2017
A staff-owned Brisbane investment manager appointed Equity Trustees as the Responsible Entity for an Australian equities fund. Boutique manager Pentalpha selected Equity Trustees as the RE for its Income For Life Fund - a high-yield, low volatility ...

Milton to acquire $18m unlisted manager

ALEX BURKE  |  FRIDAY, 21 JUL 2017
... unlisted investment manager for $18 million. Consideration will be the issue of new Milton shares, and Milton managing director Frank Gooch said the terms of the acquisition were negotiated similarly to previous acquisitions, where the share issue was ...

MDA provider builds custom solution

JAMIE WILLIAMSON  |  WEDNESDAY, 19 JUL 2017
Another financial advice group is embracing managed accounts, partnering with provider managedaccounts.com.au to create a bespoke solution. The MDA provider has partnered with The Wealth Partnership in what managedaccounts.com.au head of distribution ...

Franklin Templeton searches for new Australia head

ALEX BURKE  |  TUESDAY, 18 JUL 2017
Franklin Templeton is searching for a new head of Australia after the incumbent stepped down from the role after 11 years. A spokesperson said that Maria Wilton, who has been country head since 2006, will remain with the firm. Her exact role has yet ...

Sunsuper acquires multi-million dollar shopping centre

EMMA RAPAPORT  |  SATURDAY, 8 JUL 2017
... continues to grow." As part of the acquisition, AMP Capital has taken over the management of the shopping centre from Knight Frank. AMP Capital chief economist Shane Oliver noted in his most recent market update that unlisted commercial property and ...