Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 7941 - 7950 of 9290 results for "wealth"

Macquarie launches lifetime income product

COMPANY RELEASE  |  MONDAY, 29 MAR 2010
... investors to retain access to and control over their investment," he said. "Our plans include working with industry funds and wealth managers to make this product available within their existing superannuation accounts and pensions." The minimum investment ...

Alaska SWF tips $1bn into investments

PRESS RELEASE  |  MONDAY, 29 MAR 2010
Sovereign wealth fund (SWF) Alaska Permanent Fund Corporation (APFC) has poured over $1 billion into various global fund managers following an investment meeting in December. The SWF gave $250 million to Oaktree Capital Management and Audax Management ...

BOQ buys St Andrews insurance

COMPANY RELEASE  |  MONDAY, 29 MAR 2010
... avoids the complexities and costs of integrating the two insurance businesses," said Grahame Petersen, group executive of wealth management at Commonwealth Bank. All St Andrews staff are being offered employment contracts with the Bank of Queensland ...

Swanson heads MMC Contrarian

RUTH LIEW  |  FRIDAY, 26 MAR 2010
... year, is taking over as chief executive from Alex Hutchison. Hutchison, in turn, will become the chief executive of MMC's wealth management and advice business. He will be responsible for the expanded businesses of advice groups, ComCorp and ClearView. ...

PIMCO Australia draws record $30bn FUM

MICHELLE BALTAZAR  |  WEDNESDAY, 24 MAR 2010
... billion - but with the higher FUM comes the onus to better navigate sovereign risk. Peter Dorrian, PIMCO's head of global wealth management in Australia, said last year was a record year for the group since it set up a local arm. The $8 billion worth ...

Market Wrap - Midday

AAP  |  FRIDAY, 19 MAR 2010
... down). "Any easing there will have a negative impact on our financial sector and our mining sector." Macquarie Private Wealth investment adviser, John Milroy, said volumes were slow and there had been some profit-taking. "Banks are pretty mixed and resource ...

Merrill Lynch exec heads Macquarie Private Wealth

COMPANY RELEASE  |  THURSDAY, 18 MAR 2010
... appointed former Merrill Lynch US Private Client Group managing director, Eric Schimpf, as the new head of Macquarie Private Wealth. Schimpf will head up MPW's 425 advisers providing advice services to clients throughout Asia, Australia and New Zealand. ...

Clients confused about cost of advice

COMPANY RELEASE  |  THURSDAY, 18 MAR 2010
... providing comprehensive financial advice and what consumers believe is apt to pay for it," said Fabian Ross, general manager of wealth management at GESB. Ross said that providers also need to reduce confusion amongst consumers about what they should ...

End game

BENJAMIN ONG  |  THURSDAY, 18 MAR 2010
... former LTCM general counsel, saying that China "is the greatest bubble in history with the most massive misallocation of wealth... a bubble waiting to burst." Puh... lease. Does this dude still have any right to guess the future? Last time I checked ...

Open letter to trusted trustees

MICHELLE BALTAZAR  |  WEDNESDAY, 17 MAR 2010
... said Paatsch, is that, perversely, institutional investors have also been the beneficiaries of the massive transfer of wealth away from retail and offshore investors. But sooner or later, lack of shareholder activism on their part will come back to haunt ...