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Showing 791 - 800 of 1019 results for James Fernyhough

Praemium returns to growth

JAMES FERNYHOUGH  |  THURSDAY, 22 AUG 2013
Platform provider and portfolio administrator Praemium has posted net profits of $4.4 million, after recording a loss of $3.9 million last year. Overall the company's revenue grew by 8%, or approximately $1 million, reaching $14 million. Chief executive ...

Legg Mason appoints former Deutsche Bank exec

JAMES FERNYHOUGH  |  WEDNESDAY, 21 AUG 2013
Legg Mason Australian Equities (LMAE) has appointed William Baylis as multi strategy portfolio manager. Baylis is Deutsche Bank's former director, institutional equities, a role he held until September 2012. He was at Deutsche bank for 16 years, and ...

J.P. Morgan launches APRA reporting service

JAMES FERNYHOUGH  |  WEDNESDAY, 21 AUG 2013
J.P. Morgan's custody arm has today launched its solution to the increased data reporting requirements associated with the Stronger Super reforms. Under Stronger Super, the Australian Prudential Regulation Authority (APRA) will require superannuation ...

Executive pay under spotlight in new ACSI guidelines

JAMES FERNYHOUGH  |  WEDNESDAY, 21 AUG 2013
The Australian Council of Superannuation Investors (ACSI) has published new governance guidelines outlining how it will assess the behaviour and performance of public company directors. The updated guidelines, developed in consultation with ACSI member ...

Hybrids must better convey risk: ASIC

JAMES FERNYHOUGH  |  TUESDAY, 20 AUG 2013
The Australian Securities and Investments Commission (ASIC) is cracking down on the misleading marketing of hybrid securities. ASIC has criticised what it terms "misleading labelling" and "unwarranted comparison" of hybrids to less risky products such ...

OneVue confirms Computershare Fund Service takeover

JAMES FERNYHOUGH  |  TUESDAY, 20 AUG 2013
OneVue will acquire Computershare's unit registry arm, Computershare Fund Services (CFS), it has confirmed. OneVue group chief executive Connie Mckeage said the acquisition would make OneVue the biggest provider of outsourced unit registry solutions ...

Legg Mason wins three 'Recommended' ratings

JAMES FERNYHOUGH  |  TUESDAY, 20 AUG 2013

Market Wrap AM

JAMES FERNYHOUGH  |  TUESDAY, 20 AUG 2013
The Australian market looks set to open lower after Wall Street continued its downward trend on mediocre economic news and higher bond yields. At 0755 AEST on Tuesday, the September share price index futures contract was down 17 points at 5,071. In ...

NAB tight-lipped on latest redundancies

JAMES FERNYHOUGH  |  MONDAY, 19 AUG 2013
National Australia Bank (NAB) has put the latest string of redundancies down to "natural attrition", after it was reported that around 15 members of NAB's custody arm, NAB Asset Servicing, had lost their jobs. This followed last week's large scale redundancies ...

Bendigo records $350 million in profits

JAMES FERNYHOUGH  |  MONDAY, 19 AUG 2013
Bendigo and Adelaide Bank (BEN) has announced profits and an after tax statutory profit of $352.3 million for the last financial year, a significant increase from $195 million in FY 2012. BEN also reported underlying cash earnings of $348 million, representing ...