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Showing 8161 - 8170 of 9290 results for "wealth"

Swanson leaves CommInsure

MICHAEL HOBBS  |  FRIDAY, 19 JUN 2009
... so I'll see her through that and then take it from there," he said. Paul Rayson, the group's chief financial officer for wealth management, succeeds Swanson taking on the role as executive general manager at CommInsure. As chief financial officer of ...

China's SWF on hiring spree

RUTH LIEW  |  WEDNESDAY, 17 JUN 2009
The world's ninth largest sovereign wealth fund, the $240 billion China Investment Corporation, is embarking on a recruitment spree to boost its investment teams. A statement released yesterday on the CIC website noted that they were seeking "qualified ...

IFSA launches superannuation Charter

ALEX DUNNIN  |  WEDNESDAY, 17 JUN 2009
... by the Investment and Financial Services Association (IFSA), akin to an investor bill of rights, looks set to redefine wealth management industry practices. The "historic charter [will] create a fairer and more competitive superannuation system for all ...

Equities jackpot for HNWs

RUTH LIEW  |  TUESDAY, 16 JUN 2009
Over 90 per cent of wealth manager clients will demand direct equity investments in the next two years, new figures show. A survey by Datamonitor shows that wealth managers, who serve the financial needs of HNW individuals, expect that over 90 per cent ...

Super is a good idea but needs fixing

ALEX DUNNIN  |  TUESDAY, 16 JUN 2009
... back to a de facto re-introduction of reasonable benefit limits. Disney said high income earners who want to accumulate wealth are free to do so, but this should be done outside of formalised superannuation. With the value superannuation tax concessions ...

CHOICE wants commissions banned

MICHELLE BALTAZAR  |  MONDAY, 15 JUN 2009
... said Elisa Freeman, senior policy officer at CHOICE. Freeman also singled out trail commissions. "They erode a client's wealth year-by-year but without any guarantee of advice services along the way," she said. Instead, CHOICE is recommending fixed fee ...

ING drops guarantee for interest

PRESS RELEASE  |  MONDAY, 15 JUN 2009
... investment products not covered by the government's guarantee," said Mark Pankhurst, head of product and marketing for wealth management at ING Australia. "The new fund is identical to our existing ANZ Flexible Term Deposit Fund, except that by not offering ...

BlackRock to buy Barclays Global Investors...

RUTH LIEW  |  FRIDAY, 12 JUN 2009
... the chairman. "This relationship offers the opportunity to form a closer relationship between our investment banking and wealth management business and BlackRock," said Robert E. Diamond, Jr., president of Barclays PLC. Under the terms of the transaction ...

ING battles longevity risk

MICHELLE BALTAZAR  |  WEDNESDAY, 10 JUN 2009
... products, ING Australia is revving up, with plans to launch the range later this year. Stout, who previously ran ING's wealth management outfit in the US and was in life insurance prior to that, said there is a gap in the market in terms of the right ...

J.P. Morgan teams up with Linear AM

COMPANY RELEASE  |  TUESDAY, 9 JUN 2009
... the suitability of the product for people who are saving for their retirement or those looking to borrow to grow their wealth," said David Jones-Prichard, executive director, Equity Derivatives and Structured Products at J.P. Morgan. Unlike traditional ...