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Showing 801 - 810 of 1786 results for "strength."

Westpac to raise capital by divesting BTIM stake

LAURA MILLAN  |  TUESDAY, 16 JUN 2015
Westpac Group will sell half of its stake in BT Investment Management (BTIM) to institutional and retail investors in a move that will raise up to $700 million and bolster its capital position. Westpac will reduce its stake in the funds management business ...

Westpac restructure sees senior exec depart

MARK SMITH  |  WEDNESDAY, 10 JUN 2015
A senior Westpac executive has left the bank following a significant restructure of the management team. Jason Yetton, group executive of retail and business banking is leaving as two new divisions are created. The new consumer bank division will be ...

Super delivers 12.2% for year end April

ALEX DUNNIN  |  WEDNESDAY, 3 JUN 2015
Returns from super fund default MySuper options dipped to 12.2% for the 12 months to end April but funds are still on track for another solid financial year, according to SelectingSuper's latest performance survey. The SelectingSuper survey of Workplace ...

Winter of our discontent

BENJAMIN ONG  |  MONDAY, 1 JUN 2015
'Twas a winter of discontent for our Northern Hemisphere brethrens and us, Australians all, could experience a similar winter of our own. It barely made the headlines when the Organisation for Economic Cooperation and Development (OECD) issued its provisional ...

JP Morgan appoints infrastructure head

ALEX BURKE  |  TUESDAY, 26 MAY 2015
JP Morgan has appointed a new head of energy, infrastructure and utilities, global investment banking, Australia and New Zealand. Andrew Sutherland has held positions at UBS, Credit Suisse, Citigroup and most recently Goldman Sachs's investment banking ...

BNP launches EM equity fund in Australia

STAFF WRITER  |  TUESDAY, 19 MAY 2015
BNP Paribas Investment Partners has launched a Global Emerging Market Equity fund for institutional and retail investors in Australia. The fund uses a bottom-up approach to build concentrated, high conviction portfolios. It focuses on investing in small ...

Statewide hands COO acting chief executive role

DARREN SNYDER  |  FRIDAY, 15 MAY 2015
Statewide Super has made longstanding chief operating officer, Nicolle Rantanen, its acting chief executive officer. Rantanen began the role in May following the departure of John O'Flaherty, who led the fund for five years and oversaw significant growth ...

Market Wrap PM

AAP  |  TUESDAY, 12 MAY 2015
The Australian stock market has bounced back after five consecutive days of falls, helped by gains in banking and mining shares. CMC Markets chief market strategist Michael McCarthy said the market is doing surprisingly well. "We have seen iron ore ...

BAM appoints non-executive chair

ALEX BURKE  |  MONDAY, 11 MAY 2015
Global equities manager Bell Asset Management has appointed a new non-executive chair to its board. Christine Feldmanis was most recently managing director at Treasury Group Investment Services, and was CFO and senior client services manager at NSW ...

Market Wrap AM

AAP  |  MONDAY, 11 MAY 2015
The Australian market looks set to open higher, following gains on Wall Street on Friday. The June share price index futures contract was up 43 points at 5,645. Wall Street stocks surged more than one per cent on Friday after new data showed that the ...