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| | | The former chief of ING New Zealand, Marc Lieberman, is the new head of Metlife Insurance in Australia. Lieberman will be reporting to Peter Smyth, Metlife's regional managing director for Asia-Pacific. Prior to joining Metlife, Lieberman was chief ... |
| | | | A director who dealt in Westpoint promissory notes has been placed on a good behaviour bond after pleading guilty to carrying on a financial services business without holding an AFSL. He was sentenced to six months imprisonment, with an order that he ... |
| | | | 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 ... |
| | | | Bank of Queensland has bought St Andrew's Insurance from the Commonwealth Bank of Australia. The deal means Bank of Queensland to buy the consumer credit insurance and life insurance products that St Andrews distributes. St Andrew's has a annual gross ... |
| | | | Lonsec has beefed up its research team, including hiring ex-PIS research manager Darren Howlin in a similar role, while its senior investment analyst Bronwen Moncrieff resigned to join the Future Fund. As well as contributing to Lonsec's current research ... |
| | | | PIMCO Australia posted its biggest year ever in 2009, with funds under management (FUM) up 36 per cent to $30 billion - but with the higher FUM comes the onus to better navigate sovereign risk. Peter Dorrian, PIMCO's head of global wealth management ... |
| | | | The Australian share market was more than half a per cent higher at noon following a firm lead from Wall Street and gains among the major miners. At 1200 AEDT, the benchmark S&P/ASX200 index was up 33.6 points, or 0.69 per cent, at 4,908.4 points, while ... |
| | | | Equipsuper has appointed former UBS Global Asset Management (Australia) deputy head of Australia and head of risk, Danielle Press, as chief executive. Press worked at UBS across a number of roles in Chicago, Geneva and Singapore. Prior to working at ... |
| | | | Down day, up week. This was Wall Street's performance lat Friday and over the pass five trading days. And since the Australian equity market "almost" always marches to the beat of Wall Street's drum, market observers/forecasters guessing that it would ... |
| | | | Cbus is in merger talks with electricity fund CONNECT - a move that could see changes in overlapping mandates and a face off between each fund's asset consultant, Frontier Investments and JANA. Cbus, the industry fund for the construction, building ... |
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