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Showing 8391 - 8400 of 9290 results for "wealth"

Pengana wins ex-Rubicon investors

RUTH LIEW  |  MONDAY, 1 SEP 2008
... management initiatives, and capital structure arbitrage among others. "Most of our clients are offshore fund of funds, sovereign wealth funds or pension plans. Pengana seeded us with $2 million [but] we currently have an investor who was with us at Rubicon ...

Credit Suisse nabs AMF stake

RUTH LIEW  |  THURSDAY, 28 AUG 2008
... across various asset classes including emerging markets, large and small cap equities, real estate, currency, timber and wealth management. The firm's capital has been by clients for internal equity transfers, owner liquidity, management buy-outs and ...

AMP's profits down 2pc

RUTH LIEW  |  THURSDAY, 28 AUG 2008
... the one-off spike in inflows in the second quarter of 2007, following legislative changes at that time. In Contemporary Wealth Management, which includes the financial planning, superannuation, pensions and banking businesses, operating earnings fell ...

AWM posts $65m profit

MICHAEL HOBBS  |  THURSDAY, 28 AUG 2008
Australian Wealth Management (AWM) posted a full year net profit of $65 million to the end of June, its seventh consecutive increase in profit despite tough market conditions. AWM's net profit after tax increased by 13 per cent over a one year period ...

Growth bond plays tax trump card

RUTH LIEW  |  TUESDAY, 26 AUG 2008
AMP has launched the AMP Growth Bond, a "tax paid" investment that allows investors to accumulate wealth with no lock in periods. The AMP Growth Bond is an investment or insurance bond style of where tax is paid on investment earnings within the product ...

Suncorp numbers fail to shine

RUTH LIEW  |  TUESDAY, 26 AUG 2008
Suncorp's wealth management and general insurance divisions have suffered profit falls due to poor markets and severe weather. In a statement released on the Australian Securities Exchange today, Suncorp confirmed that its wealth management arm reported ...

Challenger FM down, CEO says goodbye

RUTH LIEW  |  MONDAY, 25 AUG 2008
... contributor to the boost in Challenger's asset management is the sale of the group's financial planning division Genesys Wealth Advisers and proprietary platform Synergy to AXA for $150 million. The group also assumed AXA's $1.3 billion annuity portfolio ...

Plan B bears market pain

MICHELLE BALTAZAR  |  THURSDAY, 21 AUG 2008
Boutique wealth manager Plan B's full year results were not as stellar as the numbers in the half year although the company still managed to meet its earnings target and dish out higher-than-planned dividends for shareholders. Six months ago, Plan B ...

Perpetual posts $133m profit

MICHAEL HOBBS  |  THURSDAY, 21 AUG 2008
... performance fees in Perpetual Investments, the structured products business and its mortgage services. Perpetual's Private Wealth's funds under advice (FUA) fell further since May to $7.7 billion at the end of financial year, dropping $700 million on ...

Guild selects Mercer for admin

MICHAEL HOBBS  |  THURSDAY, 21 AUG 2008
... employers. "The move positions us to be an industry leader in customer service," said Simpson. David Anderson, head of Mercer Wealth Solutions, said Guild Group's appointment and the also being selected by two other industry plans indicated the firm's ...