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Showing 841 - 850 of 1647 results for "Division 305"

ANZ Swiss partnership attracts $1bn from private clients

LAURA MILLAN  |  THURSDAY, 18 SEP 2014
ANZ's partnership with Vontobel to offer private clients access to the Swiss private bank's investment solution has attracted $1 billion in less than a year, ANZ Global Wealth chief executive Joyce Phillips said. "They [Vontobel] sit in our investment ...

Questions raised about independence of van Eyk board

MARK SMITH  |  FRIDAY, 5 SEP 2014
One of van Eyk's major shareholders has expressed concern about the make-up of the under-fire research and asset consulting company's board. Australasian Wealth Investments (AWI), which owns a 36% stake in van Eyk, remains concerned that there are currently ...

Former Treasury adviser joins ASFA

JAMES FERNYHOUGH  |  WEDNESDAY, 3 SEP 2014
Former Treasury adviser Glen McCrea has been appointed to the newly created role of chief policy officer at the Association of Superannuation Funds of Australia (ASFA). McCrea will have overall responsibility for "ensuring that ASFA's advocacy is prioritised ...

Profit up and new products for ClearView

MARK SMITH  |  WEDNESDAY, 27 AUG 2014
ClearView Wealth has posted a 23% increase in after tax profit for the full year to 30 June while also announcing it is entering the low cost product market for low account balance investors. Underlying net profit after tax grew from $16 million for ...

Challenger to raise $530m to fund further annuities growth

MARK SMITH  |  WEDNESDAY, 20 AUG 2014
Challenger is looking to raise a total of $530 million to inject further growth in its booming annuities business. The figure will be raised from a combination of a $250 million institutional share placement, a $30 million retail share placement and ...

Licensees must be more open to social media: AFA

ALICE URIBE  |  TUESDAY, 19 AUG 2014
Licensees that allow advisers to be active on social media could soon be more appealing to advisers according the Association of Financial Advisers chief executive Brad Fox. Speaking on a panel at the AdviserEdge Social Advice Summit on the Gold Coast ...

Suncorp CEO rewarded for profit growth

AAP  |  THURSDAY, 14 AUG 2014
Insurance and banking group Suncorp's growing profits have resulted in boss Patrick Snowball being rewarded with one of Australia's largest executive pay cheques. The 64-year-old Englishman took home remuneration worth $9.12 million in the 2013/14 financial ...

Blue Sky reveals asset allocation of first alternatives LIC

MARK SMITH  |  THURSDAY, 14 AUG 2014
Blue Sky Alternative Investments has allocated nearly 70% of the $60 million raised for its Alternatives Access Fund into a range of alternative assets including private equity and venture capital, water and agriculture, a hedge fund and private real ...

Folkestone acquires land for planned community

STAFF WRITER  |  TUESDAY, 5 AUG 2014
Listed real estate funds manager Folkestone has entered into a joint venture with ID_Land to establish the Folkestone Truganina Development Fund. The Fund has acquired an 80% interest in a 52.5 hectare residential master planned community in Melbourne's ...

Boost from Chinese stimulus to be short-lived

MARK SMITH  |  TUESDAY, 29 JUL 2014
Goldman Sachs' investment management division has lowered its suggested allocation to emerging markets as the Chinese economy struggles to transition from a focus on exports to a focus on domestic consumption. Dr Jiming Ha, vice chairman and chief investment ...