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Showing 8691 - 8700 of 9290 results for "wealth"

Income does not drive wealth: ABS

ALEX DUNNIN  |  MONDAY, 6 AUG 2007
... by the Australian Bureau of Statistics (ABS) confirm that people with the highest incomes are not the ones with the most wealth. According to the latest ABS survey of household income and its distribution, while Darwin households were on average the ...

GBST buys InfoComp for $56m

Listed accounting and transactions technology provider GBST has acquired wealth management software group InfoComp for $56 million, a move that effectively doubles its size and enables it to branch out to new markets. Under the deal, GBST will pay InfoComp ...

Aon appoints head execs

HAMISH MADDEN  |  FRIDAY, 3 AUG 2007
... more than 20 years industry experience across a range of areas to the role of general manager. Managing director of Aon Wealth Management and Aon Financial Planning and Protection, Pierre Kraft, said Plant had been a valuable appointment. "David has ...

CBA launches $370m IWL offer

HAMISH MADDEN  |  WEDNESDAY, 1 AUG 2007
The Commonwealth Bank of Australia, owner of leading sharetrading services provider CommSec, is set to buy listed wealth management and broking group IWL for more than $370 million. CBA has entered into a Scheme Implementation Deed to acquire all of ...

Sunsuper awards $580m mandate to US endowment fund

... hedge funds and listed and direct property investments. "Sunsuper has been actively exploring ways to create long term wealth and this new deal with Makena Capital allows us to tap into a successful model for investing," said Hartley. The Queensland-based ...

Sentiment to Aust shares stays high

ALEX DUNNIN  |  TUESDAY, 31 JUL 2007
... international equities has dampened, according to latest Financial Standard market expectations survey. The proportion of wealth management professionals surveyed who believe the Australian equities will hold strong moved up from 41 to 55 per cent in ...

Private equity, hedge funds at risk

CHRIS NICHOLLS  |  TUESDAY, 31 JUL 2007
... public increasingly fed up with huge profits and payouts taxed at only 15 per cent (in the US) and conspicuous displays of wealth by private equity managers. "We make more and more money and they [the general public] in round numbers do not. Where we ...

MAB FM bolsters team

HAMISH MADDEN  |  MONDAY, 30 JUL 2007
... has appointed a new national distribution manager and announced three other recent appointments. Roger Phipps brings a wealth of experience to the MAB FM business, including eight years as vice president business development with Legg Mason Asset Management ...

Wizard founder builds Yellow Brick Road

CHRIS NICHOLLS  |  FRIDAY, 27 JUL 2007
... Wizard Home Loans founder Mark Bouris and former UBS banker Bryan Davies have joined forces to create new retail advice and wealth management company Yellow Brick Road (YBR). The company will focus on after-tax returns, offering advice, accounting, wealth ...

Super boomtimes as confidence goes stratospheric

ALEX DUNNIN  |  THURSDAY, 26 JUL 2007
The savings explosion ignited by Simpler Better Super has attracted so much money into super that it's never been healthier, while booming returns mean it's never been happier. It's having long term impacts too as analys released by AMP in association ...