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Showing 881 - 890 of 2259 results for Mark Smith

NZ Super terminates AMP Capital mandate

MARK SMITH  |  TUESDAY, 4 NOV 2014
The New Zealand Superannuation Fund has terminated AMP Capital's New Zealand active equities mandate, effective from 30 October. The value of the mandate was NZ$257.5 million ($228.8 million). AMP Capital was appointed to the mandate in 2003. The decision ...

Van Eyk spin-off signs first major client

MARK SMITH  |  TUESDAY, 4 NOV 2014
InvestSense, the company established by van Eyk's former asset consultant team, has signed its first major client. Sentry Group, a national dealer group headquartered in Perth, has signed up to the new service. Established in 2005 by industry stalwart ...

MetLife partnership extend group insurance to SMEs

MARK SMITH  |  MONDAY, 3 NOV 2014
MetLife Insurance will partner Steadfast, the largest network of general insurance brokers in Australasia, to extend MetLife's group life cover to Australian small to medium-sized enterprises (SMEs). The two companies have produced a suite of co-branded ...

Bloomberg takes full control of UBS indices

MARK SMITH  |  MONDAY, 3 NOV 2014
Bloomberg Indexes has taken full control of the UBS bond indices it purchased in April, placing them under its AusBond Indexes brand. The transition was successfully completed on 29 September and Bloomberg is now managing all aspects of the index governance ...

The Infrastructure Fund reaches into Europe

MARK SMITH  |  MONDAY, 3 NOV 2014
The Infrastructure Fund (TIF) has taken a 7.5% stake in UK rail freight leasing company Porterbrook Rail Finance. The move is part of the broader investment strategy for TIF, overseen by trustee The Private Capital Group Pty Ltd (TPCG), to create a ...

In-housing creating consultant uncertainty

MARK SMITH  |  MONDAY, 3 NOV 2014
Asset consultants are jostling for position in a bid to combat the in-housing of super fund investment teams, with a variety of strategies emerging. At its recent annual Ideas Exchange in Melbourne, Towers Watson addressed superannuation fund CIOs some ...

BTFG earnings up 16%

MARK SMITH  |  MONDAY, 3 NOV 2014
Staying "close to advisers" to assist them cope with regulatory changes helped BT Financial Group (BTFG) to a solid full year result, according to the wealth manager. The company reported a 16% year-on-year increase in cash earnings to $895 million ...

Westpac director resigns from board

MARK SMITH  |  MONDAY, 3 NOV 2014
Westpac director Ann Pickard will retire from the board after the bank's annual general meeting on 12 December, chairman Lindsay Maxsted announced in a statement. Pickard has been a member of the Westpac Board since December 2011. During her time as ...

Zurich makes senior appointment

MARK SMITH  |  FRIDAY, 31 OCT 2014
Zurich Financial Services Australia has made a senior appointment within its life and investments business. Phil Anderson has been promoted to the executive leadership team to become chief operating officer, effective immediately. In the expanded role ...

Wealth division boosts ANZ profit

MARK SMITH  |  FRIDAY, 31 OCT 2014
... markets by creating a better bank for all our customers whether big, small, retail or corporate," ANZ chief executive Mike Smith said. "There were market share gains in key segments in Australia, the New Zealand business performed strongly following ...