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Showing 931 - 940 of 1630 results for "Division 296"

Macquarie reports rise in profits

MARK SMITH  |  FRIDAY, 3 MAY 2013
Macquarie Group has reported a net profit of $851 million for the full year to the end of March, up 17% on last year. Total assets under management (AUM) were also up to $347 million from $327 million last year. Operating income fell 4% to $6.7 billion ...

International investment division behind BTIM success

MARK SMITH  |  THURSDAY, 2 MAY 2013
BT Investment Management (BTIM) has reported a strong half-year result, more than doubling statutory net profit after tax and increasing cash net profit by 73%. The board also declared a fully franked interim dividend of 8 cents per share, a 45% increase ...

ANZ grows adviser base

MARK SMITH  |  TUESDAY, 30 APR 2013
ANZ Bank grew its adviser base by 9% in the first half of 2013 in what was a strong result for the group's wealth division. The division also saw productivity in Australia boosted by a 21% increase in risk sales per adviser and a 6% increase in investment ...

Patience with underperforming managers urged: NAB

MARK SMITH  |  MONDAY, 29 APR 2013
NAB Private Wealth has warned its clients that jettisoning a managed fund for recent underperformance could be an unsatisfactory strategy. Citing a recent US study into the behaviour of retail investors, the bank's private banking division said that ...

Zenith rates Macquarie global fund as 'Recommended'

LAURA MILLAN  |  WEDNESDAY, 24 APR 2013
... alternatives advisor, Neuberger Berman (NB). NB has around $19 billion in assets under management across its Alternatives division (which includes Hedge Fund of Funds and Private Equity investments) and Zenith considers it is well set up to provide advisory ...

Austock Group company secretary resigns

ALICE URIBE  |  WEDNESDAY, 24 APR 2013
Austock Group company secretary Amanda Gawne has resigned, to be replaced by the company's chief financial officer Enzo Silverii. It is understood that Silverii has already taken the reigns and according to an ASX announcement yesterday, he will be ...

Russell reveals details of restructure

MARK SMITH  |  TUESDAY, 23 APR 2013
Russell Investments' Australian business has been structured into three core client facing divisions - investment, private client services and institutional - following a recent shake-up at the company, Asia Pacific chief executive Alan Schoenheimer ...

Challenger FUM grows 7% in March quarter

LAURA MILLAN  |  THURSDAY, 18 APR 2013
Another bumper quarter for Challenger, with today's results showing Funds Under Management (FUM) reached $40.9 billion at the end of March 2013, an increase of 30% for the year and up 7% for the quarter. Challenger Life, the division behind the annuity ...

Market Wrap PM

AAP  |  WEDNESDAY, 17 APR 2013
Australian stocks have opened firmer, with the strong start to the trading day underpinned by gains among the big four retail banks and defensive sectors. Local market players took their cues from a positive finish on Wall Street and a rebound in commodities ...

First State Super CIO departs

ALICE URIBE  |  TUESDAY, 16 APR 2013
First State Super (FSS) chief investment officer Mark Sainsbury will retire from his position and leave the fund in May 2013. His departure follows the the appointment of Richard Brandweiner as director of investment services last week. Brandweiner ...