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Showing 931 - 940 of 1133 results for "Parent"

AvSuper unlikely to follow govt fund mergers

MICHAEL HOBBS  |  FRIDAY, 5 DEC 2008
... 'profit for members structure' which takes the best of features of industry, corporate and retail super funds. However, its parent organisations include the non-profit association Australian Council of Trade Unions (ACTU) and government-owned group Air ...

Asgard and IOOF add Patriot funds

RUTH LIEW  |  FRIDAY, 5 DEC 2008
... of Fisher Graham Financial. Both funds are also available through BT, Macquarie, Beacon and Ausmaq platforms Patriot's parent company, Fisher Graham Financial secured a $161.7 million mandate from QIC in March for the firm's specialist Asian markets ...

Macq reduces headcount

MICHAEL HOBBS  |  THURSDAY, 4 DEC 2008
... the period, the division raised $2.8 billion in new capital and advised on 164 transactions valued at $83 billion. The parent group saw net profit after tax fall $604 million, some 19 per cent below the numbers in the half year to March. In separate ...

FPSA moves operations to Melbourne

MICHAEL HOBBS  |  MONDAY, 1 DEC 2008
... compliance division which are already housed in the Collins Street office. FPSA will take over part of floor occupied by its parent company, netwealth Investments, which will allow the dealer group to use the platform provider's IT infrastructure, web ...

Choice members up 25pc

MICHELLE BALTAZAR  |  FRIDAY, 28 NOV 2008
... choice-of-fund members of between three and four per cent each year," said Peter Philip, chief executive of InvestmentLink, the parent company of SuperChoice. The number will continue to rise as job cuts and people switching jobs also rise in the aftermath ...

Good news at last for AIG

MICHAEL HOBBS  |  THURSDAY, 13 NOV 2008
... to ease financial advisors' concerns over the health of the life insurer, reiterating the separate relationship with its parent company. Harrison said the firm posted all time record production figures in September, with $27.6 million in first year premiums ...

S&P ramps up research division

MICHAEL HOBBS  |  FRIDAY, 7 NOV 2008
Standard & Poor's is pulling out all the stops to cope with institutional demand, hiring five analysts to its local research division and creating an "out of cycle" ratings team to review new products. The ratings firm hired former Westpac Private Bank ...

Mortgage trusts face crisis of confidence

MICHELLE BALTAZAR, MICHAEL HOBBS  |  FRIDAY, 24 OCT 2008
... they are not going to change their redemption rules. The spokesman said that the fund can tap into the liquidity of its parent bank to meet all withdrawals. Similarly, NAB-owned MLC also announced all its investment funds will operate as normal and there ...

WealthBuilder targets generational clients

RUTH LIEW  |  THURSDAY, 23 OCT 2008
IOOF has created WealthBuilder - a multigenerational investment bond targeted towards investors focussed on estate planning and medium to long term savings. According to Renato Mota, general manager investor solutions at IOOF, estate planning provides ...

MLC FUM falls, profits flat

MICHAEL HOBBS  |  WEDNESDAY, 22 OCT 2008
... almost 20 per cent to $32 million due to positive growth across its group insurance and protected loans businesses. MLC's parent company, NAB saw its net profit fall 0.9 per cent to $4.5 billion and its cash earnings drop 10.7 per cent to $3.9 billion ...