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| | | Neuberger Berman has agreed to acquire the businesses of Lehman Brothers Trust Company, N.A. and Lehman Brothers Trust Company of Delaware. Neuberger Berman Group which has approximately $194 billion in assets under management as of June 30, 2009, announced ... |
| | | | HSBC Bank Australia has awarded a mandate to RBC Dexia Investor Services to provide international investor services for its global investments business. HSBC Global Investments is the institutional wealth management arm of HSBC Bank Australia and distributes ... |
| | | | ... At 0644 AEST on the Sydney Futures Exchange, the September share price index contract was 26 points higher at 4091. In company news on Monday, Australian Foundation Investment Co Ltd annual results and Australand Property Group first half results are ... |
| | | | ... Capital and Macquarie Airports have agreed to a change in the Airports' management structure, investment fee model and company name, subject to shareholder approval. Under the agreement, the Macquarie Airports management team, who currently work for ... |
| | | | AIA Australia has appointed Margaret Canavan as head of group operations. The role will manage the company's underwriting, administration and claims functions within the Group Insurance sector. Canavan joined AIA Australia in 2004 bringing with her ... |
| | | | The Australian and New Zealand Institute of Insurance and Finance has appointed three new members to the Academic Council and another to the General Insurance Advisory Committee. Philip Maguire, principal at Professional Financial Solutions; Tiina Takolander ... |
| | | | ... the remaining 70 per cent of Gemini Advisors Securities Investments after AMP Capital bought a 30 per cent stake in the company in late 2003. Michael Clarke, director of international business at AMP Capital Investors, said the firm's initial goal was ... |
| | | | ... said. "The timing is right, product appears to be right and now the marketplace is very comfortable that Bluedoor has a company of something like DST behind them." Bluedoor Technologies was appointed by the $2 billion LUCRF Super to enhance its administration ... |
| | | | ... "Aberdeen promotes a 'safety-first' approach to investing in corporate bonds, focusing on the fundamental qualities of a company rather than buying bonds purely because they look cheap," Bishop said. "As proven during the GFC, when markets lost much ... |
| | | | ... domestic equities are presently trading around 13.6 times earnings - below the long-term average of 14.7 times. And with company earnings now starting to improve, prices still have some ways to go before the market becomes fully valued. Plus, stocks ... |
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