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Showing 941 - 950 of 2101 results for "MAX"

Charter Hall acquires $1.6bn property fund manager

KANIKA SOOD  |  WEDNESDAY, 22 AUG 2018
Australian property giant Charter Hall plans to pay $205 million in cash to acquire a fellow ASX-listed property fund manager with $1.6 billion under management. Charter Hall, a group which manages $23 billion, has announced plans to acquire Folkestone ...

AMP names new chief executive

JAMIE WILLIAMSON  |  WEDNESDAY, 22 AUG 2018
AMP has named its new chief executive, ending months of speculation. Francesco De Ferrari will take the helm from 1 December 2018. He was most recently chief executive, South East Asia and Frontier Markets at Credit Suisse, as well as head of private ...

IOOF adds advice GM

JAMIE WILLIAMSON  |  MONDAY, 20 AUG 2018
Following its acquisition of ANZ's aligned dealer groups, IOOF will welcome a new general manager for its combined financial advice business. Currently ANZ general manager, aligned licensees and advice standards, Darren Whereat will transition to the ...

Advisers can help democratise philanthropy

KARREN VERGARA  |  FRIDAY, 17 AUG 2018
Retail investors are fuelling changes in the philanthropic sector that present business development opportunities for the financial advice and wealth management industries, according to an expert. State Street Global Advisors SPDR head of practice management ...

GAM to liquidate bond funds

JAMIE WILLIAMSON  |  MONDAY, 13 AUG 2018
GAM Investments will liquidate its suite of absolute return bond funds following the suspension of its head of absolute return strategies. Last week GAM announced it had suspended investment director Tim Haywood for risk management and record keeping ...

Former advice specialist hired as Zenith analyst

KANIKA SOOD  |  THURSDAY, 9 AUG 2018
Zenith Investment Partners has hired a former associate financial adviser as an investment analyst, continuing a hiring trend it started earlier this year. James Damicoucas spent two-and-a-half years as an associate financial adviser at Perpetual Private ...

Equity Trustees responds to GAM suspension

JAMIE WILLIAMSON  |  TUESDAY, 7 AUG 2018
Equity Trustees halted applications into and redemptions from two GAM Investments funds following the suspension of the global manager's fixed income investment director. In a letter to unitholders, Equity Trustees - as responsible entity for the ...

Former Australian Unity executive joins advice licensee

JAMIE WILLIAMSON  |  FRIDAY, 27 JUL 2018
A financial advice dealer group has added its third former Australian Unity executive this month. Former Australian Unity Personal Financial Services chief executive Steve Davis has joined Infocus Wealth Management in the newly created role of chief ...

Pinnacle splashes $50m on acquisitions

KANIKA SOOD  |  TUESDAY, 24 JUL 2018
Pinnacle Investment Management is acquiring a 40% equity stake in a Melbourne boutique founded by former Vanguard executives and is powering towards another acquisition. The multi-boutique manager is paying $4 million for a 40% equity stake in Omega ...

Westpac names independent director

KARREN VERGARA  |  TUESDAY, 24 JUL 2018
Westpac appointed an international banking executive to its board as an independent non-executive director. Anita Fung joins the banking group on 1 October 2018; she will also join the bank's risk and compliance committee, and its Asia advisory board. ...