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Showing 9601 - 9610 of 11521 results for "DIV"

Pengana wins $50m Auscoal mandate

RUTH LIEW  |  TUESDAY, 9 DEC 2008
The $4.6 billion industry fund Auscoal Super has appointed a $50 million mandate with Pengana Capital. The coal-mining industry super fund invested the $50 million into the Pengana Global Volatility fund. According to Pengana, the placement follows ...

Alaskan fund appoints HarborVest Partners

RUTH LIEW  |  MONDAY, 8 DEC 2008
The $43 billion Alaska Permanent Fund Corporations (APFC) is not letting the bear market slow its private equity investments as the fund hires HarborVest Partners to manage a new PE portfolio. APFC last week appointed US investment specialist HarborVest ...

Westpac NZ hires NAB exec for CEO

MICHAEL HOBBS  |  FRIDAY, 5 DEC 2008
Westpac New Zealand appointed NAB executive general manager, George Frazis as chief executive. Frazis starts his role in April and replaces acting Westpac New Zealand chief executive, Bruce McLachlan who has held the role since June. McLachlan will ...

Investors back AUI property proposal

RUTH LIEW  |  FRIDAY, 5 DEC 2008
Investors in three of the five Australian Unity Investments property vehicles have voted 'yes' to the firm's proposal to staple five property syndicates to establish a $400 million retail property fund. A recent media report claimed that AUI had failed ...

Macq reduces headcount

MICHAEL HOBBS  |  THURSDAY, 4 DEC 2008
Macquarie Bank is the latest investment and banking firm to reduce headcount in the wake of the financial crisis with job cuts in its Melbourne and Sydney offices today. It is believed that more than 100 roles in Macquarie Capital were made redundant. ...

New leaders at BT and Asgard

RUTH LIEW  |  THURSDAY, 4 DEC 2008
Chris Freeman will retain his title as head of BT Wrap while Wayne Wilson will lead the St.George Business Solutions and Asgard divisions following the St.George/Westpac merger. BT Financial Group announced the appointments yesterday, which includes ...

IAG ups Malaysian stake

RUTH LIEW  |  WEDNESDAY, 3 DEC 2008
Insurance Australia Group (IAG) has increased its interest in Malaysian joint venture AmAssurance by nearly 15 per cent but is pulling out of the life insurance part of the business. IAG announced on 1 December that it had pumped up its stake in AmAssurance ...

Vianova weathers financial crisis

RUTH LIEW  |  WEDNESDAY, 3 DEC 2008
Savvy fixed income managers such as Vianova have emerged victorious in the bear market as their minimal sub-prime exposure and backing of bonds pay off, according to Australian Unity Investments. Investors who liquidated assets to protect income by ...

Frontier hires analyst

MICHAEL HOBBS  |  WEDNESDAY, 3 DEC 2008
Frontier Investment Consulting hired hedge fund researcher, Ching Lee as an analyst. Lee previously worked at Shadforth Financial Group/Haintz Financial Services as an analyst and prior that appointment as a research assistant at Monash University analysing ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 3 DEC 2008
The Australian stock market is expected to open higher after US stocks rebounded overnight. At 0700 AEDT on the Sydney Futures Exchange, the December Share Price Index futures contract was up 28 points at 3,600. In economic news, the Australian Industry ...