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Showing 961 - 970 of 5062 results for "Sales"

Macquarie advice shift offers mixed results

HARRISON WORLEY  |  FRIDAY, 8 MAY 2020
... funds on Macquarie's platforms dropped by 8% due to market movements, the firm said those results were offset by net sales of 3%. Additionally, independent financial adviser sales increased by 35% compared to the year before, a result Macquarie labeled ...

Kiwi investment firm nabs Aussie talent

ALLY SELBY  |  FRIDAY, 8 MAY 2020
... the firm's Australian operations. Former UBS chair of investment banking, head of equities and prior head of hedge fund sales, Robbie Vanderzeil, will lead Jarden's Australian business. Former Goldman Sachs head of equity capital markets Sarah Rennie ...

Almost $1bn wiped off risk market

ELIZABETH MCARTHUR  |  WEDNESDAY, 6 MAY 2020
... inflows of 29%, AMP was down 7.8%, MLC was down 4.3%, BT/Westpac recorded negative inflows of 4% and Zurich lost 3.5%. Total sales of new risk premiums were similarly down, with Plan For Life observing a 3.9% drop. Again, TAL was the best performer in ...

Pendal appoints new head of HNW distribution

KANIKA SOOD  |  MONDAY, 4 MAY 2020
... manager Auscap Asset Management in Sydney for four years. ln his new role, Hopperton will look after Pendal Group's sales and relationship management for the HNW channel, including family offices. He started on April 20. Lee has about 20 years of ...

Global manager reduces fees on flagship fund

ALLY SELBY  |  THURSDAY, 30 APR 2020
... FOFA laws will come to fruition, banning advisers from receiving conflicted remuneration entirely. T. Rowe Price Australian sales manager Darren Hall said the management fee change would benefit both advisers and their clients. "Putting client interests ...

Madison sale slated for May completion

KANIKA SOOD  |  WEDNESDAY, 29 APR 2020
... fast-growing company owed it before defaulting on its debt. Madison, which includes about 100 advisers, is currently in a sales process being run by Seaview Consulting's Bob Neill. "...the sale process of the Madison Group is on track to complete in ...

Pandemic puts pressure on ETF spreads

ALLY SELBY  |  WEDNESDAY, 29 APR 2020
... COVID-19 market crash, with price discovery becoming increasingly more difficult. That's according to ETF Securities co-head of sales Kanish Chugh, who pointed to global equity vehicle iShares S&P 500 ETF as an example. The spread on this product increased ...

Property takes $237m hit

ALLY SELBY  |  TUESDAY, 28 APR 2020
Total property sales across the country have dropped at least 30% after COVID-19 cases started increasing in March, with sales down $237 million compared to the same period last year. Total sales in Sydney have dropped 79% (-$454 million), while sales ...

Property giant kicks off capital raise

ALLY SELBY  |  MONDAY, 27 APR 2020
... have remained open and trading providing essential products and services for our local communities," Charter Hall said. "Sales performance of anchor tenants were significantly elevated during March due to panic buying and have now started to normalise ...

COVID-19 will bite into credit ratings

BENJAMIN ONG  |  MONDAY, 27 APR 2020
... world have (and still are) provided backstops to mitigate the painful consequence of frozen economic activity - loss of sales, income, employment, etc. and the societal dislocations that go along them. To do this, most governments around the world are ...