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Showing 9901 - 9910 of 11521 results for "DIV"

QIC breaks away from asset norm

RUTH LIEW  |  TUESDAY, 6 MAY 2008
QIC, a top institutional fund manager with over $70 billion in assets under management, has restructured its business along three lines, based on alpha, beta and capital management, as opposed to traditional asset classes. Following the restructure ...

Trust and Russell redefine philanthropic investing

MICHAEL HOBBS  |  TUESDAY, 6 MAY 2008
Trust has teamed up with Russell Investment Group to launch the Trust Philanthropy Fund, an investment product that provides regular income and returns that best suit a not-for-profit organisations. Russell Investment Group's (Russell) multi manager ...

ING buys Citistreet for $960m

MICHAEL HOBBS  |  MONDAY, 5 MAY 2008
ING Group has acquired admin services giant Citistreet, owned by Citi and State Street, for a whopping $960 million in cash. Established in 2000, Citistreet was previously half owned each by Citigroup and State Street Corporation. The business provides ...

Hindsight strategy a winner: GSJBW

MICHAEL HOBBS  |  FRIDAY, 2 MAY 2008
Goldman Sachs JBWere (GSJBW) has released Keystone Funds - Series III, giving investors exposure to soft commodities, sustainable industries and two hindsight funds. Keystone Funds - Series III includes four fund options including Sustainability, Global ...

Pentafin recruits ex-Macq head

RUTH LIEW  |  FRIDAY, 2 MAY 2008
Financial solutions provider Pentafin has appointed the former director and head of sales and marketing at Macquarie Bank's consumer finance division to spearhead the group's ambitious expansion plans. Stephen Karrasch brings over 20 years experience ...

Hooley named State Street pres and COO

MICHAEL HOBBS  |  FRIDAY, 2 MAY 2008
State Street Corporation has promoted the firm's 32 year veteran, Jay Hooley, to president and chief operation officer. Hooley, 51, joined State Street in 1986 and led the firm's US Mutual Fund sales division before joining State Street's shareholder ...

Kelly plans changes at Westpac

WWW.THESHEET.COM  |  FRIDAY, 2 MAY 2008
Three months into her job as chief executive of Westpac Gail Kelly is ready to make some changes. Speaking yesterday at the presentation of the bank's results for the six months to March 2008 she said there were aspects of the business that disappointed ...

NAB buys stake in Pengana

MICHAEL HOBBS  |  THURSDAY, 1 MAY 2008
National Australia Bank's (NAB) direct investment management business, nabInvest, has purchased roughly one third of funds management firm Pengana Capital. This minority stake represents nabInvest's second investment. The first, which they signed last ...

Emerging market funds to be rated on sustainability

RUTH LIEW  |  WEDNESDAY, 30 APR 2008
Emerging markets (EM) fund managers may soon have to incorporate better environmental, social and governance (ESG) strategies into their investments if they wish to receive a high sustainability rating from the World Bank. IFC, the private sector division ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 30 APR 2008
The Australian stock market was softer at noon following a weak lead from Wall Street and lower base metals prices in London overnight. At 1200 AEST, the benchmark S&P/ASX200 index was down 9.1 points, or 0.16 per cent, to 5,597.8 while the broader ...