FUNDS MANAGEMENT BUSINESS

Financial planning

IOOF is refusing to rule out hitting the acquisition trail – given it is debt-free and has $70 million in the bank – but stresses it won’t be making any rash decisions an...

Financial planning

Mercer Investment Consulting, bucking the trend against its recent hiring spree, has been forced to restructure its senior ranks following the departure of its national p...

Financial planning

Australian Unity has surpassed the $2 billion funds under management barrier for the first time in its 164-year old history after reporting record inflows of $438 million...

Financial planning

John Wilkinson talks to HSBC chief executive Barry Sheehan and chief investment officer Jon Taylor about the challenges of turning around the fortunes of the fund manager...

Editorial

The Commonwealth Bank of Australia has attributed its 28 per cent rise in net profit for the financial year just ended to resurgent equity markets, improved general and l...

Financial planning

Colonial First State is seeking to expand its reach across the Asia-Pacific region by forming a series of alliances with fund managers in those countries to distribute a ...

Editorial

Perpetual Trustee Company is set to improve its 2003 profit performance by at least 25 per cent, fuelled by strong growth in its funds management business and increases w...

Financial planning

Macquarie Bank has announced a 48 per cent rise in profits buoyed by a 61 per cent increase in international income, but warns that the next twelve months may not be as r...

Financial planning

Westpac Banking Corporation, boosted by its acquisition of BT Financial Group, has reported a $1.2 billion operating profit for the half year ending March 31, a 17 per ce...

Editorial

LUCIE BEAMAN spoke to Richard Gilbert and Brian Thomas about what will be the major influences on the funds management world this year....

Financial planning

AXA has disbanded the position of chief investment officer in light of the investment management roles performed by its partners Alliance Capital Management and Bernstein...

Financial planning

Perpetual Trustees remains in the hunt for acquisitions in a bid to expand into additional asset classes and increase the diversity of its product range following an asse...

Funds management

Assirt claims the net retail inflows top five show a mixed bag of managers, both specialist and generalist, and that the largest flows have been into defensive investment...

Financial planning

Garrisons managing director Kim White has announced his resignation from the group and with Synergy managing director Jim McKay moving into the role on an acting basis....

Financial planning

Inflows into master trusts and wraps have grown at a rapid rate but what happens to the funds once they are in the door. Jason Spits looks at where they go, who makes the...

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MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 month 1 week ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

2 months 1 week ago

ASIC has canceled the AFSL of Sydney-based asset consultant and research firm....

1 week 3 days ago

The Reserve Bank of Australia has announced its latest interest rate decision following this week's monetary policy meeting....

2 weeks 5 days ago

A former financial adviser who stole $4.4 million from his family and friends to feed gambling debts has been permanently banned by ASIC....

3 weeks 2 days ago
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