property

People & Products

Principal Global Investors (PGI) has swiftly moved to reassure the market by reassigning institutional director Alex Francois into its, soon to be vacated, managing direc...

Financial planning

CSAM execs depart after role merge

Credit Suisse Asset Management has combined its Australian and Asian equity teams, resulting in the departure of two executives, including former head of Australian equit...

Financial planning

Strong markets breed millionaires

There has been an 11 per cent spurt in the number of high net wealth individuals in Australia over the past year according to the 2004 World Wealth Report released today ...

Financial planning

Centro MCS adds to syndicate offerings

Australian retail property syndicate Centro MCS has launched a wholesale version of its direct property fund hard on the heels of the retail version of the offering....

Financial planning

Challenger continues non-core sell off

Challenger Financial Services Group has chosen superannuation back-office firm Australian Administration Services as preferred bidder in the flagged sale of its corporate...

Financial planning

BT resets small caps team

BT Financial Group has moved to repair the hole created by the resignation of its head of small caps Matt Riordan in late April by appointing an experienced analyst to th...

Financial planning

Melbourne adviser banned for 2 years

The Australian Securities and Investments Commission has banned a Melbourne-based financial adviser for two years after deeming previous fraud convictions, while not rela...

Financial planning

LPT’s kick-off capital raising push

Two listed property trusts have launched their initial public offer campaigns ahead of proposed listings on the Australian Stock Exchange next month....

People & Products

Lonsec names Newnham as distribution head

Lonsec has named the former head of distribution with Zurich Financial Services, Steve Newnham, as its’ marketing and distribution manager as part of a raft of changes wi...

Financial planning

AMP optimistic after annus horribilis

AMP is confident of a reversal of fortune following last year’s $5.5 billion loss, announcing today a renewed commitment to regional wealth management and flagging allian...

Financial planning

Baby boomers overlook financial planners

Almost two thirds of baby boomers do not have financial plans or have a financial planner with nine out of 10 confident of their own financial knowledge according to a su...

Financial planning

Macquarie performs but next year tougher

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

Deutsche chief executive resigns

Deutsche Asset Management chief executive Ross Youngman resigned from the group yesterday and has been replaced by former Westpac Financial Services chief Shaun Mays....

Financial planning

Perpetual wins top award

Perpetual Investments has taken out the top prize in the Money Management/Assirt Fund Manager of the Year Award and has also been named as winner in the Australian equiti...

Financial planning

Invesco looks to replace departing execs

Invesco Australia is embarking on a recruitment search to replace two senior executives following the imminent departure of its head of sales and marketing Peter Hodgson ...