Michael Bailey

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Financial planning

14 Jul

Deutsche held, BT up in ratings game

Deutsche Asset Management’s Global Select Equity and Global Bond funds have been hit with multiple ‘hold’ recommendations due to management changes resulting from the sal...

Financial planning

13 Jul

WA dealer groups shuffle staff

Guardian Financial Planning has hired Tim McCallum as its Western Australian advice network manager in place of John Maskew, who left the role to join Tandem Financial Ad...

Financial planning

13 Jul

Asia comes to Treasury Group

Listed funds management holding company, Treasury Group, will shortly launch its second Sydney-based manager of offshore equities, this one led by Peter Sartori, formerly...

Financial planning

12 Jul

Industry confused by compliance: survey

Compliance practices in the financial services industry are usually reactive, and only vaguely regarded as a business benefit, according to a survey of executives from 73...

Financial planning

08 Jul

Global LPTs tipped to become norm

Most new property trusts in the next 12 months would feature overseas property as the famine of good quality Australian properties coming to market continued, a prominent...

Financial planning

07 Jul

Barclays balanced fund is best

Barclays Diversified Growth was the star performer in Mercer’s pooled fund survey for the quarter to June 30, returning 3.8 per cent, against a median 3.2 per cent....

Financial planning

06 Jul

Aus Unity drops resistance to demutualisation

Australian Unity is to finally consider demutualising as part of a move to grow its business, after resisting the trend set by similar organisations for 10 years....

Financial planning

06 Jul

Colonial marketing boss goes in restructure

Colonial First State has restructured its marketing department to bring marketing functions closer to the areas they support, resulting in the retrenchment of the divisio...

Financial planning

05 Jul

Platinum given rare termination notice

MLC has taken the unusual step of terminating a mandate with Platinum Asset Management, one of four managers dropped in a global equity overhaul aimed at boosting after-t...

Financial planning

05 Jul

Citigroup international funds kept on hold

Citigroup Asset Management funds with any offshore exposure have been kept on hold by retail fund raters Standard & Poors, following the sale of the US firm to Legg Mason...