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APPOINTMENTS
People & Products
AMP, Tower, ING, Mercer, ASB and AXA have emerged as the six investment companies appointed to act as default providers for New Zealand’s national KiwiSaver retirement in...
Financial planning
St George Bank wealth management general manager Geoff Lloyd said the retrenchment of 10 staff from Advance Asset Management yesterday marks the end of the organisation’s...
People & Products
The Federal Government has promised that the new Future Fund will have minimal restrictions on its investment strategy....
Financial planning
The Bank of Ireland has restructured its investment arm Bank of Ireland Asset Management, which has involved three new appointments at managing director level....
Financial planning
Effective immediately, Deutsche Asset Management has appointed Klaus Kaldemorgen as global head of equities and Heinz Fesser as global head of fixed income....
Funds management
Merrill Lynch Investment Management has recruited two senior analysts from Goldman Sachs JB Were, weeks after losing three of its Australian equities portfolio managers t...
Financial planning
ING has expanded its product team to fast track the development of planned new products based principally around its OneAnswer master trust offering....
Financial planning
Ausbil Dexia and Tyndall Investment Management have replaced Investors Mutual and Schroder Investment Management Australia on OptiMix Investment Management’s panel of Aus...
Funds management
Lonsec is the first researcher to reinstate an ‘investment grade’ rating for Colonial First State’s (CFS) Australian property funds following the recruitment of two more ...
Funds management
Research house Morningstar has not lifted its ‘avoid’ rating on Colonial First States’ global property securities fund, despite the Commonwealth Bank-owned fund manager a...
People & Products
Prime Minister John Howard has announced the make-up of his new government ministry, prompted by the retirement of former Defence Minister and Leader of the Government in...
Financial planning
IWL-owned research house InvestorWeb, Melbourne-based research house Lonsec and platform provider Navigator have extracted replacement funds analysts from what various in...
Financial planning
Boutique dealer group AAA Financial Group (AAAFG) has expanded its head count to 80 advisers nationally from 10 at the start of the year, and is preparing to launch a mor...
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MARKET INSIGHTS
Podcast
This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...
Interesting. Would be good to know the details of the StrategyOne deal....
It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...