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Whitten leaves Prudential

Prudential Portfolio Managers restructures.

Sunday, January 25th 1998, 12:00AM

by Philip Macalister

In two unrelated moves Prudential Portfolio Managers has lost its chief investment officer and the group has decided to restructure the company.
Prudential says Greg Whitten has decided to leave PPM, based in Sydney, and return to New Zealand for personal reasons.
Whitten moved from Wellington to Sydney in 1997 when the company merged its New Zealand investment operation with its Australian one.
In the restructuring PPM is being split into three separate investment teams, concentrating on equities, fixed interest and property.

Warwick Johnson has been appointed director of equities and Dave Fishwick is the new director of fixed interest.
The pair will become directors of PPM and members of the PPM executive team.
Johnson is a new appointment coming to PPM from HSBC Asset Management in Toyko where he was head of investments and director for the Asia Pacific region.
PPM plan to further strengthen its investment team in the next few months.
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AIA - Back My Build 5.94 - - -
AIA - Go Home Loans 8.49 6.35 5.79 5.79
ANZ 8.39 ▼6.79 ▼6.29 ▼6.29
ANZ Blueprint to Build 7.39 - - -
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ASB Better Homes Top Up - - - 1.00
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BNZ - Mortgage One 8.44 - - -
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BNZ - Std 8.44 6.45 5.89 5.79
BNZ - TotalMoney 8.44 - - -
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CFML Home Loans 6.95 - - -
CFML Prime Loans 8.75 - - -
CFML Standard Loans 9.70 - - -
China Construction Bank - 7.09 6.75 6.49
China Construction Bank Special - - - -
Co-operative Bank - First Home Special - 6.15 - -
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Co-operative Bank - Owner Occ 8.15 6.35 5.79 5.69
Co-operative Bank - Standard 8.15 6.85 6.29 6.19
Credit Union Auckland 7.70 - - -
First Credit Union Special - ▼6.60 ▼6.10 -
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Heartland Bank - Online 7.99 6.69 6.35 6.15
Heartland Bank - Reverse Mortgage - - - -
Heretaunga Building Society 8.90 7.00 6.50 -
ICBC 7.85 6.45 5.99 5.89
Kainga Ora 8.39 7.05 6.59 6.49
Kainga Ora - First Home Buyer Special - - - -
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Kiwibank 8.25 7.19 6.69 6.59
Kiwibank - Offset 8.25 - - -
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Liberty 8.59 8.69 8.79 8.94
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SBS FirstHome Combo 5.94 ▼5.45 - -
SBS FirstHome Combo - - - -
SBS Unwind reverse equity 9.95 - - -
TSB Bank 9.19 ▼7.09 ▼6.59 ▼6.59
TSB Special 8.39 ▼6.29 ▼5.79 ▼5.79
Unity 8.64 ▼6.29 ▼5.79 -
Unity First Home Buyer special - 6.20 - -
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Westpac Special - 6.29 5.79 5.79
Median 8.44 6.53 6.10 5.79

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