News Articles for Michael Manford

Three stalwarts of broking share the highs, lows and lessons learned from their careers doing business in resources-rich WA.

Stockbroking firms Canaccord Genuity and Euroz Hartleys have announced a raft of executive changes, including Chris Webster switching firms and Michael Manford taking a new role.

This month's Diggers & Dealers was notable as much for what didn't appear on the official program as what did.

In tough times and good, WA's top dealmakers are always looking for the next opportunity.

A flood of money for goldminers has defined WA's corporate finance market this year, with Canaccord Genuity and Macquarie Capital leading the charge.

Canada-based Canaccord Genuity has struck a deal to acquire underperforming Perth-based stock broker Patersons Securities for about $25 million.

Patersons Securities plans to introduce an employee share scheme to help bolster its net assets by at least $15 million, after posting its third interim loss in succession.

WESTERN Australia's biggest local stockbroker, Patersons Securities, is the latest to reveal it has felt the chill winds from the tough equity markets, recording a loss of more than $5.1 million af

Western Australia's biggest local stockbroker Patersons Securities has felt the chill winds from the tough equity markets, recording a loss of more than $5.1 million after revenue slumped 28 per ce

Patersons Securities has retained top spot in WA Business News' annual survey of capital raisings, followed by Hartleys, Euroz Securities and Macquarie Capital Advisers.

Goldfields Credit Union has announced plans to demutualise and form an alliance with stockbroking firm Patersons Securities ahead of its listing on the ASX.

THE past and the future combined in the present to hit stockbroker Patersons Securities' profitability.

The 2008 Rising Stars Judges

Delivering big returns for investors was made to look easy this year by tungsten developer, Wolf Minerals.

Perth-based stockbroker Patersons Securities Ltd has changed its corporate structure to allow for external investment in the firm after it posted a 2006-07 net profit increase of 82.3 per cent to $9.3 million.

PATERSONS Securities executive chairman Michael Manford has declared the stockbroking firm is not up for sale, following market speculation about a potential deal with the Asia-Pacific arm of French b

The Perth businessmen who race Etchells yachts can't outdo each other by buying bigger boats. Instead, the strict rules imposed on the yacht's dimensions by the Etchells racing body means the skippers compete on skill alone.

The past 12 months have been a boom period for Perth's big stockbroking firms, but the year ended on a sour note for the state's largest broker, Patersons Securities, which has run into compliance problems at its Canberra branch.

BROKING firm Paterson Ord Minnett's national expansion took another step forward this week when Burdett Buckeridge Young's corporate finance team started with the firm in Sydney.

GLOBAL banking group JPMorgan is likely to sell its 50 per cent shareholding in Paterson Ord Minnett unless the local broking firm agrees to merge with Sydney-based Ord Minnett this year.