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Investment

MLC stars in NAB $4.2bn profit

BY RUTH LIEW | WEDNESDAY, 27 OCT 2010 12:20PM

NAB's acquisition of Aviva, double digit insurance premiums growth and improved investment markets have helped MLC and NAB Wealth become key contributors to the bank's $4.2 billion net profit this year.

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Editor's Choice

Treasury responds to Debelle's review into the AOFM

KARREN VERGARA

Treasury has responded to the Guy Debelle-led review into the Australian Office of Financial Management (AOFM), agreeing to all six recommendations.

Bravura ups guidance, reports earnings increase

RIDDHIMA TALWANI

Bravura Solutions informed investors cost discipline will protect its full year earnings result after a client migrated to a Business Process Outsourcing (BPO) early in the year.

MaxCap hires from Vanguard, AustralianSuper

MATTHEW WAI

MaxCap has welcomed two senior directors, including a portfolio manager from Australia's largest super fund, reporting to the recently named chief executive Kylie Robb.

Zenith snags mandate from Granite Bay

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Granite Bay Private Wealth has selected Zenith Investment Partners to support their investment governance and due diligence.

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