Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 91 - 100 of 174 results for "Investments business"

Perpetual reports $140m profit, investments business dips

KANIKA SOOD  |  THURSDAY, 30 AUG 2018
... million for the financial year, as its private wealth and corporate trust units jumped in profits and the investments business dipped. The total NPAT is up 2% over FY17. Perpetual Investments profit before tax was down 3% to $113 million, as the business' ...

Zurich names executive lineup for new business

KANIKA SOOD  |  WEDNESDAY, 8 AUG 2018
Zurich has named the executive team that will run its combined Australian life and investments business when its OnePath acquisition completes in early 2019. Long-time Zurich executive Tim Bailey will be the combined business' chief executive officer. ...

CBA readies wealth demerger, records $9.2bn cash profit

DARREN SNYDER  |  WEDNESDAY, 8 AUG 2018
... Wisdom and Aussie Home Loans. CFSGAM recorded net outflows of more than $25 billion, while the CFS super and investments business saw net inflows of more than $2 billion. As at June 30, CFSGAM managed about $213 billion in assets; meanwhile CFS super ...

IOOF continues organic growth trajectory

JAMIE WILLIAMSON  |  TUESDAY, 7 AUG 2018
... largest compensation trust provider in the nation. Kelaher added that the addition of ANZ Wealth's pension and investments business will add to this in future and flagged further M&A activity to come, saying: "There's certainly more to come in this space ...

Pengana hires distribution lead from NAB

KANIKA SOOD  |  THURSDAY, 19 JUL 2018
... platforms. Prior to this, was a NAB Asset Management investment specialist. He has also worked as Perpetual Investments business development manager. Guerin will be based in Sydney. Pengana's emerging company's strategy was the fifth-highest ...

BTFG adviser distribution team reshuffles

DARREN SNYDER  |  THURSDAY, 21 JUN 2018
... is proposing further changes inside its adviser distribution function which sits within the platforms and investments business. "As part of these changes, we are proposing to move insurance distribution into the insurance business, as we focus on the ...

Zurich seeks new investment chief

JAMIE WILLIAMSON  |  TUESDAY, 5 JUN 2018
... research and portfolio construction Matthew Drennan as head of savings and investments in its wealth and investments business. In the newly created role, Drennan is responsible for developing and driving the firm's investment strategy in Australi ...

TCorp investment operations boss departs in leadership restructure

ALEX BURKE  |  THURSDAY, 17 MAY 2018
... unique risk and return needs," TCorp chief investment officer Stewart Brentnall said. "Restructuring our investments business will ensure we have the right skills, capability and talent in place to effectively execute our strategic goal," he said.

ANZ, NAB bottom lines take a hit

KARREN VERGARA  |  TUESDAY, 24 APR 2018
ANZ and NAB painted a bleak profitability outlook for shareholders, flagging massive losses ahead of their 2018 half-year reporting period in early May. ANZ will incur a loss of $632 million from the sale of its life insurance, and pensions and investments ...

Zurich hires risk strategy specialist, retains OnePath brand

KARREN VERGARA  |  TUESDAY, 20 MAR 2018
... Bailey said. Meanwhile, Adam Crabbe joins the life insurer as a risk strategy specialist for the life and investments business. Crabbe's 25 years of experience spans risk, financial advice and academia. He was a senior analyst of risk research at CBA ...