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Showing 1121 - 1130 of 4190 results for "Amp"

Wealth manager takes massive profit hit

ELIZA BAVIN  |  FRIDAY, 31 JUL 2020
A global pandemic and subsequent market volatility have hit wealth manager AMP, taking a near 50% profit hit compared to the same period last year. AMP provided an update on its 2020 interim operating earnings to the ASX, citing the impact from market ...

Sydney boutique expands team

KANIKA SOOD  |  THURSDAY, 30 JUL 2020
A global equities boutique started by Evans & Partners' former head of international equities has added two members to its investment team. Aoris Investment Management was established by Stephen Arnold in 2017. It runs a concentrated portfolio of ...

HUB24 awards super trustee mandate

KANIKA SOOD  |  THURSDAY, 30 JUL 2020
... entities, alongside Equity Trustees Superannuation Limited (ETFL). Earlier this month, Equity Trustees won the mandate for AMP Life's superannuation funds after its sale to Resolution Life. It included 340,000 members and about $7 billion and was previously ...

Gold rally continues to hit new highs

ALLY SELBY  |  THURSDAY, 30 JUL 2020
Both AMP Capital's Shane Oliver and Saxo Capital Markets' Eleanor Creagh believe there is further upside for gold, as investors desperate for an inflationary hedge send prices soaring higher. Futures contracts for gold hit all-time highs on Monday ...

Advisers file class action against AMP

JAMIE WILLIAMSON  |  WEDNESDAY, 29 JUL 2020
A class action has been filed against AMP by its own advisers in relation to the institution's decision to slash Buyer of Last Resort valuations last year. Almost one year on from the news BOLR valuations would be cut from 4x recurring revenue to ...

ASIC terminates illegal investment scheme

ALLY SELBY  |  WEDNESDAY, 29 JUL 2020
The Federal Court has taken action to dissolve an unregistered investment scheme operated by a former AMP authorised representative. MyWealth Manager was operated by Mustafa Mohammed, along with Mahek Mustafa, Mubashir Mohammed. The scheme related to ...

Australian Ethical adds to executive team

ELIZA BAVIN  |  MONDAY, 27 JUL 2020
... chief marketing officer at SocietyOne, chief marketing officer at OFX (formerly OzForex) and lead marketing roles with Virgin, AMP and Optus. In her new role Loyez will be responsible for delivering a compelling member experience and enhancing a customer-first ...

Diversity screening option launched

ANNABELLE DICKSON  |  MONDAY, 27 JUL 2020
... wealth manager introduced the screen off the back of diversity issues that have emerged in the last few months, specifically AMP's lack of gender diversity on its board and management committee and its decision to appoint an executive with a verbal sexual ...

AMP Capital revamps leadership team

JAMIE WILLIAMSON  |  WEDNESDAY, 22 JUL 2020
AMP Capital has announced a raft of changes to its leadership team, including several departures, as it looks to drive its next phase of growth. The fund manager has expanded its leadership team to ensure representation of both clients and investment ...

Almost 2000 advisers gone so far in 2020

ELIZABETH MCARTHUR  |  TUESDAY, 21 JUL 2020
... advisers who have left the industry may be even higher, as some new entrants were added to the ASIC FAR in the same period. AMP Financial Planning lost the most advisers, with 153 leaving the licensee. AMPFP now has 1011 financial advisers remaining ...