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Showing 1141 - 1150 of 2816 results for "Division"

Diversa fuels OneVue fund services boost

ALEX BURKE  |  MONDAY, 27 FEB 2017
OneVue's acquisitions of Diversa and OneVue Super Services played a key role in boosting revenue in the group's fund services business by 86% to $8.5 million in the six months to 31 December 2016. OneVue said this represents a $3.9m increase in revenues ...

Centrepoint growing wealth business

KARREN VERGARA  |  MONDAY, 27 FEB 2017
... December half-year results for financial advice group Centrepoint Alliance were buoyed by the performance of its wealth division and the sale of its premium funding business. The ASX-listed company's wealth segment reported a 29% EBITDA increase on the ...

Padua founder takes on new role

ALEX BURKE  |  WEDNESDAY, 22 FEB 2017
... following the huge success we've been able to achieve over the past three years. In the past year alone, our paraplanning division doubled its revenue, our transition management division managed over 600 client transitions, and our technology division ...

AMP super trust adds $450m corporate fund

ALEX BURKE  |  MONDAY, 20 FEB 2017
... corporate product in Australia and AMP SignatureSuper as the top-rated pension product." Cashflows in AMP's wealth management division, including its corporate super business, took a substantial hit in FY16. The group reported net flows of $336 million ...

CBA records $4.9bn half-year profit

DARREN SNYDER  |  WEDNESDAY, 15 FEB 2017
... recorded a $249 million profit in the second half of 2016, up 6% on the first six months of the calendar year. The wealth division was a small contributor to CBA's overall net profit after tax of $4.9 billion in the six months to 31 December 2016, also ...

ANZ appoints wealth CIO

JAMIE WILLIAMSON  |  MONDAY, 13 FEB 2017
ANZ named the man to take over the reins as chief investment officer for its Wealth Australia division. Mark Rider, currently head of investment strategy and asset allocation, will step into the role as of 10 March 2017. Rider succeeds Stewart Brentnall ...

Asset manager appoints Aussie distribution head

JAMIE WILLIAMSON  |  MONDAY, 13 FEB 2017
... this she held positions with Aberdeen Asset Management and Credit Suisse, and has also worked in the investment banking division of J.P. Morgan. CQS chief executive and founder Sir Michael Hintze said the firm, which is domiciled in London, is delighted ...

Perpetual hires former Count CEO

ALEX BURKE  |  FRIDAY, 10 FEB 2017
... Lambert in 1980. Prior to that, he was general manager of strategic development in Commonwealth Bank's wealth management division and chief operating officer for Neuberger Berman's hedge fund business. He has also held roles at Goldman Sachs, JP Morgan ...

Suncorp begins life business optimisation

DARREN SNYDER  |  THURSDAY, 9 FEB 2017
... and expense claims experience will continue to be impacted by volatile industry trends." Suncorp's banking and wealth division delivered a $208 million profit which reflected improved operating expenses and strong credit quality. Overall the business ...

AMP cops short-term pain

JAMIE WILLIAMSON  |  THURSDAY, 9 FEB 2017
... took a hit in 2016 as its adviser network felt the impact of legislative reform. Cashflows in to the wealth management division were impacted by regulatory uncertainty which caused investors to be wary of contributing additional funds to superannuation ...