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Showing 101 - 110 of 881 results for "IOOF"

CMC Markets buys ANZ Share Investing

ANNABELLE DICKSON  |  FRIDAY, 17 SEP 2021
... material," ANZ said in a statement. As a part of its simplification strategy, ANZ divested OnePath Pensions & Investments to IOOF last year for $850 million.

Managed accounts surpass $100bn

ANNABELLE DICKSON  |  WEDNESDAY, 15 SEP 2021
... implemented." Around 48 companies submitted their data to the census, including AMP, BT Panorama, HUB24, Implemented Portfolios, IOOF, Macquarie Group, Mason Stevens and Praemium. Praemium chief distribution officer Martin Morris said when managed accounts ...

IOOF awards global equity mandate

KARREN VERGARA  |  THURSDAY, 9 SEP 2021
A Natixis Investment Managers affiliate has won a $125 million global equity mandate from IOOF. Vaughan Nelson Investment Management will oversee the global small and mid-cap (SMID) mandate that is part of IOOF's MultiSeries international shares ...

Antares hires from Dimensional

KANIKA SOOD  |  MONDAY, 30 AUG 2021
... fixed income while about $5.5 billion was in Australian equities. It is owned by MLC Asset Management, which is now owned by IOOF. A spokesperson for Dimensional said Wilson's departure will not have a material impact on the portfolio's management, and ...

IOOF posts $143.5m loss for FY21

KANIKA SOOD  |  THURSDAY, 26 AUG 2021
IOOF reported an underlying net loss after tax of $143.5 million for FY21, as it cleans out legacy arrangements and integrates recent acquisitions. Revenue for the year was $769.9 million (up 31%), of which $69.1 million came from MLC and $700.8 million ...

Consultum chief joins new firm

ELIZABETH MCARTHUR  |  TUESDAY, 24 AUG 2021
The former chief executive of IOOF-aligned Consultum Financial Advisers has found a new role. Joe Botte joined boutique dealer group ASVW Financial Services (ASVWFS) as executive director. "Joe is a very committed and effective executive with an extensive ...

Industry funds to dominate in 2025

KARREN VERGARA  |  TUESDAY, 24 AUG 2021
... retail groups like AMP and BT will remain large players, they aren't growing at the same rate as the biggest NFP funds. "IOOF group, which now includes MLC and ANZ super funds, will challenge this, however, but at this stage they are still separate ...

NAB to buy Citigroup's Australian consumer banking business

KANIKA SOOD  |  TUESDAY, 10 AUG 2021
... transaction includes Citi's private wealth management business. "NAB has recently completed the sale of its MLC Wealth Business to IOOF with its retained wealth businesses focused on servicing high net worth and self-directed segments, through its Private ...

Westpac tops fee-for-no-service misconduct

KARREN VERGARA  |  THURSDAY, 5 AUG 2021
... lowest amount, its bill stood at $4.6 million. ANZ has either paid or offered to pay just shy of $97 million. In October 2018, IOOF Holdings took ownership of ANZ's aligned dealer groups (ADGs) comprising Millennium3 Financial Services, RI Advice ...

Contango appoints two distribution leads

KARREN VERGARA  |  THURSDAY, 5 AUG 2021
... distribution efforts at Totus Capital and QVG Capital. His experience in financial services includes working in firms such as IOOF, BT Financial Group and Ausbil Investment Management. Reporting to Aitken, Fitter has been promoted to head of distribution ...