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Showing 101 - 110 of 174 results for "Investments business"

Perpetual investments drives profit boost despite market conditions

ALEX BURKE  |  THURSDAY, 22 FEB 2018
... net profit after tax in the six months to 31 December 2017 - up to $68.1 million - largely driven by its investments business. Perpetual Investments delivered a before-tax profit of $58.1 million, which was slightly down on the previous half-year. Perpetual ...

Advisers flock to IOOF

JAMIE WILLIAMSON  |  WEDNESDAY, 31 JAN 2018
... corresponding period. Even greater growth is expected for IOOF when it takes over ANZ Wealth's pension and investments business and four aligned dealer groups. As announced in October 2017, IOOF acquired the assets for $975 million. Dealer groups RI ...

Zurich hires IOOF executive for new role

JAMIE WILLIAMSON  |  TUESDAY, 30 JAN 2018
The group head of research and portfolio construction at IOOF will join Zurich's Life and Investments business in March for a newly created executive role. As head of savings and investments at Zurich, Matthew Drennan will be responsible for the development ...

ANZ sells life insurance business for $2.85 billion

ALEX BURKE  |  TUESDAY, 12 DEC 2017
... transition." The "simplification" George mentioned refers to ANZ's previous divestment of its OnePath pension and investments business, along with four aligned dealer groups, to IOOF, as announced in October. IOOF said the acquisitions will position ...

Elders continues impressive growth run

JAMIE WILLIAMSON  |  MONDAY, 20 NOV 2017
... its broader sales agreement with ANZ Wealth to purchase its aligned dealer groups and OnePath pension and investments business. Elders FP has expanded rapidly in recent years, having welcomed its 20th practice just last month. Directional Financial Planning ...

ANZ splits OnePath businesses, revamps life insurance team

KARREN VERGARA  |  TUESDAY, 17 OCT 2017
... investment products to ANZ customers. OnePath provides wealth, insurance and advice solutions - its pension and investments business has $48 billion in funds under management. IOOF will also acquire the following platform and products: advised (retail) ...

Morningstar Australasia managing director departs

JAMIE WILLIAMSON  |  THURSDAY, 3 AUG 2017
... up the role of managing director Americas for Colonial First State Global Asset Management's First State Investments business. Morningstar chief executive Kunal Kapoor thanked Brilliant for her contribution to the business over the years, saying she ...

Nikko AM hire targets innovation

JAMIE WILLIAMSON  |  WEDNESDAY, 29 MAR 2017
... optimistic about our future. " Most recently, Koster was the director of strategic research for Mercer's investments business in the Pacific region and has also previously worked as an investment consultant for London-based Lane Clark & Peacock and Sanlam ...

Perpetual awards global equity mandates

ALEX BURKE  |  TUESDAY, 15 NOV 2016
... Mewhinney & Strauss (BHMS) and Carnegie Asset Management (Carnegie) will manage assets for Perpetual Private's investments business. BHMS' global equity strategy has a value style and a fundamental bottom-up approach; Carnegie manages a high conviction ...

Zurich establishes risk specialist team

KERRIE SYDEE  |  MONDAY, 8 AUG 2016
... national sales and strategic manager Andy Marshall has left Zurich. Head of distribution for Zurich's life and investments business, Kristine Brooks said the establishment of the team will allow Zurich to build on its licensee support proposition through ...