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AMP flags recovery, profit jumps

KARREN VERGARA  |  THURSDAY, 12 AUG 2021
... the banking Royal Commission and a series of controversies that emanated internally. Reparation of the brand damage is her top priority, as is finalising the demerger. "We'll be continuing to work on rebuilding confidence and trust in our brand ...

Fidelity nabs ESG expert from HESTA

ELIZABETH MCARTHUR  |  THURSDAY, 12 AUG 2021
... Australasia (RIAA) and has also served as a member of the PRI Stewardship Advisory Committee. Tan added: "ESG continues to be a top priority at Fidelity. Building out the capability and coverage of our global sustainable investing team both here in APAC ...

Delta to impact real estate market: Analysis

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 AUG 2021
... work-from-home protocols unlikely to go away any time soon, inner city real estate could be looking a lot less appealing. "The top performing markets over the past year were Byron Bay and Sunshine Beach, but it's worth noting that markets such as Orange ...

New chief executive for JPMAM

ELIZABETH MCARTHUR  |  TUESDAY, 10 AUG 2021
... Australia and New Zealand. Andrew Creber, who has been with J.P. Morgan for more than 15 years, has been selected for the top job in the region. He was most recently in J.P. Morgan's Singapore office as deputy chief administration officer for Asia Pacific. ...

New retail investors go digital

ANNABELLE DICKSON  |  TUESDAY, 10 AUG 2021
... exuberance for relatively volatile digital assets, our research shows diversification and long-term investing are investors' top cited reasons for holding cryptocurrencies - rather than speculative purposes." Guiamatsia noted newer online trading platforms ...

Clime ousts Schafer

KARREN VERGARA  |  MONDAY, 9 AUG 2021
... shareholders by pursuing ethical and effective corporate governance," Schafer wrote. His removal follows a number of changes at the top level, which included former chief executive Rod Bristow leaving to take a break for a few months. Bristow is now ...

Custody assets reach new heights

ANNABELLE DICKSON  |  FRIDAY, 6 AUG 2021
... ambitions of our clients," J.P. Morgan Australia and New Zealand head of securities services Nadia Schiavon said. Rounding out the top five were NAB Asset Servicing which surged 7.1% ($576.8 billion) and State Street which saw substantial growth of 18.2% ...

Top franked stock picks: Morningstar

ELIZABETH MCARTHUR  |  FRIDAY, 6 AUG 2021
... for Australian resident taxpayers." Taking into account these franking credits, Morningstar released its shortlist of the top 10 equities for income. The stocks are Aurizon Holdings, Perpetual, Link Group, GWA Group, Westpac, APA Group, Telstra, Magellan ...

Netwealth integrates with fintech

KARREN VERGARA  |  FRIDAY, 6 AUG 2021
Newly launched financial advice software ProductRex has partnered with Netwealth. Advisers using the app are able to import data from Netwealth's platform into their ProductRex account. ProductRex managing director Nick Topham said the partnership ...

Super fund member meetings under the spotlight

KARREN VERGARA  |  FRIDAY, 6 AUG 2021
Superannuation funds need to lift their game when it comes to annual member meetings as ASIC found that many should be giving members a better opportunity to have their voices heard. While the the corporate regulator did not identify significant failures ...