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| | | ... made clear. Maybe corporate clients will have two relationship managers. The dismantling of nabCapital and the merging of MLC with the private wealth business are the most important outcomes of the strategy review Clyne has been conducting since January. ... |
| | | | National Australia Bank is combining MLC, nab private wealth and nabInvest under one roof, appointing MLC chief executive Steve Tucker as the new head. In a strategy update to investors today, the bank has announced a restructure of its three previously ... |
| | | | MLC has rejigged the firm's global share strategy by replacing Bernstein Value Equities, Alliance Growth Equities and Fortis Investments investment mandates with four new fund managers. Mondrian Investment Partners, Harding Loevner, Sands Capital Management ... |
| | | | ... longer just "traditional" capital guaranteed or balanced option investments. Product providers such as CommInsure, ING, AMP and MLC are increasingly tweaking their products to have access to different asset classes such as Australian equities and small ... |
| | | | ... had substantial weightings in unlisted assets. In contrast, the worst 10 funds including default options from AMP, ASGARD, MLC and BT had high weightings in listed investments. The SelectingSuper data comes ahead of the imminent release of the Australian ... |
| | | | MLC has cut 120 staff across its business but left the firm's investment management division intact. According to a company spokesperson, the staff cuts are part of an overall review of resources in light of bad markets. It is unclear which specific ... |
| | | | ... specialist Patrick Noble. JP Bae joined as a relationship manager within the firm's investment team. Bae previously worked at MLC across a number of investment positions and replaces Matt Vincent who was appointed chief investment officer at Zurich Malaysia. ... |
| | | | ... similar features and benefits. It makes sense to merge them for all concerned to minimise risk and capture efficiencies." MLC also backed the Treasury department's proposal. "MLC welcomes Senator Nick Sherry's Treasury discussion paper on the Government's ... |
| | | | ... totalled $513 billion, down 15.2 per cent or $78.1 billion over the past year. Macquarie, St.George, Colonial First State and MLC were among the worst hit, according to the report. Macquarie's funds under management fell 18.4 per cent or $9 billion for ... |
| | | | ... not to mention online media is cheaper that print or TV advertising. One investments firm that has taken Web 2.0 to heart is MLC, which this year won the Vignette Excellence Awards. After 10 years of using Vignette's imaging and workflow solutions, MLC ... |
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