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Showing 1521 - 1530 of 9279 results for "wealth"

ClearView reset pays dividends

KARREN VERGARA  |  WEDNESDAY, 23 AUG 2023
... to deliver benefits and growth through efficiencies, productivity gains and scale benefits. The full divestment of the wealth management business is still underway. In February, ClearView announced it will sell ClearView Financial Management to Human ...

Bravura hires global head of product

CASSANDRA BALDINI  |  WEDNESDAY, 23 AUG 2023
... Johnson will lead Bravura's global product team and work on simplifying and unifying its suite of products throughout the wealth value chain, with a focus on creating repeatable, scalable, and easily integrated solutions, Bravura said. The group explained ...

Centrepoint names new chair, borrows $10m for M&A

CASSANDRA BALDINI  |  WEDNESDAY, 23 AUG 2023
... head of the table, Alan Fisher is stepping down as chair of Centrepoint Alliance. He will be replaced by former ClearView Wealth chief executive Simon Swanson, effective immediately. It comes as the group receives indicative approval from NAB for a debt ...

Munich Re targets AMP over alleged reinsurance misconduct

ANDREW MCKEAN  |  WEDNESDAY, 23 AUG 2023
... cover 60% of the AMP Life retail portfolio in 2017. This enabled AMP to release around $500 million in capital from its wealth protection business. At the time, former AMP chief executive Craig Meller noted that reinsurance strategies were crucial to ...

Qualitas scores another $700m from ADIA

CHLOE WALKER  |  TUESDAY, 22 AUG 2023
... secured a second commitment from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA). The sovereign wealth fund will now invest a total of $1.4 billion in the Qualitas Diversified Credit Investments (QDCI) fund following its initial ...

Foresters Financial launches tax-effective education bond

ANDREW MCKEAN  |  MONDAY, 21 AUG 2023
... ways it can be used and the flexibility it provides, including tax benefits, estate planning and generational transfer of wealth capabilities." "Families can access funds at any time and can use it to claim anything associated with education. Whether ...

Frontier adds two consultants

ELIZABETH FRY  |  FRIDAY, 18 AUG 2023
... range of asset classes including fixed interest, property, infrastructure and multi-asset. Before that, he worked at KRA Wealth Management as a financial adviser providing strategic advice across investments, superannuation, insurance, and retirement ...

Norway's sovereign wealth fund returns 10%

ANDREW MCKEAN  |  THURSDAY, 17 AUG 2023
Norway's $1.4 trillion Government Pension Fund Global returned 10% in the first half, equivalent to $343 billion. Norges Bank Investment Management reported a $13.7% return on equity investments for the first half of 2023, while fixed income yielded ...

Former iShares lead joins Stake

CHLOE WALKER  |  THURSDAY, 17 AUG 2023
Former BlackRock iShares head Jon Howie will become Stake's new chief commercial officer, charged with driving new wealth creation opportunities for investors. Howie brings over 20 years of experience in financial services to the role, most recently ...

Global wealth to rise 38% by 2027: Report

CHLOE WALKER  |  THURSDAY, 17 AUG 2023
Despite a decline in aggregate global wealth last year, UBS and Credit Suisse predict an upward trend over the next five years, reaching close to $979 trillion by 2027. The 14th edition of Credit Suisse's Global Wealth Report, now jointly launched with ...