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Showing 151 - 160 of 160 results for "Australian Wealth Management"

Green light for Tower Australian Wealth Management spinoff

AAP  |  FRIDAY, 4 FEB 2005
... Zealand yesterday gave final orders approving the arrangement plan for the separation of Tower Ltd's Australian Wealth Management businesses, as detailed in the scheme book, which was put to and approved by the company's shareholders on January 25. Tower ...

Tower shareholders give nod to spin off wealth management arm

AAP  |  THURSDAY, 27 JAN 2005
... Shareholders of New Zealand-based financial services company Tower Ltd today voted to spin off its Australian Wealth Management (AWM) division into a new company. Tower chairman Olaf O'Duill told shareholders that the spin-off would provide better focus ...

Tower back in profit

... per cent growth, while Tower Australia's assets under management now stand at NZ$3 billion. Tower's Australian Wealth Management performed strongly with Bridges and Tower Trust raising their funds under management by 18 and 16 per cent respectively. ...

Tower to merge New Zealand businesses, seeks new CEO

AAP  |  WEDNESDAY, 22 SEP 2004
... the new role is expected to take several months. Last week Tower announced plans to spin off its Australian wealth management business and list it on the Australian stock exchange. Shares in the company were down 1c at $2.24 in mid-morning trading to ...

S&P says Tower ratings not immediately affected by spinoff news

AAP  |  WEDNESDAY, 15 SEP 2004
... Australia, are not immediately affected by Tower\'s announcement of its proposed separate listing for its Australian wealth management operations. Tower is rated BB-plus/stable/B, while Tower Australia is rated BBB-plus/stable. S&P said details of the ...

Tower says proposing spinning off Aust wealth management bus

AAP  |  TUESDAY, 14 SEP 2004
... moves from a remediation phase into delivering profitable growth, the proposed spin off of Tower\'s Australian Wealth Management business would provide a more focused strategy for both separately listed entities which should enhance shareholder value,\" ...

Bridges chief to step down next month

... been appointed acting chief executive officer. Mr Wren will report to the chief executive of Tower's Australian wealth management operations, Andrew Barnes. Bridges Financial Services, Tower CU Alliance, Tower Trust and Tower Asset Management were all ...

Stronger markets, lower costs drive jump in NAB wealth management earnings

... the new financial licensing regime and other changes to superannuation legislation, NAB said the Australian wealth management had gone through some of its most significant changes this decade. NAB also announced funds under management or administration ...

AMP share price opens lower after Cicutto comments

... deciding whether to make an outright bid. The bank has maintained it has no interest in acquiring AMP's Australian wealth management business until the UK operations are divested. Broking analysts are divided on whether the NAB is cooling towards a potential ...

Hartley's sells margin lending book

... outsourcing business, it was necessary to divest margin lending and both the east coast and west Australian wealth management businesses," said Tony Howarth, Hartley's chief executive officer. "We now look forward to enjoying ongoing supplier relationships ...