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Showing 1771 - 1780 of 6679 results for "Sale"

Chief economist update: Tweeting Trump versus totalitarian Xi

BENJAMIN ONG  |  TUESDAY, 20 AUG 2019
US president Donald Trump is envious of Chinese president Xi Jinping. Perhaps it's P-envy (I don't have to spell the word, my head will be summarily chopped off), but US President Trump admitted as much about a year and half ago and before he ...

Chief economist update: Will Australia avoid another global recession?

BENJAMIN ONG  |  FRIDAY, 16 AUG 2019
A recession is coming! Worries over a global recession are everywhere! Financial market investors are seeking safety - exiting equity markets and queuing to purchase longer-term bonds (despite their low, and in some, negative yields); the US dollar ...

NEOS Life partners with insurance tech firm

KARREN VERGARA  |  WEDNESDAY, 14 AUG 2019
NEOS Life has partnered with a global software firm to support its underwriting, sales and administration functions. NASDAQ-listed Ebix has deployed several functionalities for the start-up in just nine months. This includes implementing an adviser ...

Fidante loses $3.9bn of super fund assets

KARREN VERGARA  |  TUESDAY, 13 AUG 2019
Challenger subsidiary Fidante has lost $3.9 billion in funds under management at the expense of superannuation funds increasingly internalising their investment strategies. In releasing its June financial year results this morning, Challenger flagged ...

New distribution head for listed platform

ELIZABETH MCARTHUR  |  MONDAY, 12 AUG 2019
Xplore Wealth announced the appointment of a new head of distribution and marketing. Anne Hamieh steps into the role, which has been empty since Tony Nejasmic departed for Lonsec in June. Hamieh was most recently intermediary sales manager at Vanguard ...

AMP profits dive, chief pay restructured

ELIZABETH MCARTHUR  |  THURSDAY, 8 AUG 2019
... of client registers. The AMP board decided not to declare an interim 2019 dividend - at least until the completion of the sale of AMP Life. AMP Life earnings of $31 million were down 69% on 1H 2018 which the company puts down to the Protecting Your Super ...

AMP announces new strategy, capital raise

JAMIE WILLIAMSON  |  THURSDAY, 8 AUG 2019
... existing issued capital. The raise is anticipated to be complete by mid-September. "The capital raising and the AMP Life sale will provide the funds to implement immediately our new transformational strategy, which creates a simpler, higher-growth and ...

Nikko insto sales lead joins $53bn manager

HARRISON WORLEY  |  WEDNESDAY, 7 AUG 2019
A $53 billion global asset manager will welcome Nikko Asset Management's head of Australian distribution to lead its new local office. Eddy Schipper will join Epoch Investment Partners as managing director, in a newly created role encompassing client ...

Financial Wisdom to shut down

JAMIE WILLIAMSON  |  WEDNESDAY, 7 AUG 2019
... another licensee. In doing so, Commonwealth Bank will have exited all of its aligned advice businesses, having announced the sale of Count Financial to CountPlus in June. As at August 1, there was 317 advisers licensed by Financial Wisdom. The bank intends ...

Sequoia acquires dealer group

JAMIE WILLIAMSON  |  TUESDAY, 6 AUG 2019
... executive Garry Crole said the acquisition will provide Sequoia with further scale in the advice marketplace. Commenting on the sale, Euvrard said: "Our business was highly sought after and I wanted to ensure our advisers will be a part of a quality ...