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Showing 1811 - 1820 of 6679 results for "Sale"

Clime ramps up private wealth

KANIKA SOOD  |  TUESDAY, 2 JUL 2019
... ASX-listed business has about $10 million on its balance sheet and is willing to acquire advice businesses that come up for sale. "In terms of acquisitions, so far we have built our private wealth business organically. We wouldn't rule out an acquisition ...

AMP Life appoints temporary investment chief

KANIKA SOOD  |  MONDAY, 1 JUL 2019
... Life said. AMP is currently in the process of offloading its life business to UK-based Resolution Life in a $3.3 billion sale that is expected to complete in the second half of this year and is subject to regulatory approvals. AMP said its goal was to ...

Nikko AM names new distribution head

HARRISON WORLEY  |  MONDAY, 1 JUL 2019
Nikko Asset Management has looked within to find its new head of distribution for Australia. The $11 billion asset manager has promoted current head of wholesale sales Rob Bluzmanis to head of distribution for Australia, effective immediately. Bluzmanis ...

IOOF divests Ord Minnett stake

KARREN VERGARA  |  THURSDAY, 27 JUN 2019
... and has been successfully led by its board and management, under IOOF and J.P. Morgan ownership, for over a decade." The sale is due to finalise on September 24.

ASIC product intervention to commence

JAMIE WILLIAMSON  |  THURSDAY, 27 JUN 2019
... consumers. The powers would see ASIC handed the ability to temporarily ban individual products, product features, impose sale restrictions, and amend product information or choice architecture. Initial actions can last up to 18 months, though may be ...

MetLife, AFA call for more diversity in advice

ELIZABETH MCARTHUR  |  THURSDAY, 27 JUN 2019
MetLife and the Association of Financial Advisers (AFA) launched the MetLife Progress: Professional Development Grant for Women. MetLife Progress is aimed at creating greater gender diversity in the financial advice industry by helping women achieve ...

OnePath awards $210m in mandates

KANIKA SOOD  |  WEDNESDAY, 26 JUN 2019
... with a May update saying if any conditions of the transfer are not met by October 17, either ANZ and IOOF can call off the sale. ANZ also sold the OnePath life insurance business to Zurich which completed earlier this month..

Franklin Templeton names institutional business director

KARREN VERGARA  |  MONDAY, 24 JUN 2019
Franklin Templeton Australia has welcomed a senior director of institutional business. Matthew Jackson has commenced in the newly created role for the fund manager, which has more than $922.4 billion in assets under management globally. Sydney-based ...

Fund manager insto lead exits

JAMIE WILLIAMSON  |  FRIDAY, 21 JUN 2019
The head of institutional at a $5 billion hedge fund manager has departed. Ellerston Capital has confirmed the departure of head of institutional sales and client relations Melinda Carter. Carter served in the role for just over 12 months, having joined ...

Commonwealth Bank mulls retail advice business sale

KANIKA SOOD  |  FRIDAY, 21 JUN 2019
Commonwealth Bank is reviewing options for its CommSec Advisory business, including a potential sale. "As part of our focus on becoming a simpler, better bank, we are currently reviewing a number of options for CommSec's retail financial advice ...