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Showing 1 - 10 of 100+ results for "AMP"

AMP wants life insurance caps raised, fees lowered

CASSANDRA BALDINI  |  MONDAY, 27 JUN 2022
AMP has called for the federal government to review life insurance model fees and caps placed on financial advisers, warning the current climate will lead to an underinsured population. The wealth manager picked at old wounds in its submission to the ...

Corporate fund to join Australian Retirement Trust

JAMIE WILLIAMSON  |  MONDAY, 27 JUN 2022
... news of the Woolworths mandate came to light in May when it was revealed the supermarket giant had ended its mandate with AMP. In the first half of next year the mandate, which is currently around $4 billion, will transition to Australian Retirement ...

AMP Capital fund manager resigns

CHLOE WALKER  |  MONDAY, 27 JUN 2022
Kit Georgeos has announced her departure from the AMP Capital Wholesale Office Fund, effective later this year. Georgeos joined AMP in 2019 as a fund manager for the unlisted $8 billion wholesale office fund, which owns 12 prime office towers in Sydney ...

AMP appoints new board member

ANDREW MCKEAN  |  MONDAY, 27 JUN 2022
AMP has announced the appointment of financial services executive Andrew Best as an independent, non-executive director, effective 1 July 2022. Best brings more than three decades of international and domestic experience across investment banking and ...

Apollo secures Hostplus mandate

ANDREW MCKEAN  |  FRIDAY, 24 JUN 2022
Apollo Global Management has entered a strategic partnership with Hostplus to launch an Asia Pacific credit strategy. The new credit strategy launches with US$1.25 billion in assets, following an inaugural raise that included a $500 million anchor commitment ...

Bravura to welcome new chief executive

JAMIE WILLIAMSON  |  THURSDAY, 23 JUN 2022
A former director of corporate superannuation at AMP will take over as chief executive and managing director of Bravura Solutions. After 15 years with the company, Nick Parsons will step down as chief executive. On his decision, he said: "During my ...

Resolution Life builds out Australasian leadership

JAMIE WILLIAMSON  |  TUESDAY, 21 JUN 2022
... performance. He was previously chief human resources officer and chief of staff and joined the business as part of the acquisition of AMP Life. "I am delighted to announce Paul in the chief customer and operating officer role. Paul has made an incredible ...

University of Melbourne launches investment funds

CHLOE WALKER  |  TUESDAY, 21 JUN 2022
The University of Melbourne has established two new major investment funds, in partnership with Breakthrough Victoria and Tanarra Capital. The $115 million investment funds are dedicated to supporting Melbourne's researchers to turn their discoveries ...

Fair Work Commission raises minimum wage 5.2%

CASSANDRA BALDINI  |  WEDNESDAY, 15 JUN 2022
... driven by higher petrol prices and sharp increases in the cost of new dwellings." On today's move by the Fair Work Commission, AMP senior economist Diana Mousina said: "The fall in real wages which is currently at its lowest level could be boosted by ...

AMP bolsters managed portfolios offering

JAMIE WILLIAMSON  |  FRIDAY, 10 JUN 2022
AMP is responding to increased demand for managed account solutions, expanding North's offering as assets under management surpass $5 billion. The proportion of North's AUM held in managed portfolios has increased more than 140% in the past 12 months ...
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