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Showing 211 - 220 of 616 results for "Wealth manager"

UBS makes private wealth strategy shift

ALLY SELBY  |  MONDAY, 14 SEP 2020
... announced a shift within its $3.6 trillion (US$2.6 trillion) global wealth management business, set to see the wealth manager advise private clients to invest in sustainable assets over more traditional solutions. UBS claims it is the first major global ...

La Trobe launches new loan suite

ALLY SELBY  |  WEDNESDAY, 2 SEP 2020
Diversified wealth manager La Trobe Financial has launched a suite of a new loan products, which it says will help better meet shifting consumer needs in the wake of the COVID-19 pandemic. La Trobe has launched three new products: an Everyday Heroes ...

AMP reviews business units

ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
... group's assets and businesses, in the first major move by newly appointed chair Debra Hazelton. The embattled wealth manager said its board remains committed to AMP's transformation strategy and is confident that the review will deliver long-term ...

COVID-19 propels advisers, incumbents into the future

ALLY SELBY  |  MONDAY, 31 AUG 2020
New global research reveals the COVID-19 pandemic has squeezed years of digital transformation into less than two months, but finds that partnerships, innovation and agility will be key for both advisers and institutions to survive and thrive going ...

IOOF posts profit, restructures business

ELIZA BAVIN  |  MONDAY, 31 AUG 2020
... mindset of the people. We have been able to attract and retail people who are specialists in wealth management." The wealth manager incurred $31 million of integration and separation costs from the integration and separation of the P&I business mainly ...

IOOF buys MLC Wealth for $1.4bn

ELIZA BAVIN  |  MONDAY, 31 AUG 2020
Wealth manager IOOF has launched a $1 billion capital raising to help fund the acquisition of MLC Wealth in a deal worth $1.4 billion. The agreement follows the announcement by NAB in 2018 to exit the business, saying the decision is in line with its ...

AMP Capital's door keeps revolving

ANNABELLE DICKSON  |  FRIDAY, 28 AUG 2020
... for a new role outside the business. After a decade with the company, Graham has chosen to leave the embattled wealth manager but will stay with the business until January 2021 to allow for a smooth handover period. He joined AMP Capital as chief economist ...

New chair at Platinum Asset Management

KANIKA SOOD  |  TUESDAY, 18 AUG 2020
... Investment Management, Citigroup Asset Management and BT Financial Group. He is currently also the chair of local wealth manager First Samuel. "An important discipline in any company is planning for the transition at both management and board levels. ...

Ponzi scheme allegations levelled at Mayfair 101

ELIZABETH MCARTHUR  |  TUESDAY, 18 AUG 2020
... documents, ASIC alleged that Mayfair 101's launch of Australian Property Bonds was a last ditch effort by the embattled wealth manager to set up a Ponzi-like scheme. ASIC expressed concerns that Mayfair 101 founder and managing director James Mawhinney's ...

Wealthy Aussies panic buy life insurance

ANNABELLE DICKSON  |  MONDAY, 17 AUG 2020
High net worth investors have resorted to panic buying life insurance products as a result of the COVID-19 pandemic despite low trust in the providers, according to the latest research from GlobalData. The analytics and data firm's 2020 Global Wealth ...