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Showing 211 - 220 of 1381 results for "franc"

AMP chair faces shareholder ire

KARREN VERGARA  |  FRIDAY, 30 APR 2021
AMP chair Deborah Hazelton has dodged heavy-hitting questions from shareholders who demanded transparency on the firm's failure to reign in chaotic leadership changes and why they are the last to know about significant announcements. Shareholders ...

Fund manager creates lead distribution role

KARREN VERGARA  |  WEDNESDAY, 28 APR 2021
An $18 billion boutique fund manager has hired a head of institutional distribution in a newly created role. Paradice Investment Management has welcomed Stephen Bramley, who was most recently at multi-boutique Pacific Current Group as managing director ...

AMP Capital real estate distribution head departs

ANNABELLE DICKSON  |  FRIDAY, 23 APR 2021
Tim Nation was in the role for over two years and worked closely on the origination and management of transactions in AMP's real estate platform across office, logistics and retail. Prior to this, he was AMP Capital's head of institutional business ...

Pahari to leave AMP amid demerger

JAMIE WILLIAMSON  |  FRIDAY, 23 APR 2021
AMP has confirmed Boe Pahari will leave the business as it pursues a demerger of its Private Markets business, after plans to sell to Ares Management fell through. AMP will demerge its $50 billion Private Markets business from AMP Limited and list it ...

Inflows slow at AMP North

KANIKA SOOD  |  THURSDAY, 22 APR 2021
AMP's North platform saw $400 million less in inflows in the three months to March compared to the same time last year, as financial adviser activity fell. North's cash inflows for first quarter were $3.6 billion, compared to $4 billion in 2020 ...

Citi to exit consumer banking in Australia

ELIZABETH MCARTHUR  |  FRIDAY, 16 APR 2021
Citigroup's quarterly results included news the banking giant is undertaking a strategic overhaul of its global consumer banking division. This will mean Citi is exiting consumer banking entirely in a number of markets including Australia. China, India ...

AMP names new chief executive

ANNABELLE DICKSON  |  THURSDAY, 1 APR 2021
After a week of speculation, AMP has confirmed its chief executive Francesco De Ferrari will step down following the group's portfolio review and has named his successor. Alexis George has been at ANZ for over seven years as deputy chief executive ...

Chief economist update: Too much of a good thing could be a bad thing

BENJAMIN ONG  |  WEDNESDAY, 31 MAR 2021
Healthier consumers are happier consumers are spending consumers. US consumer confidence has rebounded to its highest level since the onset of the pandemic in America in March last year. This is hardly surprising with cases of coronavirus infections ...

AMP, Ares deal up in the air

ANNABELLE DICKSON  |  MONDAY, 29 MAR 2021
AMP has concluded its exclusivity period with Ares Management raising uncertainty as to whether the acquisition of AMP Capital's private markets business will go ahead. As previously announced, both firms are pursuing a joint venture where Ares will ...

De Ferrari hasn't resigned: AMP

KANIKA SOOD  |  FRIDAY, 26 MAR 2021
AMP has confirmed its chief executive Francesco De Ferrari has not tendered a resignation, amid speculation. The Australian Financial Review on March 25 reported De Ferrari was set to resign on the day, after just over two years at AMP. The report added ...