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Showing 2451 - 2460 of 9279 results for "wealth"

AMP flags recovery, profit jumps

KARREN VERGARA  |  THURSDAY, 12 AUG 2021
... AMP shares closed at $1.08 yesterday and traded at $1.10 mid-morning upon the results announcement. AMP Capital and the wealth management business overshadowed the latest results, reporting underlying NPAT of $61 million (-19% yoy) and $58 million (-17% ...

Netwealth hires head of investment solutions

JAMIE WILLIAMSON  |  WEDNESDAY, 11 AUG 2021
... broader strategy to grow its asset management and managed accounts offerings, Netwealth has hired the former head of private wealth at Nikko Asset Management. A spokesperson for Netwealth confirmed Naomi Finnigan has been appointed to the role of head ...

Profit boost for CBA, ups remediation bill

KARREN VERGARA  |  WEDNESDAY, 11 AUG 2021
... of which $326 million relates to historical aligned advice compensation issues, while $249 million relates to banking, wealth and other employee-related remediation. The bank is juggling a number or class actions. It is defending itself against four ...

How wealthy families protect assets no matter what

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 AUG 2021
... children, make sure they grow up with good morals and good habits. You never know what might come up that might affect a wealth family's reputation. We all know cases where children, for example those of actors and actresses and so on, have gone ...

Abrdn acquires robo-adviser

ANNABELLE DICKSON  |  WEDNESDAY, 11 AUG 2021
The Scottish wealth management firm is purchasing Exo Investing from Nucoro and will produce a digital wealth management app with AI capabilities. The acquisition will help Abrdn develop an industry-leading technology solution for investors powered ...

NAB to buy Citigroup's Australian consumer banking business

KANIKA SOOD  |  TUESDAY, 10 AUG 2021
NAB's purchase of Citigroup's local consumer business includes Citi's roughly 4000 wealth clients. NAB will pay Citigroup cash for the net assets and a premium of $250 million. Citigroup's consumer banking business includes lending assets of $12.2 billion ...

Booming market for financial services jobs

ELIZABETH MCARTHUR  |  TUESDAY, 10 AUG 2021
... assignments were completed within funds management, with the remainder across superannuation, insurance, private lending, and wealth management. The firm said there was strong demand in investment research, investment operations, ESG/responsible investment ...

Sunsuper, Iress launch adviser data feed

KARREN VERGARA  |  TUESDAY, 10 AUG 2021
... driving member outcomes, which is why we invested in working with Iress to activate data feeds." Iress managing director of wealth for Australia and New Zealand Tizzy Vigilante said superannuation is often the single largest line item in an investor's ...

Alceon launches retail fund

ANNABELLE DICKSON  |  TUESDAY, 10 AUG 2021
... institutional investors and family offices have been increasing their capital allocation to secured private debt, but so far wealth advisory groups have had limited access to this sector," Alceon Group director and head of wholesale capital Omar Khan ...

Platform co-founder departs

ANNABELLE DICKSON  |  MONDAY, 9 AUG 2021
... years in various sales and product development roles at MLC, Asteron and Asgard. "These new board appointments bring a wealth of strategic expertise and networks to support the exciting next phase of WealthO2's expansion plans and to accelerate delivery ...