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Showing 2591 - 2600 of 9279 results for "wealth"

Somers acquires 15% stake in Aura Group

ELIZABETH MCARTHUR  |  WEDNESDAY, 12 MAY 2021
... services, mining and resources, technology and fixed income. Aura, headquartered in Singapore, is an alternative investment and wealth management platform. Somers is managed by ICM Limited and is a holding company which invests in banking, asset financing ...

AMP Australia announces new leadership team

KANIKA SOOD  |  TUESDAY, 11 MAY 2021
... transformation and investments. Matt Lawler is the new managing director of advice, and was most recently the chief executive of Wealth Market. Prior to this, he has worked at advice and broking businesses at MLC/NAB and as the chief executive for wealth ...

ASIC cracks down on investment guru

ELIZABETH MCARTHUR  |  TUESDAY, 11 MAY 2021
A self-styled investment guru and social media wealth expert has had her Australian credit licence cancelled by ASIC. Dominique Grubisa lost her licence for her company Master Wealth Control on the basis that the business was not engaging in the credit ...

Former Westpac chief executive in new role

KANIKA SOOD  |  TUESDAY, 11 MAY 2021
... a $12 billion interest rate swap transaction from 2016. Sayers' other recent hires span Deloitte, JBWere, Crestone Wealth Management and PwC.

State Street appoints APAC head of asset managers

KANIKA SOOD  |  MONDAY, 10 MAY 2021
... structuring and will be responsible for the overall growth of the segment. In his most recent role, he was KPMG's head of the Wealth and Asset Management Centre of Excellence, focusing on Hong Kong Special Administrative Region (HKSAR) and mainland China ...

Macquarie Wrap reaches new milestone

ANNABELLE DICKSON  |  MONDAY, 10 MAY 2021
... at 31 March 2021, Macquarie Wrap has $101.4 billion in AUA, 21% market share and annual flows of $4.9 billion. Head of wealth product and technology for Macquarie Wealth Management Michelle Weber said the figure reflects Macquarie's history in the platform ...

Research firm launches, hires Macquarie exec

KARREN VERGARA  |  MONDAY, 10 MAY 2021
... to other research houses like Morningstar and Zenith. Inalytics works with asset owners like super funds and sovereign wealth funds, as well as fund managers, Goodman said. For example, Inalytics uses vast amounts of data to assess the performance of ...

APRA approves MLC super takeover

ELIZABETH MCARTHUR  |  FRIDAY, 7 MAY 2021
... trustee for MLC Super. On 31 August 2020, IOOF entered into an agreement with National Australia Bank to acquire the MLC wealth management business, which includes NULIS. Under the Superannuation Industry (Supervision) Act 1993, APRA must approve any ...

AMP trims platform fees

KANIKA SOOD  |  THURSDAY, 6 MAY 2021
... Scott Hartley said the fee cuts are in response to AMP's intent to "compete strongly and transparently" across its wealth product range, and to the practice of competitor platforms using rate cards to attract advisers. "The fee reductions we have ...

CountPlus firm finalises merger

ANNABELLE DICKSON  |  THURSDAY, 6 MAY 2021
... network of accounting and advice firms." The merger comes after Cooper Reeves acquired the financial advice services of CBD Wealth in October last year for $600,000 with an initial payment on completion and the balance dependent on recurring revenues ...