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Showing 2601 - 2610 of 4173 results for amp

Banks missing super cross-selling opportunities

ALEX DUNNIN  |  FRIDAY, 5 JUL 2013
... approximately 50% hold it with an industry fund, around 14% hold it with a government fund, and approximately 8% are with the AMP Group. Norman Morris, Roy Morgan industry communications director said, "To date, the major banks have been largely unsuccessful ...

AMP to buy stake in NZ power co from Brookfield

JAMES FERNYHOUGH  |  THURSDAY, 4 JUL 2013
A consortium led by AMP Capital (AMP) is set to acquire a 42% stake in New Zealand's second biggest electricity and gas distribution company, Powerco NZ Holdings Limited (Powerco), pending the approval the New Zealand Overseas Investment Office. The ...

Platforms surpass pre-GFC levels

LAURA MILLAN  |  MONDAY, 1 JUL 2013
... specialist insurance and estate planning practice," Edmondson said. In March 2013, the big four financial planning divisions and AMP controlled 54% of the market managed 48% of all advisers' FUA. On the other hand, independently owned adviser groups ...

Mirvac sells 50% stake in Sydney CBD office to AMP

LAURA MILLAN  |  MONDAY, 1 JUL 2013
AMP Capital Wholesale Office Fund (AWOF) has bought a 50% stake in the land and development of 200 George Street, in Sydney CBD from Mirvac Group (Mirvac). The AMP Capital fund has paid Mirvac $317 million for the 50% interest in the Sydney city centre ...

AMP targets SMSFs for infrastructure and property funds

JAMES FERNYHOUGH  |  FRIDAY, 28 JUN 2013
AMP Capital is launching a website as part of a new marketing campaign aimed at encouraging self-managed superannuation fund (SMSF) investors to branch out into infrastructure and non-residential property. While residential property is a popular investment ...

Former Deutsche PM joins 90 West

MARK SMITH  |  WEDNESDAY, 26 JUN 2013
... experience in the investment management industry, joined the company in May as a senior investment analyst. He began his career at AMP Investments as a resource analyst and portfolio manager, managing $500 million in Australian resources stocks. He then ...

MetLife CEO to join Financial Services Council board

ALICE URIBE  |  TUESDAY, 25 JUN 2013
... Deputy Chairmen: Greg Cooper - chief executive, Schroder Investment Management Australia and Craig Meller- managing director, AMP Financial Services. Directors: David Bryant: chief executive and CIO of Australian Unity Investments; Robin Burns - managing ...

Market Wrap

AAP  |  TUESDAY, 25 JUN 2013
... company's biggest ever single contract award. Leighton shares were down seven cents, or 0.46 per cent, to $15.05. Insurer AMP expects its first half underlying profit will be lower than estimated and come in between $415 million and $435 million. Wholesaler ...

Market Wrap

AAP  |  MONDAY, 24 JUN 2013
... company's biggest ever single contract award. Leighton shares were down seven cents, or 0.46 per cent, to $15.05. Insurer AMP expects its first half underlying profit will be lower than estimated and come in between $415 million and $435 million. Wholesaler ...

AMP issues profit warning on insurance claims

MARK SMITH  |  MONDAY, 24 JUN 2013
Wealth manager and insurer AMP has warned that its half-year profit is likely to come in below expectations. In a press release the financial services company said profit would likely come in between $415 million and $435 million, or roughly 13% lower ...