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| | | ... MySuper will soon operate in Australia. The largest KiwiSaver fund is OnePath with a 29% market share, followed by ASB with 22%, AMP with 19%, Kiwibank (owned by NZ Post) with 7% and Mercer with 6%. According to Morningstar NZ, conservative investment ... |
| | | | AMP Financial Services has appointed Libby Roy as its new head of Corporate Superannuation. Roy will report to AMP Financial Services managing director Craig Meller and be responsible for driving AMP's corporate super strategy. "Libby brings extensive ... |
| | | | AMP Capital and Aberdeen Asset Management have won fixed income mandates from Advance, a specialist asset management business owned by Westpac's BT Financial Group. The mandates will form part of the Advance Australian Fixed Interest Multi-Blend Fund ... |
| | | | ... the local market to reflect overseas popularity will be driven largely by the recognition that access is key, said Sowerby. "AMP has moved to a 15% allocation to alternatives, MLC to 16%. I am not surprised, as the numbers are compelling. These guys ... |
| | | | Former Super Concepts managing director Craig Jameson has signed with AMP's newly formed business unit, AMP SMSF. Jameson will take the title of director business operations and be responsible for setting up AMP SMSF's business operations, including ... |
| | | | ... tailored to the specific needs of IFAs," said Tony Graham, head of Macquarie Adviser Services. Current users of COIN include AMP Financial Planning, Commonwealth Financial Planning, Westpac Financial Services and ANZ Financial Planning, according to ... |
| | | | ... and implementing effective growth strategies. Nugent has also held a number of senior management roles in companies such as AMP, AXA, Prudential, Rothschild and Macquarie Bank. Phil Burke, chief executive officer of Australian Financial Services Group ... |
| | | | AMP Capital's Infrastructure Debt Fund has completed its final close, after it launched in 2010. AMP said that the fund, which invests in subordinated infrastructure debt, has attracted a,-400 million from 30 global institutional investors, including ... |
| | | | AMP Capital has established a new Asian equities team to be led by BNP Paribas' former head of greater China equities and his team. The three, hired directly from BNP Paribas, will be joined in Hong Kong by two current AMP capital portfolio manager ... |
| | | | AMP Limited is to acquire Australia's largest SMSF administrator Cavendish Group as part of plans to establish an SMSF dedicated business unit under Paul Sainsbury. The new unit aims to capture a greater position for AMP in the $440bn self-managed super ... |
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