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Showing 2951 - 2960 of 9279 results for "wealth"

IPO Wealth ordered to wind up

ELIZA BAVIN  |  FRIDAY, 18 SEP 2020
The Supreme Court of Victoria has made a winding up order for Mayfair 101's IPO Wealth fund. In response to the decision, Mayfair said it was disappointed with the outcome and believes it will result in negative ramifications for unitholders. The embattled ...

Australian Ethical hires from BlackRock

ELIZA BAVIN  |  FRIDAY, 18 SEP 2020
... Australian Ethical from BlackRock where she was most recently the director of retail client business and was responsible for wealth advisory sales across Victoria, South Australia, Tasmania and Western Australia. Prior to joining BlackRock, she was the ...

Zurich distribution chief joins boutique

JAMIE WILLIAMSON  |  FRIDAY, 18 SEP 2020
... early 2021. Kerr joined Zurich last year as part of the OnePath transition, having served as head of life insurance at ANZ Wealth for close to seven years. The spokesperson said the retail portfolios are being combined for unification and efficiency ...

ME Bank profits rise in FY20

ELIZABETH MCARTHUR  |  THURSDAY, 17 SEP 2020
... get themselves into financial difficulty," he said. And, ME Bank has no plans to diversify its business into areas like wealth management. Rather, Crane is focussed on keeping things simple. "We're really comfortable to keep progressing a simple model. ...

CountPlus firm makes acquisition

KARREN VERGARA  |  THURSDAY, 17 SEP 2020
... firm. ASX-listed CountPlus's subsidiary AdviceCo will pay $400,000 for accounting revenues of Arch Capital, a boutique wealth advisory firm offering SMSF, tax, accounting and wealth planning advice, founded by Nigel Baker in 2012. AdviceCo will pay ...

Portfolio insurance provides strong protection: Research

ELIZA BAVIN  |  THURSDAY, 17 SEP 2020
... invest in. Xu said few could be immune to the market turmoil that occurred in February and March this year unless their wealth had no exposure to the equity market. "There are two main types of default investment strategies in Australian superannuation ...

Netwealth takes stake in Aussie fintech

ANNABELLE DICKSON  |  THURSDAY, 17 SEP 2020
Wealth management company Netwealth has announced its investment and partnership with data solutions fintech Xeppo. Netwealth purchased a 25% stake in Xeppo with the option to increase its holding to 50% in the future but noted the investment is not ...

Lonsec to sell 37% stake to Generation

KANIKA SOOD  |  THURSDAY, 17 SEP 2020
... comprising a significant proportion of Australia's leading fund managers, superannuation funds, advisory groups and wealth platforms. This investment in Lonsec will provide GDG with a highly strategic foothold in an attractive market niche of the ...

Citi names global chief executive

KARREN VERGARA  |  MONDAY, 14 SEP 2020
... 16 years. For the last year, she has led global consumer banking, overseeing 19 countries, including retail banking and wealth management, credit cards, mortgages and the associated operations and technology. "I am honored by the board's decision and ...

UBS makes private wealth strategy shift

ALLY SELBY  |  MONDAY, 14 SEP 2020
UBS has announced a shift within its $3.6 trillion (US$2.6 trillion) global wealth management business, set to see the wealth manager advise private clients to invest in sustainable assets over more traditional solutions. UBS claims it is the first ...