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| | | Listed insurance company Suncorp is one of the latest to tap into investor demand for high yields with the launch of a $350 million Tier 1 hybrid offer this week. The insurance giant said that the money raised from the hybrids which are called Convertible ... |
| | | | Retail and institutional investors will be targeted in China and Japan, as AMP Capital chases growth in the Asian region. Plans to provide retail offerings to the Chinese market were currently stalled by laws preventing life companies owning funds management ... |
| | | | AMP has launched AMP Group Insurance, a new offering that combines the best features of AMP and AXA's existing stand-alone group insurance products. While the AMP Group Insurance is now open to new business, the existing AMP and AXA-branded stand-alone ... |
| | | | SYDNEY - The Australian market looks set to open flat despite Wall Street falling into the red, unable to maintain early gains as tech stocks dragged on sentiment. At 0800 AEST on Wednesday, the September share price index futures contract was down ... |
| | | | AMP limited has reported a $383 million profit in its first half year results, up 11% on the first half year to 30 June 2011. The rise was largely the result of its merger with AXA, which occurred half way through the previous corresponding first-half ... |
| | | | AMP Capital is currently considering a cost cutting program that could see jobs cut across the funds management business. An AMP Capital spokesperson today confirmed that plans were in the works, but was unable to say if, or how many jobs would be lost ... |
| | | | 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 ... |
| | | | 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 ... |
| | | | Guardian Advice has added BT Life to its existing group of preferred partners. Guardian Advice head Simon Harris said the move follows satisfaction with the BT Life distribution team. BT Life joins Asteron Life, AIA, OnePath and CommInsure on the Guardian ... |
| | | | Guardian Advice has expanded its network with four new practices in NSW and Victoria, as part of its three year growth strategy to increase adviser numbers by partnering with independent practices. In 2011, Suncorp Group owned Guardian repositioned ... |
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