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Showing 11 - 20 of 4388 results for %22UK model%22

Perpetual seals $2.18bn deal with KKR, chief to retire

ANDREW MCKEAN  |  WEDNESDAY, 8 MAY 2024
... board's decision to refocus as a standalone asset management firm, moving away from a complex, diversified financial services model, is expected to deliver enhanced long-term value to shareholders. "Shareholders will benefit from cash proceeds following ...

ASIC clamps down on advisers, trustees cold calling

KARREN VERGARA  |  TUESDAY, 7 MAY 2024
... least initially, to ensure the transaction can progress quickly. This is sometimes referred to as a 'layered advice' model by the business model operators," ASIC said. The cold-calling businesses typically target members in the accumulation phase ...

Pinnacle backs fledgling UK boutique

KARREN VERGARA  |  FRIDAY, 3 MAY 2024
... Pinnacle managing director Ian Macoun said: "The Pinnacle Group is proud to continue expanding on our unique multi-affiliate model. Highly talented and experienced investors across the world are choosing Pinnacle as their partner of choice to establish ...

Asset managers prioritising product quality: Northern Trust

ANDREW MCKEAN  |  FRIDAY, 3 MAY 2024
Investment managers are focused on the quality and accuracy of their products to enhance the investor experience and growing their distribution in the next two years, according to a recent survey of 300 global asset management firms conducted by WBR ...

Poor investment governance costly for asset owners, members: KPMG, Frontier

ANDREW MCKEAN  |  WEDNESDAY, 1 MAY 2024
Most asset owners estimate that poor investment governance could increase portfolio costs by 1% or more annually, according to a joint report by KPMG and Frontier Advisors. The report, which surveyed 22 asset owners in the local investment industry ...

Franklin Templeton to build advanced financial AI platform

ELIZA BAVIN  |  WEDNESDAY, 1 MAY 2024
... transformation at scale. This new AI platform will be built using Microsoft Azure AI services including Azure OpenAI Service (GPT-4 model), Azure AI Search, and Azure AI Document Intelligence. Franklin Templeton said the first potential benefit would ...

AMP Advice partners with BlackRock and Lonsec

ELIZA BAVIN  |  TUESDAY, 30 APR 2024
... of multi-asset investment strategy Katie Petering said BlackRock was excited to work with AMP and Lonsec to build a new model portfolio solution to enhance how AMP and North serves advisers. "By drawing on the breadth of our global platform, Australia ...

How to win in today's wealth management industry: EY

ANDREW MCKEAN  |  WEDNESDAY, 24 APR 2024
To outperform in the wealth management industry, leaders must conquer several "underlying challenges" by 2030, according to an Ernst & Young (EY) report. "Overcoming these challenges is vital if wealth managers are to create value for clients, stakeholders ...

FSC expands financial advice membership

KARREN VERGARA  |  WEDNESDAY, 24 APR 2024
... Fortnum Private Wealth, Infocus, Otivo, Rhombus Advisory, and WT Financial Group have joined FSC's new initiative. This new model of engagement will see the licensees contribute to the FSC's policy development processes. FSC chief executive Blake Briggs ...

T. Rowe Price appoints local operations chief

ELIZABETH FRY  |  FRIDAY, 19 APR 2024
... us drive operational excellence in a complex data environment while keeping the region connected in our global operating model." T. Rowe Price's head of APAC distribution Elsie Chan also welcomed Chamberlain to the role and said his appointment reflected ...