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Showing 3381 - 3390 of 9281 results for "wealth"

JPMorgan Chase reports record profits

ALLY SELBY  |  WEDNESDAY, 15 JAN 2020
... assets under management rose a whopping 19% from the previous year, now with US$2.36 trillion under management. "In asset & wealth management, we grew loans and deposits at a healthy pace, and for the full-year, we brought in record long-term net flows ...

NAB revamps superannuation trustee board

KANIKA SOOD  |  TUESDAY, 14 JAN 2020
... has held roles at Minter Ellison and Hive Legal. Watt is currently a director with several NAB subsidiaries including MLC Wealth and hence will be a non-independent director while the other three appointments are independent. The additions take the NULIS ...

Bank of Mum and Dad forking out serious dosh

ALLY SELBY  |  TUESDAY, 14 JAN 2020
... Josh Funder. "For a lot of Baby Boomers they enjoy such great longevity that their children don't get to enjoy their wealth until they are old themselves," he said. "Parents aspire to be the 'Bank of Mum and Dad' and provide financial support ...

Crestone bolsters team

ELIZABETH MCARTHUR  |  TUESDAY, 14 JAN 2020
Crestone Wealth Management has made eight new appointments, bringing its team to 80. The firm said the hires reaffirm its commitment to high-quality professional advice in the high net worth and ultra-high net worth client segments. Paul Shalhoub, Duane ...

Dixon cuts US property fund value

ELIZA BAVIN  |  TUESDAY, 14 JAN 2020
Dixon Advisory has slashed the value of its US property fund by 30%, in yet another blow to the wealth management firm. The responsible entity for the US Masters Residential Property Fund (URF), Walsh & Company, blamed general weakness in the New York ...

Franklin Templeton veteran readies two funds

KANIKA SOOD  |  MONDAY, 13 JAN 2020
... equities boutique launched by a Franklin Templeton veteran is getting ready to pitch two new Aussie-domiciled funds to private wealth firms and wholesale clients down under. Bahamas-based Holowesko Partners is aiming to launch in the next two months ...

Industry fund strengthens board

HARRISON WORLEY  |  MONDAY, 13 JAN 2020
... Corporate Health, among others. LGS chair Kyle Loades said the addition of Bels as a non-executive director would bring a wealth of experience to the fund, noting her "impressive track record" across law, finance and risk management. "She also has extensive ...

MLC Wealth hires technology chief

JAMIE WILLIAMSON  |  MONDAY, 13 JAN 2020
MLC Wealth is expanding its executive leadership team with a new hire, responsible for transforming the business' technology and operations. Following an extensive search, Darren McKenzie has been appointed chief technology and operations officer of ...

Chief economist update: Aussie Black Friday spend will end Saturday

BENJAMIN ONG  |  MONDAY, 13 JAN 2020
... employment and by extension, increased spending, sales and profits and private investment that the economy sorely needs. The wealth effect engendered by the recovery in property prices and the gains in the equities market should also support consumer ...

First Sentier hires AMP Capital portfolio manager

KANIKA SOOD  |  FRIDAY, 10 JAN 2020
... (ASL) and five of its seven super funds by June 30. It will retain master trust called Super Direction Fund (SDF), and its Wealth Fund. NM Super will act as the trustee for both.