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Showing 341 - 350 of 616 results for "Wealth manager"

AMP profits nosedive, new board director announced

KANIKA SOOD  |  WEDNESDAY, 8 AUG 2018
AMP profit stumbled 74% in the first half of the year as the wealth manager took a $290 million hit from advice remediation following the financial services Royal Commission. It brought in a net profit of $115 million as compared to $445 million in ...

ESG bond portfolio opens to Aussie investors

KANIKA SOOD  |  TUESDAY, 7 AUG 2018
A Scottish manager is offering a new ESG fixed income fund to institutional investors in Australia, beginning with $135 million in assets under management. The Cameron Hume Global Fixed Income ESG Fund will hold securities from issuers that the specialist ...

ClearView defends arrested director

HARRISON WORLEY  |  THURSDAY, 2 AUG 2018
... he was arrested and charged with one count of conspiracy to defraud. In a series of announcements to the market, wealth manager ClearView confirmed Brown was arrested in Papua New Guinea after Melanesian Trustee Services claimed Brown's employer National ...

Diversity underscores wealth manager success

KARREN VERGARA  |  TUESDAY, 31 JUL 2018
The wealth management industry's ability to realise its full potential and social purpose will be underpinned by a diverse workforce and conscious capitalism, according to Pendal chief executive Richard Brandweiner. Brandweiner said the volume of ...

Praemium FUA surpasses $8bn

KARREN VERGARA  |  FRIDAY, 13 JUL 2018
... recently won Morgan Stanley Wealth Management's managed accounts business and inked a deal with West Australian wealth manager Hartleys. It also signed a five-year contract with CMC Markets Stockbroking to provide portfolio based reporting solutions. ...

Sovereign investors change tack: Invesco

KANIKA SOOD  |  THURSDAY, 12 JUL 2018
Equities have overtaken bonds in the portfolios of sovereign wealth investors, according to Invesco which interviewed 126 central bank and sovereign wealth managers. Asia Pacific sovereign wealth investors are eyeing alternative investments and picking ...

Wealth manager appoints private wealth lead

JAMIE WILLIAMSON  |  MONDAY, 9 JUL 2018
A diversified financial services and legal firm appointed a former HSBC head of wealth management to lead its private wealth business. Sydney-based Aura Group is welcoming Andrew Coloretti to the role of executive director, private wealth. Bringing ...

Praemium inks deal with WA-based wealth manager

HARRISON WORLEY  |  WEDNESDAY, 4 JUL 2018
A West Australian wealth manager with about $1.2 billion in funds under management is Praemium's newest client. Broking and wealth management firm Hartleys will manage its client portfolios using Praemium's reporting and administration platform ...

Aussie HNWI population grows: Capgemini

HARRISON WORLEY  |  THURSDAY, 21 JUN 2018
Latest research from digital consultant Capgemini shows Australia's high-net-worth individual (HNWI) population is growing, with more than 20,000 Aussies joining the fold in 2017. According to Capgemini's 2018 World Wealth Report, Australia's HNWI population ...

Global wealth manager appoints new CEO

HARRISON WORLEY  |  FRIDAY, 15 JUN 2018
The US$246 billion wealth management arm of one of the world's largest global investment banks has a new chief executive. Catherine Keating has been appointed chief executive of BNY Mellon Wealth Management. Beginning the role in July, Keating has also ...