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Showing 3591 - 3600 of 9281 results for "wealth"

AMP announces new strategy, capital raise

JAMIE WILLIAMSON  |  THURSDAY, 8 AUG 2019
... announced a range of initiatives aimed to reposition it for the future, including a $650 million capital raise to reinvent its wealth management offering. Releasing its 1H19 results today, AMP has launched a $650 million capital raise to fund a new three-year ...

AustralianSuper eyes $1.48bn in Indian infrastructure

KANIKA SOOD  |  WEDNESDAY, 7 AUG 2019
Australia's largest superannuation fund has signed an agreement with the Indian sovereign wealth fund to invest up to US $1 billion in infrastructure opportunities and is taking a shareholding in the fund manager. AustralianSuper made an initial ...

CBA remediation bill drags performance

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2019
... ASX this morning. Its cumulative spend and provision on rectifying errors further breaks down to: aligned advice ($534m), wealth ($459m) and banking ($375m). Consequently, remediation costs have increased operating expenses by 2.5%, taking the group's ...

BT advice boss lands new role

KANIKA SOOD  |  WEDNESDAY, 7 AUG 2019
... last year, will lead an ASX-listed managed accounts provider for a $500,000 base salary. Michael Wright will join Xplore Wealth (formerly Managed Accounts Holdings) effective September 9, as the company ends its six-month-long hunt for a chief executive. ...

Fintech off to slow start in 2019: KPMG

KRISTI CHENG  |  TUESDAY, 6 AUG 2019
Following record investments in 2018, Australia's fintech sector saw a subdued investment trend in the first half of this year. The number of fintech deals and total global investment in fintech dropped in 1H19, a result due primarily to the lack of ...

Adviser stole $200k from SMSFs

ELIZABETH MCARTHUR  |  TUESDAY, 6 AUG 2019
... an authorised representative of Marigold Falconer International and Allied Financial Solutions through his business RM Wealth Management. Between 2004 and 2008 Michael was a representative of Sentry Financial Planning, Solutions Wealth Strategies and ...

Planning foundation adds directors

HARRISON WORLEY  |  MONDAY, 5 AUG 2019
... Future2 is welcoming the appointments of former FPA chair Julie Berry, acting Commonwealth Bank executive general manager of wealth management Hugh Humphrey, and Aspire Retire chief executive Olivia Maragna to its board, in a move chair Petra Churcher ...

VGI Partners readies $1bn Asian fund

KANIKA SOOD  |  MONDAY, 5 AUG 2019
... the prospectus due to be released in September. VGI said it is in the process of appointing joint lead managers: Crestone Wealth Management, Commonwealth Securities, Ord Minnett, Taylor Collison and Wilsons as the joint lead managers for the offer. VGI ...

Xplore continues hunt for chief executive

ELIZABETH MCARTHUR  |  FRIDAY, 2 AUG 2019
ASX-listed platform provider Xplore Wealth released its quarterly update, confirming the appointment of a new chief executive is still pending. David Heather stepped down in February on "mutual terms" after four years in the top job. Since then, former ...

Patersons launches first SMAs

ELIZABETH MCARTHUR  |  THURSDAY, 1 AUG 2019
Patersons Securities has launched its first separately managed account offerings. The stockbroking and wealth management firm released two SMA models this week. The models had previously been run by Patersons as in-house model portfolios. It is the ...