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Showing 3761 - 3770 of 9281 results for "wealth"

Industry funds eye SMSF market stronghold

KARREN VERGARA  |  TUESDAY, 16 APR 2019
... largest inflows in 2018, followed by Sunsuper ($6.7bn) and Hostplus ($6.2bn). MLC Super (-$1.5bn), BTFG (-$1.46bn) and ANZ Wealth (-$1.1bn) recorded the largest outflows. KPMG head of asset and wealth management Paul Howes said: "Despite the increased ...

New Indian equities ETF to launch

KANIKA SOOD  |  TUESDAY, 16 APR 2019
Graham Tuckwell's ETF Securities is set to launch a new exchange traded fund that will invest in stocks listed on the National Stock Exchange of India. The passive ETF, named NDIA, will give Australian investors access to global companies such as ...

Australia's wealth takes half trillion hit

HARRISON WORLEY  |  MONDAY, 15 APR 2019
Latest research shows Australia lost close to half a trillion dollars in wealth at the end of 2018. According to Roy Morgan's latest Single Source Survey, the gross personal wealth of Australians (including owner-occupied homes) is currently around ...

Freedom to divest all operations

KARREN VERGARA  |  MONDAY, 15 APR 2019
... shareholders. After transferring the admin business, it intends to offload Sydney-based financial advice firm Spectrum Wealth Management, after which it would have exited all operations. Furthermore, Freedom flagged it will have "exited all its operating ...

Bravura circles competitor

KANIKA SOOD  |  FRIDAY, 12 APR 2019
The wealth management software firm has made a proposal to acquire another ASX-listed fintech that could value the latter at up to $170 million. Bravura Solutions submitted a non-binding indicative proposal to acquire all shares of GBST Holdings for ...

Westpac appoints acting advice GM

JAMIE WILLIAMSON  |  FRIDAY, 12 APR 2019
... from May 1 to drive the transformation of Westpac's advice business in line with the announced resetting of its overall wealth operations. Stewart first joined Westpac in 2011 and serves as head of Westpac's private wealth businesses in Victoria and ...

$1.5bn pulled from Pendal

KARREN VERGARA  |  FRIDAY, 12 APR 2019
... financial advice by September 2019. Within BTFG, Westpac will integrate insurance into the customer division, while private wealth, platforms and investments and superannuation will move into an expanded business arm. The financial adviser-established ...

Super funds hungry for global stocks, alternatives

KANIKA SOOD  |  THURSDAY, 11 APR 2019
... on data collected by Rainmaker. There are 1095 individual investment management firms operating in the broad Australian wealth management market. Rainmaker identifies 638 investment manager groups that have secured at least one institutional mandate. ...

Clime taps retail market

KARREN VERGARA  |  THURSDAY, 11 APR 2019
... don't want to engage an adviser," Varlamos said. Clime recently appointed Adam Youkhana as general manager of private wealth and distribution. He was most recently the general manager of wealth at ASX-listed Yellow Brick Road. Former Schroders Australia ...

Financial adviser salaries revealed

JAMIE WILLIAMSON  |  THURSDAY, 11 APR 2019
... years' total experience can earn between $50,000 and $75,000 per annum. The figures represent the benchmark salary for wealth management professional in Melbourne and Sydney, inclusive of superannuation. They do not take into account potential bonuses. ...