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Showing 361 - 370 of 498 results for "Private bank"

Hedge fund FUM to hit $2.3 trillion by year end

ALEX DUNNIN  |  WEDNESDAY, 29 FEB 2012
A Deutsche Bank survey of global hedge fund managers finds they expect their combined FUM to climb to $2.3 trillion by the end of 2012. Driving the expectations are institutional investors, HNW and Family Offices looking for investment performance in ...

Investment complexity on the rise for UHNW clients

MELANIE TIMBRELL  |  MONDAY, 27 FEB 2012
... integration are topping trends in successfully servicing UHNW clients, according to Credit Suisse. Recently named best private bank in Australia by Asian Private Banker, Credit Suisse has named its integrated strategy encouraging cross-divisional co-operation ...

Aus can deal with another GFC: Shorten

CLAIRE MCGREAL  |  THURSDAY, 19 JAN 2012
Assistant Treasurer Bill Shorten says Australia is not in the same boat as Europe and is better placed to deal with another worldwide recession. The World Bank yesterday declared the global economy had entered a "dangerous period", warning it could ...

Towers Watson names new head of wealth mngt

ELISE BURGESS  |  TUESDAY, 6 DEC 2011
Towers Watson has hired former CBA heavyweight, Danny Howell, as its new head of wealth management in Asia in a bid to strengthen its advisory services. Prior to joining Towers Watson, Howell was general manager for Commonwealth Bank's North Asia, responsible ...

Centric Wealth taps Kearns for chief executive

RACHEL DAVIS  |  MONDAY, 21 NOV 2011
... lead the Company," said Centric Wealth chairman, David Shein. "At Investec Phil was instrumental in building the private bank's client base and in introducing investors to innovative investment products, including aircraft and wind farm investment funds. ...

Head of Bank of Melbourne Private appointed

RACHEL DAVIS  |  MONDAY, 31 OCT 2011
The first head of Bank of Melbourne Private has been appointed, with former National Australia Bank executive, Jonathan Ayres taking on the new role. Ayres comes from National Australia Bank where he spent more than ten years in senior roles including ...

Credit Suisse: Aus second highest average wealth in the world

CLAIRE MCGREAL  |  THURSDAY, 20 OCT 2011
Australia has the second highest average wealth in the world at US $397,000 behind only Switzerland with US $540,010. The Credit Suisse 2011 Global Wealth report, which surveyed the world's 4.5 billion adults, also revealed that Australia's median wealth ...

Touchstone acquires Old Mutual assets

MATT WOODINGTON  |  WEDNESDAY, 5 OCT 2011
Touchstone Investments has agreed to acquire around $2 billion worth of mutual fund assets from Old Mutual Asset Management in the US, taking its funds under management to almost $10 billion. Touchstone Investments, a wholly owned subsidiary of Western ...

ANZ Wealth appoints head of advice delivery

RACHEL DAVIS  |  FRIDAY, 30 SEP 2011
... advice and distribution. ANZ Wealth comprises OnePath, E*TRADE, Investment Lending, Financial Planning and ANZ's Private Bank.

Spring lands CBA wealth head role

MATT WOODINGTON  |  FRIDAY, 16 SEP 2011
Annabel Spring has been appointed as Commonwealth Bank's new head of wealth management, replacing Grahame Petersen who will now lead the business and private banking division. Spring, currently the group head of strategy, will take over as group executive ...