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Showing 21 - 30 of 148 results for "Australian Wealth Management"

New appointments to FSC board

CHLOE WALKER  |  FRIDAY, 10 DEC 2021
The Financial Services Council (FSC) has today announced the appointments of AMP Australian Wealth Management chief executive Scott Hartley, and Challenger chief executive, people, corporate affairs and strategy Michelle Taylor, as directors to the ...

FinClear wins Ord Minnett mandate

KARREN VERGARA  |  MONDAY, 18 OCT 2021
... discussions and due diligence with us, they have instead decided to stay. Ords is a mainstay of the Australian wealth management landscape, and we look forward to serving them," he said. Last week, FinClear took on third-party clearing services for global ...

Global firm expands into Aussie wealth management

ELIZABETH MCARTHUR  |  FRIDAY, 17 SEP 2021
A London-headquartered behavioural finance firm has announced plans to expand into the Australian wealth management sector. Oxford Risk has hired Bianca Kent as head of client and strategy, to be based in Sydney, as it enters the market. The firm builds ...

Praemium profit, growth up

ANNABELLE DICKSON  |  WEDNESDAY, 10 FEB 2021
... 20-year history. "The addition of Powerwrap positions Praemium as a major player in the fast-changing Australian wealth management landscape, and integration is progressing well," he said. "2020 was a year of significant disruption and challenges. However ...

Bumpy quarter for AMP

KARREN VERGARA  |  THURSDAY, 22 OCT 2020
... QSuper were some of the big clients that severed ties with the group in the last six months. Overall, Australian wealth management had net outflows of $1.95 billion. The New Zealand Wealth management arm on the other hand saw AUM marginally increase ...

Wealth manager takes massive profit hit

ELIZA BAVIN  |  FRIDAY, 31 JUL 2020
... disruption due to COVID-19. The wealth manager reported an underlying profit for all businesses, including Australian wealth management, AMP Bank, AMP Capital and New Zealand wealth management, of $140-150 million. For the same corresponding period last ...

European robo-adviser eyes Australia, taps Westpac exec

ALLY SELBY  |  THURSDAY, 23 JUL 2020
... automated reporting solution) and Robo Advisor offerings. With major structural shifts underway in the Australian wealth management industry, Smith believes the industry is ripe for (digital) disruption. "Clearly automated advice in Australia has been ...

AMP bleeds $18 billion

HARRISON WORLEY  |  THURSDAY, 23 APR 2020
... hitting the firm hard. Releasing its quarterly assets under management figures today, AMP revealed its Australian wealth management arm is now managing just over $116 billion. At the end of the last quarter the firm was managing around $134 billion. ...

Focus to acquire stake in MEDIQ

KANIKA SOOD  |  WEDNESDAY, 19 FEB 2020
... chief operating officer Rajini Kodialam said: "We believe that MEDIQ is uniquely positioned in the Australian wealth management market and will benefit from our scale and resources to grow their business." In February last year, Focus announced it was ...

Tough times continue for AMP

ELIZA BAVIN  |  THURSDAY, 13 FEB 2020
... manager reported losses across the board in its FY19 results citing a challenging environment in Australian wealth management for the poor result. FY19 underlying profit came in at $464 million, down from $680 million in the previous year. The net loss ...