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Showing 4551 - 4560 of 9284 results for "wealth"

IOOF research boss tenders resignation

ALEX BURKE  |  MONDAY, 18 DEC 2017
... Australia and regional chief economist at Deutsche Asset Management. In an internal memo, IOOF group general manager - wealth management Renato Mota said Drennan "has made a significant contribution to the IOOF group over the past few years and will ...

Fiducian acquires three client books worth $40m in FUA

ALEX BURKE  |  FRIDAY, 15 DEC 2017
... managing director since establishing Fiducian in 1996. Over that time, he's steered the firm to becoming a diversified wealth operation covering financial advice, portfolio management, superannuation and proprietary administration technology. Fiducian ...

T. Rowe Price expands local distribution team

EMMA RAPAPORT  |  THURSDAY, 14 DEC 2017
... developing and managing T. Rowe Price's suite of offerings in the Australian market, brings 13 years' experience in developing wealth management products for major institutions, including Blackrock. Other newly appointed relationship managers include ...

HNWI financial advice demand falls: Research

KARREN VERGARA  |  THURSDAY, 14 DEC 2017
New research from Investment Trends found there are less high-net-wealth investors using financial advisers compared to five years ago. The use of financial advice among high-net-worth investors (HNWI) has fallen to a five-year low, according to the ...

Chinese financial services giant eyes Australian expansion

EMMA RAPAPORT  |  WEDNESDAY, 13 DEC 2017
... Tianhong Asset, an Ant Financial subsidiary. Other businesses operated by Ant Financial Services Group include Ant Fortune, a wealth-management app, Zhima (Sesame) Credit, a social credit scoring system, and MYbank, a digital bank which offers microloans ...

Lowy hands over keys to the Westfield kingdom

ALEX BURKE  |  WEDNESDAY, 13 DEC 2017
Australian retail magnate and pre-eminent philanthropic figure Sir Frank Lowy is selling the Westfield retail empire he co-founded to a Parisian commercial property company. Under the terms of the agreement, Unibail-Rodamco will acquire Westfield for ...

Boutique wealth manager hires banking executive

JAMIE WILLIAMSON  |  WEDNESDAY, 13 DEC 2017
A Bank of Melbourne executive has joined a boutique wealth manager to oversee its Victorian business. Koda Capital will welcome Jonathan Ayers as managing partner of Victoria, commencing in the role in 2018. Ayers joined Bank of Melbourne in 2011, leading ...

AMP flags departures in distribution restructure

KARREN VERGARA  |  WEDNESDAY, 13 DEC 2017
AMP has restructured its sales team to align with its wealth management and insurance businesses. The move will create specialist roles which will better align the broker and adviser bank sales teams, an AMP spokesperson told Financial Standard. Of ...

ANZ sells life insurance business for $2.85 billion

ALEX BURKE  |  TUESDAY, 12 DEC 2017
... the purchaser Australia's largest retail life insurer. Completing what the bank described as a "simplification" of its wealth division, ANZ sold the business to Zurich. The sale comprises two transactions, including $1 billion of upfront reinsurance ...

Parametric appoints product manager from Willis Towers Watson

ALEX BURKE  |  MONDAY, 11 DEC 2017
... Parametric Australia chief executive Chris Briant said: "The appointment of Sheela Veerappan is particularly exciting given her wealth of experience both in Australia and overseas, including her experience in manager research." "She has great technical ...