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Showing 491 - 500 of 617 results for "Wealth manager"

J.P. Morgan wins custodial services mandate

BEN COLLINS  |  TUESDAY, 11 SEP 2012
... of additional Mosaic Portfolio Advisers (MPA) Limited funds. Mosaic is a wholly owned subsidiary of ASX - listed wealth manager SFG Australia, with which WSS has held a similar mandate with since 2011. The new mandates are part of the integration of ...

Deferred tax impacts IOOF profit

BEN COLLINS  |  FRIDAY, 24 AUG 2012
A deferred tax liability had a material impact on wealth manager IOOF, knocking $63 million of its full-year statutory result. Retrospective changes to income tax laws forced IOOF to pay the deferred tax liability, resulting in its $19.4 million profit ...

Super FUM hits $1.4 trillion

ALEX DUNNIN  |  THURSDAY, 23 AUG 2012
Superannuation assets jumped 4% during 2011-12, defying lack lustre returns of 0.5%, to reach $1.4 trillion, according figures just released by the superannuation prudential regulator APRA. Industry funds grew the fastest, up 6.1% through the year to ...

IAS renews partnership with SS&C

LINDA HAUSKEN  |  THURSDAY, 23 AUG 2012
Australian managed accounts provider, Investment Administration Services (IAS) has renewed its affiliation with global financial services software provider, SS&C Technologies through the use of the firm's Global Wealth Platform to support its managed ...

Write-down clouds Bendigo's 43% profit tumble

BEN COLLINS  |  MONDAY, 20 AUG 2012
... in the value of its wealth division. The sale of subordinate notes, and a recent offloading of a 7.8% stake in wealth manager IOOF contributed an additional 42 basis points of core tier-one capital post the June 30 balance date. "These non-dilutive capital ...

Market Wrap

AAP  |  FRIDAY, 17 AUG 2012
... stocks, BHP Billiton is up nine cents to $32.71 but Rio Tinto has given up 28 cents at $54.82. On the earnings front, wealth manager AMP has lifted its first half net profit by 10 per cent to $383 million, sending its stock up 11 cents to $4.27. AAP ...

Market Wrap

AAP  |  THURSDAY, 16 AUG 2012
... stocks, BHP Billiton is up nine cents to $32.71 but Rio Tinto has given up 28 cents at $54.82. On the earnings front, wealth manager AMP has lifted its first half net profit by 10 per cent to $383 million, sending its stock up 11 cents to $4.27.

Redundancies tipped at Plan B

BEN COLLINS  |  FRIDAY, 27 JUL 2012
Job cuts are predicted at Perth-based boutique wealth manager Plan B, if IOOF's proposed bid is successful. The Plan B board has unanimously recommended that shareholders accept the IOOF offer for 60 cents per ordinary share, in an off-market takeover ...

Macquarie Private expands adviser team

MELANIE TIMBRELL  |  MONDAY, 16 JUL 2012
... previously a director with UBS Wealth Management. In Adelaide, Michael Sanderson has joined Macquarie as senior private wealth manager from Morgan Stanley Smith Barney while Joel Wright and Tony Gaudry have joined the teams in Manly and Canberra respectively ...

Dodd-Frank sees rise in virtual family offices

MELANIE TIMBRELL  |  FRIDAY, 13 JUL 2012
Growing costs associated with Dodd-Frank compliance are making single family offices in the US less sustainable, with virtual and multi family offices in favour as a result. Those were among the findings reported by the Advanced Planning and Family ...