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Showing 521 - 530 of 617 results for "Wealth manager"

Australian market to shrug off Greek woes

MATT WOODINGTON  |  FRIDAY, 27 MAY 2011
Australian wealth managers believe that the worsening European debt crisis, with Greece seemingly on the brink of default, will have no major long-term impact on the global financial recovery. Greece is estimated to have unsustainable debt of $456 billion ...

China's HNWs hold $1.2tr

ALEX DUNNIN  |  WEDNESDAY, 11 MAY 2011
China's economy is now advancing so quickly that its high net worth sector is already worth almost as much as Australia's entire superannuation market but growing four times faster. According to research just released by global consultant Bain & Company ...

New super products and mergers may result - insurers

ELISE BURGESS  |  THURSDAY, 28 APR 2011
Life insurers predict dealer groups will create their own super products or be taken over by wealth managers while direct insurance will get a boost from new FOFA reforms. Life insurers and financial planners alike have responded with mixed reactions ...

High net worth clients being under advised

ELISE BURGESS  |  THURSDAY, 21 APR 2011
... brokerages. However, some seven out of ten survey respondents were extremely or very satisfied with their advisor or wealth manager, they just wanted more financial guidance on more topics. The main three areas where investors wanted adviser assistance ...

SMSFs avg balances hit $1m

ALEX DUNNIN  |  MONDAY, 28 MAR 2011
New research from Rainmaker into self-managed super funds confirms that much of what we think we know about the sector is still driven by myths. An analysis the researcher conducted into SMSF figures available from the Australian Taxation Office and ...

Share plummet overplayed - fund managers

MATT WOODINGTON  |  WEDNESDAY, 16 MAR 2011
Fund managers remain cautiously optimistic for global growth despite the dramatic fall in global share prices sparked by the threat of nuclear catastrophe in Japan. A huge market sell off occurred yesterday afternoon when another explosion hit a Fukishima ...

GFC hangover hits Perpetual profit

ALISON BEVEGE  |  WEDNESDAY, 23 FEB 2011
A goodwill write-down from a pre-GFC purchase helped drag down wealth manager Perpetual's first-half profits by 29 per cent year-on-year to $35 million for the six months to December. The $10.6 million goodwill write-down comes from their 2008 purchase ...

Advisers must deliver alpha

ALEX DUNNIN  |  WEDNESDAY, 23 FEB 2011
... skills and expertise. He argues that Adviser Alpha is demonstrated by the adviser's ability to effectively act as a wealth manager, financial planner and behavioural coach. It is enhanced by providing discipline and reason to clients who are often undisciplined ...

Market Wrap - Midday

AAP  |  FRIDAY, 18 FEB 2011
... Group jumped seven cents, or 1.02 per cent, to $6.94 after booking a seven-fold increase in first half profit. Wealth Manager AMP was one of the best performers in the ASX 50, trading 13 cents higher, by 2.4 per cent, at $5.63. Minara Resources was up ...

Market Wrap - Midday

AAP  |  THURSDAY, 17 FEB 2011
... up seven cents to $53.91. ANZ Banking Group fell six cents to $25.65 and NAB gained one cent to trade at $26.34. Wealth manager AMP Ltd was up four cents, or 0.73 per cent, to $5.49 after reporting it had increased its full-year profit by five per cent. ...