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Showing 5931 - 5940 of 9286 results for "wealth"

Miller to take permanent leading role at NAB Wealth

MARK SMITH  |  FRIDAY, 19 JUN 2015
NAB Wealth has handed the permanent executive general manager of wealth advice role to Greg Miller, who has been acting in the role since the beginning of the year. Miller has previously held a number of leadership positions at NAB Wealth, including ...

APAC fastest growing region for millionaire investors

LAURA MILLAN  |  THURSDAY, 18 JUN 2015
... is the region where the number of high net worth and ultra-high net worth individuals grew faster during 2014, the World Wealth Report found. The 19th edition of the report by Capgemini and RBC Wealth Management revealed that high net worths (HNW) in ...

Fund manager fees too high: David Neal

MARK SMITH  |  THURSDAY, 18 JUN 2015
... in each asset class would have a "profound impact" on the Future Fund's culture and therefore the $117 billion sovereign wealth fund continues to rely on "strongA partnershipsA withA managersA under arrangementsA that areA asA costA effectiveA andA wellA ...

Philo in growth mode after losing key mandate

ALEX BURKE  |  THURSDAY, 18 JUN 2015
... being replaced by State Street Global Advisors (SSGA) to provide portfolio construction services for key client Centric Wealth. Philo had a fixed-term contract with Centric which ended around May. Parent group Findex (which acquired Centric in 2014) ...

Future Fund and AustralianSuper settle court case

LAURA MILLAN  |  THURSDAY, 18 JUN 2015
... matter has not admitted any liability," it added. The case started in 2013, when AustralianSuper questioned the sovereign wealth fund's acquisition of an $875 million stake in Perth airport, as part of an agreement in 2012 to acquire $2 billion of airport ...

Financial planning director to leave AMP

LAURA MILLAN  |  THURSDAY, 18 JUN 2015
... Helmich was appointed executive director of financial planning in January last year, following a restructure of the group's wealth management divisions. He reported to the group executive of the advice and banking division Rob Caprioli and was responsible ...

SMSF investors reducing cash and shares

DARREN SNYDER  |  WEDNESDAY, 17 JUN 2015
... investment mix, down from 21.6% in March 2014. Listed shares hold about 26.4%, compared to 27.8% in March 2014. Head of wealth management at HLB Mann Judd Sydney, Michael Hutton, said one of the basic property "dos" around SMSFs was to integrate the ...

Boutique managers consistently outperform: research

LAURA MILLAN  |  TUESDAY, 16 JUN 2015
... points. According to the research, investing exclusively with boutiques across all categories would have created 11% greater wealth for clients. AMG also found that top-decile and top-quartile boutique strategies added 1,133 basis points and 589 basis ...

US fiduciary rule fight not slowing down

ALEX DUNNIN  |  TUESDAY, 16 JUN 2015
... even to sell a plan to a small business owner," he said. To reinforce his argument, Bentsen said the practice of retail wealth management groups switching investors from commission-based into fee-based products is counter productive because in the long ...

Westpac to raise capital by divesting BTIM stake

LAURA MILLAN  |  TUESDAY, 16 JUN 2015
... a manager alongside any other manager." "There will be no changes on how we run the business or on our offering to the wealth management space," he said. Westpac intends to sell 28% of BTIM shares, 19% of which will be through a fully-underwritten institutional ...