Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 41 - 50 of 148 results for "Australian Wealth Management"

Perfect storm smashes AMP

HARRISON WORLEY  |  THURSDAY, 14 FEB 2019
... converged upon its wealth operations in 2018, leading to the result. "It'd be fair to say the Australian wealth management business was hit by a perfect storm in 2018," Lefevre said. The wealth manager failed to win any corporate superannuation mandates ...

Ferrari restructures AMP wealth leadership

HARRISON WORLEY  |  THURSDAY, 7 FEB 2019
... appointments will drive change while retaining experience in our leadership team," De Ferrari said. "In Australian wealth management, I am confident that, under Alex Wade's leadership, we will be able to reinvent our wealth management business to ...

HNWs to embrace alternatives in 2019: Fund manager

JAMIE WILLIAMSON  |  FRIDAY, 1 FEB 2019
... alternatives as the Australian listed market faces headwinds. Spire Capital director Dale Holmes said the Australian wealth management industry has enjoyed strong returns over the last 30 years from a domestic listed market and real estate bias, with ...

AMP profits nose dive, dividends hit

KANIKA SOOD  |  FRIDAY, 25 JAN 2019
... are expected to be $220 million. "This comprises around $325 million from the retained businesses (Australian wealth management, AMP Capital, AMP Bank and New Zealand wealth management and advice) and a net operating loss of around $105 million from ...

Former AMP senior manager joins platform

JAMIE WILLIAMSON  |  WEDNESDAY, 16 JAN 2019
... Home Loans. Powerwrap chair Anthony Wamsteker said Hardman is a welcome addition to the board. "The Australian wealth management landscape and technology-based transformation, and her ASX-listed company board experience, Donna is well placed to advise ...

GBST Australian revenues dip, UK picks up

KANIKA SOOD  |  TUESDAY, 14 AUG 2018
... provider of administration for wealth management, capital market and retail broking businesses. Its Australian wealth management business revenue for FY18 was down 6% from the previous year, totalling $15.5 million. The segment saw increased costs from ...

AMP moves to reset business

JAMIE WILLIAMSON  |  FRIDAY, 27 JUL 2018
... reductions, the cuts will have no impact on AMP's first half results for 2018 but will impact its FY2019 Australian wealth management investment related revenue by $50 million annualised. Australian wealth management IRR (internal rate of return) will ...

AMP to fight class actions, prioritise performance

HARRISON WORLEY  |  THURSDAY, 10 MAY 2018
... manager also released an update into its first quarter performance, attributing a 2% drop in its Australian wealth management business to "weaker investment markets". Further, AMP has delayed the release of its portfolio review as it prioritises the ...

Perpetual director joins ING board

KARREN VERGARA  |  MONDAY, 7 MAY 2018
... general manager of national distribution at Perpetual. She was also head of marketing and product at Australian Wealth Management, marketing manager at Citibank Australia, head of research services at Colonial Bank and market research manager at Rothschild. ...

BetaShares corners market with super-cheap Aussie equities ETF

ALEX BURKE  |  FRIDAY, 6 APR 2018
... later in April. BetaShares chief executive Alex Vynokur said the new fund "is a game-changer for the Australian wealth management industry, significantly reducing the cost of investing in a diversified portfolio of Australian shares." "BetaShares is ...