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Showing 41 - 50 of 86 results for "NewCo"

CBA readies wealth demerger, records $9.2bn cash profit

DARREN SNYDER  |  WEDNESDAY, 8 AUG 2018
... about what it looks like - a business which has generated after-tax profit of more than $500 million for the past two years. NewCo, or Commonwealth Bank's newly-branded wealth management and mortgage broking company preparing to demerge in 2019 ...

MetLife revamps relationship management and underwriting teams

KARREN VERGARA  |  TUESDAY, 7 AUG 2018
MetLife Australia made several senior appointments to its relationship management and underwriting teams. Rachel Towell and Stuart White are the latest to join the life insurer as state managers for New South Wales and ACT, and Queensland respectively. ...

Aussies turn to online trading in droves

JAMIE WILLIAMSON  |  WEDNESDAY, 21 MAR 2018
The number of retail online investors in Australia is the highest it's been since the GFC, the latest insight from Investment Trends shows. According to a new report, 645,000 Australians placed at least one share trade last year, compared to just 640,000 ...

The rise and impact of insurtech

JAMIE WILLIAMSON  |  THURSDAY, 14 SEP 2017
Legacy systems and antiquated business models of the global insurance industry are beginning to see significant disruption, prompting traditional insurers to up their game to get ahead of the curve and presenting prime opportunities for collaboration. ...

ETFs to reach $6 trillion by 2020

DARREN SNYDER  |  FRIDAY, 4 NOV 2016
Retail investment is continuing to dominate the Australian ETF market and the sector is expected to gain further traction among high net worth and mass affluent investors. This is one of the key takeaways from the fourth annual EY global ETF survey ...

Infrastructure debt funds reaching 2012 highs

ALEX BURKE  |  FRIDAY, 30 SEP 2016
The unlisted infrastructure debt fund market collectively raised US$11.6 billion in 2016, approaching the 2012 high of US$12 billion. A Preqin report on the sector said this suggested "debt is becoming a more significant part of the unlisted infrastructure ...

FICAP marks 10th anniversary with record fundraising

MICHELLE BALTAZAR  |  THURSDAY, 17 MAR 2016
The Financial Industry Community Aid Program (FICAP) celebrated its tenth year milestone last week by raising more than $200,000 at its annual 'Who Wants to be a RockStar?' fundraising night. More than 700 professionals from the financial services industry ...

Mine Wealth + Wellbeing partners admin newcomer

MARK SMITH  |  THURSDAY, 17 DEC 2015
Mine Wealth + Wellbeing is changing its administration systems provider to Recreo Financial, a small fintech company with its early experience in the SMSF market. The deal sees the$9.5 billion mining industry super fund taking a minority stake in Recreo. ...

Vanguard Australian Shares leads monthly ETF inflows

JOHN DYALL  |  THURSDAY, 19 NOV 2015
Apart from the phenomenal growth of around 50% in the past 12 months taking total funds invested in exchange traded products to more than $20 billion, the big theme has been the reallocation of capital from Australian equities to international equities. ...

FICAP Rockstar winners announced

ALEX BURKE  |  FRIDAY, 27 MAR 2015
The winners of the 2015 Finance Industry Community Aid Program (FICAP) Who Wants to be a Rockstar competition were crowned last night, with BlackRock's Adam Hess given the highest honour for his fiery performance of The Killers' Mr Brightside. Hess ...