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Showing 41 - 50 of 356 results for "Wealth Management business"

Global fund managers welcome chief executives

CHLOE WALKER  |  FRIDAY, 15 DEC 2023
... manager Ostrum Asset Management (Ostrum). In his new role, Setbon will oversee the firm's asset and wealth management business. He will also serve as a member of Groupe BPCE's senior management and executive committees. Groupe BPCE, which is the second-largest ...

Perpetual explores split following review

CASSANDRA BALDINI  |  WEDNESDAY, 6 DEC 2023
Perpetual will explore separating its corporate trust and wealth management businesses, aiming to create a more focused asset management business. According to the firm, the separation, currently being assessed by the board, will unlock additional value ...

ClearView reset pays dividends

KARREN VERGARA  |  WEDNESDAY, 23 AUG 2023
... and growth through efficiencies, productivity gains and scale benefits. The full divestment of the wealth management business is still underway. In February, ClearView announced it will sell ClearView Financial Management to Human Financial. The firm ...

AMP adds three group executive roles

CASSANDRA BALDINI  |  THURSDAY, 20 JUL 2023
... Blair Vernon. It also follows the departure of Scott Hartley amid the dissolution of the Australian Wealth Management business. AMP said the new organisational structure makes sense for the simplified company, the result of divesting several business ...

AMP offloads SuperConcepts

JAMIE WILLIAMSON  |  THURSDAY, 8 JUN 2023
... for customers." The deal follows last week's restructure that saw the dissolution of AMP's Australian Wealth Management business, with the group requiring a flatter organisational structure following the AMP Capital transactions. The decision means the ...

AMP restructures wealth management, chief exits

KARREN VERGARA  |  MONDAY, 29 MAY 2023
AMP has made the chief executive role of its local wealth management business redundant as it restructures to a new operating model. Australian Wealth Management (AWM) will see chief Scott Hartley exit by the end of the year. "With the recent [AMP Capital] ...

Private markets boost Macquarie AM results

KARREN VERGARA  |  FRIDAY, 5 MAY 2023
... portfolio as of Dec 20, having established net zero business plans by 31 Dec 22," MAM said. For the wealth management business, funds on the platform slightly rose to $123.1 billion or 4% year on year. Macquarie Wrap's managed accounts offering saw ...

Perpetual progresses Pendal integration

JAMIE WILLIAMSON  |  THURSDAY, 27 APR 2023
... and fixed income of $0.7 billion. Perpetual said these mainly came from one intermediary client. The wealth management business' total funds under advice now sit at $18.4 billion, up 3% on December. In Q3 it saw net inflows of $0.1 billion. Meanwhile ...

AMP wealth management AUM grows $2bn

ANDREW MCKEAN  |  WEDNESDAY, 19 APR 2023
In an ASX announcement, AMP said that its Australian Wealth Management assets under management (AUM) increased by $2 billion to $126.2 billion. However, the company had a net cash outflow of $600 million in Q1 2023, a slight improvement from the $900 ...

Legalsuper appoints chief executive

JAMIE WILLIAMSON  |  THURSDAY, 23 MAR 2023
... founded in 2017. Prior, he has held senior roles with AMP, including as chief strategy officer for its wealth management business and managing director of advice distribution. He also spent more than 16 years at ANZ in a range of senior positions. "Throughout ...