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Showing 691 - 700 of 2094 results for jp morgan

AMP wealth arm leaked $873 million in first half

KANIKA SOOD  |  WEDNESDAY, 8 AUG 2018
... planners left in the first half but most of them were those who were retiring, Wilkins said in response to a question by a JP Morgan analyst. In the time, about 140 new planners joined AMP, bringing the net adviser departure to 130 heads. He said he ...

SMSFs: Low balance, low satisfaction

JAMIE WILLIAMSON  |  TUESDAY, 31 JUL 2018
... funds dropped in the last 12 months, particularly for those with a balance of less than $250,000. Latest insights from Roy Morgan show that while satisfaction with the financial performance of SMSFs is down across the board at 82.7%, those with lower ...

SPECIAL FEATURE: Breaking the custody mould

KANIKA SOOD  |  WEDNESDAY, 25 JUL 2018
... trillion of assets under custody for Australian investors - an increase of 4.9% over the 12 months to 31 December 2017. J.P. Morgan, BNP Paribas Securities Services and NAB Asset Servicing hold the top spots in terms of total assets under custody for ...

Aussie retirees blindsided by cost of living: Schroders

HARRISON WORLEY  |  THURSDAY, 19 JUL 2018
... continue to invest actively into retirement to ensure that their savings last." Schroders global head of retirement Lesley-Ann Morgan said achieving a comfortable retirement came down to saving earlier. "There is a real danger that people globally are ...

Wealthier Aussies seeking advice

JAMIE WILLIAMSON  |  WEDNESDAY, 18 JUL 2018
... in the 12 months to May, accounting for more than 27% of the total wealth management market. In its latest report, Roy Morgan has found that 1.96 million Australians have seen a financial adviser to purchase superannuation or managed funds. This cohort ...

REIT trust manager steps down

KANIKA SOOD  |  FRIDAY, 13 JUL 2018
... sector and in-depth knowledge of CMA assets." Australian REITs had a good second quarter, returning 9.8% according to J.P. Morgan. This was above Australian equities (8.5%), developing markets equity (5.9%), global fixed income (0.9%), Australian fixed ...

UBS chief investment strategist leaves

KANIKA SOOD  |  FRIDAY, 13 JUL 2018
... and the firm is expected to begin a search for his replacement. Prior to UBS, Cassidy was an equity strategist at J.P. Morgan for about eight years. He worked at Ord Minnett as a quantitative research analyst before this. The departure was reported in ...

Praemium FUA surpasses $8bn

KARREN VERGARA  |  FRIDAY, 13 JUL 2018
... prior corresponding period, with about $566 million of inflows coming in from Australian business. It most recently won Morgan Stanley Wealth Management's managed accounts business and inked a deal with West Australian wealth manager Hartleys. It ...

IOOF executive takes new role

JAMIE WILLIAMSON  |  FRIDAY, 13 JUL 2018
... portfolio manager at AMP and held the same role at Pengana Capital. She has also held roles with Commonwealth Bank, J.P. Morgan and Henderson Global Investors. In announcing Herold's appointment, Centrepoint's advice solutions executive Paul Cullen said ...

Royal Commission cracks down on life insurance phone sales

KARREN VERGARA  |  THURSDAY, 5 JUL 2018
... It was designed to make agents productive but, at all times, the intended outcome was compliant sales," he said. A Roy Morgan survey released in January found the phone was the most popular means of purchasing life insurance policies.