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Showing 7161 - 7170 of 9290 results for "wealth"

UHNW take $720bn hit in 2011

MELANIE TIMBRELL  |  WEDNESDAY, 20 JUN 2012
A 4.9% decline in the wealth of ultra-high net worth individuals saw the value of the entire high net worth sector contract by $US 700 billion in 2011. The fall is despite a 0.8% increase in the number of HNWIs, according to the latest RBC/Capgemini ...

Asset allocation more important than clever products

LINDA HAUSKEN  |  WEDNESDAY, 20 JUN 2012
Advisers are relying more on smarter asset allocation strategies than complex new products, reveals a survey of its advisers by independent superannuation and investment platform provider Wealthtrac. The survey conducted last month found that almost ...

A team joins Plan B

LINDA HAUSKEN  |  TUESDAY, 19 JUN 2012
Perth-based dealer group Plan B Wealth Management has appointed two new advisers, in line with its strategy of growth through the attraction of high quality, experienced professionals. Plan B believes that the right way of focusing on clients' best ...

MLC appoints head of practice management

LINDA HAUSKEN  |  TUESDAY, 19 JUN 2012
... offering. Fabig has 17 years experience in the industry and was most recently the head of sales and strategy at St George Wealth. Prior to her position at St George Wealth, Fabig was a practice development manager with MLC for nine years. "MLC has always ...

UK advisers should shift to planning

ALEX DUNNIN  |  TUESDAY, 19 JUN 2012
UK wealth sector intermediaries should stop providing advice and instead shift their focus to financial planning, says a new report from a conservative libertarian think tank. The report, 'Put the saver first, Catalysing a savings culture' by the Centre ...

Investment grade wine attracts global wealth

MELANIE TIMBRELL  |  MONDAY, 18 JUN 2012
Fine wine is increasing in attractiveness as an asset class for global private wealth investment, according to US-based specialist firm Trellis Wine Investments, which reports an annualised non-correlated return of 11.33% over the past 10 years. A recent ...

SWFs to reach $30tr in 20 years

ALEX DUNNIN  |  MONDAY, 18 JUN 2012
Sovereign wealth funds (SWF) have grown to US$5 trillion but still account for just 6% of world funds under management, according to new research from Rainmaker. The SWF sector has grown 10% pa over the past four years and is on its way to reaching ...

As many smartphones as people

ALEX DUNNIN  |  MONDAY, 18 JUN 2012
... Australian population is now using smartphones, a shift that is expected to ratchet up pressure on superannuation funds and wealth managers to use the emerging channel to communicate with members and distribute information. Market research firm, Telsyte ...

Market Wrap

AAP  |  THURSDAY, 14 JUN 2012
... 9.15 per cent, to $23.62 by 1218 AEST. The Australian Financial Review reported a private equity player was targeting the wealth manager and may make a takeover offer of around $30 per share. Telstra firmed 0.5 cents to $3.615. The spot price of gold ...

RI Advice expands financial planning offer

LINDA HAUSKEN  |  THURSDAY, 14 JUN 2012
The merger of RI Advice Burnie and Devonport with Coles Financial Group has created Zenith Wealth, a new financial advice offering based in Tasmania. Grant Howe, managing director of Zenith Wealth said this merger means that Coles Financial Group's ...