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Showing 7221 - 7230 of 9290 results for "wealth"

Australian private wealth firm selects US property

MELANIE TIMBRELL  |  MONDAY, 16 APR 2012
Funds management firm Equiti Capital Limited has purchased a 168 apartment complex in Texas for $7.35 million to take advantage of favourable US funding conditions. It is the first investment made by the Equiti US Multifamily Property Fund following ...

SWFs jump 16% to $4.62tr

ALEX DUNNIN  |  MONDAY, 16 APR 2012
Global sovereign wealth fund assets jumped 16% in the past 12 months to $4.62 trillion, with private equity assets in North America attracting special interest, reveals new research. According to the alternative investments research group Preqin, 57% ...

ANZ cuts wealth mgmt by 230

ELISE BURGESS  |  FRIDAY, 13 APR 2012
ANZ Wealth will cut 230 roles from its division, the bank confirmed today, due to rising costs and customer preferences. Initially announcing in February that 1000 jobs would be cut in the 2012 financial year, ANZ advised staff on Wednesday that around ...

CommInsure names advice distrib head

ELISE BURGESS  |  FRIDAY, 13 APR 2012
... insurance sales at ANZ-owned OnePath, which is undergoing major staff cuts at this time after announcing that 230 jobs from the wealth management arm would be cut. Goss has 28 years experience in the insurance industry in the US and Australia including ...

Retirement funding needs aged care inclusion

MELANIE TIMBRELL  |  THURSDAY, 12 APR 2012
As budget cuts to public spending loom, wealth providers are warning the cost of aged care needs to be factored into retirement planning. "The likelihood of care and its associated cost needs to be recognised at the beginning of retirement, not when ...

AMP appoints interim Multiport head

RACHEL DAVIS  |  THURSDAY, 12 APR 2012
... Australia in 2009 and became part of the AMP Group in 2011 following the AMP/AXA merger. AMP's director of banking and wealth management products, Rob Caprioli said McIlroy had made a significant contribution to the development of the SMSF market in ...

Social media trials in US continue

ELISE BURGESS  |  WEDNESDAY, 11 APR 2012
... Lynch is now offering its own internal social media options, as discussed by a panel of experts from large and regional wealth management firms. The panel, which included the head of social media at Morgan Stanley Smith Barney and the director of the ...

Super potential underrated by Aussies

ELISE BURGESS  |  TUESDAY, 10 APR 2012
... new study assessing attitudes to individual financial health, Baby Boomers said they were focused on building personal wealth but only 52% see their superannuation as a way to help them achieve their financial independence. According to super fund Sunsuper ...

SWFs have liabilities to manage too

ALEX DUNNIN  |  THURSDAY, 5 APR 2012
The $5 trillion sovereign wealth fund sector is poorly served by the investment management industry which doesn't understand their risk management requirements, claims a just released joint study by the EDHEC Risk Institute and Deutsche Bank. The misunderstanding ...

Sustainability more than greenwash: Mercer

MELANIE TIMBRELL  |  THURSDAY, 5 APR 2012
... improving risk-adjusted returns," said Ambachtsheer. "In terms of buy-in it tends to be public funds, increasingly sovereign wealth funds with activity among endowment and foundations common. "We are starting to see more action from corporate plans ...