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Showing 7521 - 7530 of 9290 results for "wealth"

Aust foreign finance subsidiaries worth $71b

ALEX DUNNIN  |  MONDAY, 4 JUL 2011
Foreign subsidiaries of Australian wealth groups are worth $71 billion and employ 76,000 staff, revealed a new ABS finance sector survey. Recording $28 billion in offshore sales in 2009-10, insurance and pension fund services comprised 63% of this total ...

Snowball Shadforth planning for a FOFA future

RACHEL DAVIS  |  FRIDAY, 1 JUL 2011
... offer, with over 90% of votes in favour of the merger. The two non-aligned financial advice groups will form a $14.3 billion wealth management business with multiple business models and 188 financial advisers nationally. "There was a high probability ...

ING IM deal sees UBS climb the ranks

MATT WOODINGTON  |  THURSDAY, 30 JUN 2011
... ING IM is number 14 with around $6 billion. The majority of ING IM's investment portfolio is managed on behalf of ANZ's wealth management business OnePath, formerly ING Australia. As part of the deal, UBS will provide investment advisory services to ...

ANZ Wealth names head of finance

ELISE BURGESS  |  WEDNESDAY, 29 JUN 2011
ANZ Wealth has secured former BT Financial Group and Westpac heavyweight, John Frechtling, as its head of finance and chief financial officer for OnePath. Frechtling will occupy both roles starting on July 4. Prior to joining ANZ Wealth, Frechtling ...

Two new appointments as Equiti fund closes in on first US property

ALISON BEVEGE  |  WEDNESDAY, 29 JUN 2011
Wealth management group Equiti Private Wealth has made two new executive appointments. Former Centre Capital director Robert Coyte has taken over as head of advisory in the financial planning services side of the business, where he will expand the role. ...

Credit Suisse appoints former BlackRock MD

MATT WOODINGTON  |  TUESDAY, 28 JUN 2011
... management in Australia. The appointment signals Credit Suisse's intention to become a more influential player in the Australian wealth management market with Edward Jewell-Tait set to take over as head of private banking, Australia on July 4. Britten ...

Rainmaker launches Market Entry Report in Monaco

MATT WOODINGTON  |  MONDAY, 27 JUN 2011
... has launched its inaugural report on how offshore fund managers can tap the country's $1.7 trillion superannuation and wealth management market to a global audience in Monaco today. Rainmaker released the 2011 Fund Management in Australia Market Entry ...

AustralianSuper creates governance role

ELISE BURGESS  |  MONDAY, 27 JUN 2011
... AustralianSuper has further redefined the 'super fund' mould by creating a new governance role and expanding its position in the wealth management industry. Andrew Gray will join the fund in July in the newly-created role of governance manager in the ...

Bendigo Wealth expands, restructures with seven senior appointments

ALISON BEVEGE  |  FRIDAY, 24 JUN 2011
Bendigo Wealth has restructured to prepare for the future of financial advice reforms with a raft of new appointments and new products on the way. The wealth management arm of the Bendigo and Adelaide Bank, officially launched in April, has taken a ...

Asian private wealth tops Europe

MATT WOODINGTON  |  FRIDAY, 24 JUN 2011
Asia's community of high net wealth individuals (HNWI) overtook Europe for the first time in 2010 as the world's richest look set to pour more money back into equities and commodities 2012. Asia-Pacific posted the strongest rate of HNWI population growth ...