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Showing 7761 - 7770 of 9290 results for "wealth"

Cashflows down, but Flexible Super shines: AMP

RUTH LIEW  |  THURSDAY, 28 OCT 2010
... into AMP's SMA offering, Personalised Portfolio Service. While AMP largely experienced lower cash flows, its Contemporary Wealth Protection reported some positive results for the firm, with net cashflows increasing by $18 million to $120 million, and ...

ANZ posts $5bn profit

ELISE BURGESS  |  THURSDAY, 28 OCT 2010
... rose 9 per cent. However, ANZ reported that expenses also climbed 7 per cent. The acquisition resulted in ANZ building its wealth management and life insurance sectors and made it a $45 billion fund manager with more than 1,700 financial planners. In ...

Goodman makes play for $1.2 billion ING REIT

JOHN MCDULING  |  THURSDAY, 28 OCT 2010
Goodman Group, along with "three major pension and sovereign wealth funds", has made a move for the ING Industrial Fund, it was revealed this morning. In a statement to the ASX, ING said it had received a "highly conditional" proposal from the consortium ...

MLC stars in NAB $4.2bn profit

RUTH LIEW  |  WEDNESDAY, 27 OCT 2010
... NAB's acquisition of Aviva, double digit insurance premiums growth and improved investment markets have helped MLC and NAB Wealth become key contributors to the bank's $4.2 billion net profit this year. NAB announced this morning a 19.3 per cent increase ...

Takeover will not affect client funds: Perpetual

RUTH LIEW  |  WEDNESDAY, 27 OCT 2010
... opportunities" in the group, analysts say. "We believe buyers exist for the Corporate Trust, Mortgage Servicing and Private Wealth businesses outside the group," UBS said. Meanwhile, Russell Gill at JPMorgan argued that a bigger issue was retention of ...

Industry could face another inquiry

RUTH LIEW  |  TUESDAY, 26 OCT 2010
... profits - topics Hockey raised in a statement late last week. And with the big banks increasingly deriving profits from their wealth management arms such as Colonial First State Global Asset Management and MLC Investment Management, another inquiry would ...

Advisers of tomorrow are 'choice architects'

ALEX DUNNIN  |  TUESDAY, 26 OCT 2010
... care but reaching out to and working with their families. "It enables advisers to leverage into the next generation of wealth. The client with the problem is often not the person going into care but their adult children," said Biti. Advisers who specialise ...

Count selects Lonsec and IRESS

RUTH LIEW  |  MONDAY, 25 OCT 2010
One of Australia's largest financial planning groups, Count Financial, has replaced van Eyk with Lonsec as its new research provider, and appointed IRESS as a software partner. Grant Kennaway, general manager of research at Lonsec, said the firm will ...

Perpetual rejects KKR, open to better offer

JOHN MCDULING  |  MONDAY, 25 OCT 2010
... divestment opportunities" in the group. "We believe buyers exist for the Corporate Trust, Mortgage Servicing and Private Wealth businesses outside the group," UBS said. Meanwhile, Russell Gill at JPMorgan argued that a bigger issue was retention of the ...

Perpetual Private Wealth targets growth

RUTH LIEW  |  FRIDAY, 22 OCT 2010
Perpetual Private Wealth is aiming for year-on-year double digit growth in profits and revenue, and is planning to make further acquisitions, said Geoff Lloyd, Perpetual group executive of private wealth. Lloyd said the firm had set an ambitious growth ...