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Showing 761 - 770 of 2024 results for "AMI"

Self-awareness, adaptability key for asset owners

KARREN VERGARA  |  WEDNESDAY, 28 JUN 2017
Self-awareness, adaptability and keeping a close eye on competitors are critical to the success of some of the world's top asset owners. Research conducted by Willis Towers Watson in conjunction with the Future Fund highlights the importance of having ...

ASIC clarifies IFA definitions, extends SoA deadline

JAMIE WILLIAMSON  |  TUESDAY, 27 JUN 2017
ASIC has stated its position on the use of restricted terms relating to the independence of financial advisers. Following external legal advice, ASIC has clarified that phrases such as 'independently owned', 'non-aligned' and 'non-institutionally owned' ...

Expansions maintained despite dashed expectations

BENJAMIN ONG  |  MONDAY, 26 JUN 2017
Markit Economics' preliminary estimates show that while the purchasing managers' indices (PMI) for the US, the Eurozone and Japan all came in below market expectations, all remained in expansion. The IHS/Markit flash US composite output index slipped ...

Global asset management fees continue to fall

EMMA RAPAPORT  |  THURSDAY, 1 JUN 2017
Funds management fees have fallen globally across several asset classes amid rising competition from cheaper products and greater scrutiny by investors looking to cut costs. The latest bfinance report examines the fees of more than 160 money managers ...

Asset management looks different in 2020: Research

DARREN SNYDER  |  THURSDAY, 25 MAY 2017
Asset management will experience its "largest competitive realignment" over the next three years as the industry continues its increasing rate of mergers and acquisitions. Forty-four M&A deals took place in the first quarter of this year, and an industry ...

Super reform impacts AMP results

JAMIE WILLIAMSON  |  THURSDAY, 11 MAY 2017
AMP attributed increased net cash outflows in its first quarter results to Australians readying themselves for incoming superannuation reforms. The institution recorded an 11% increase in wealth management inflows year on year to $6.4 billion, but was ...

Which part of the elephant are you holding?

BENJAMIN ONG  |  FRIDAY, 5 MAY 2017
Like the story of the blind man and an elephant, interpretations are often derived from which part of the animal you touched. Such is the case with the Australian Bureau of Statistics' (ABS) elephant - the latest update on Australia's "International ...

ANZ and ETFS cut ties

ALEX BURKE  |  THURSDAY, 4 MAY 2017
ANZ ETFS is no more as the rapidly-downsizing bank decided to end its joint venture with ETF Securities, creating a separate business in the process. ANZ ETFS has been rebranded ETF Securities Australia, and eight exchange-traded products originally ...

Future of ANZ Wealth uncertain amid profit slide

ALEX BURKE  |  WEDNESDAY, 3 MAY 2017
ANZ Wealth's profit share in the bank's overall results continued to decline in the first half of FY17, underscoring six months of speculation as to the division's future. Back in November, ANZ chief executive Shayne Elliott said in a media briefing ...

Advice dealer group hires state manager

KARREN VERGARA  |  THURSDAY, 20 APR 2017
An advice dealer group is welcoming a former AMP advice manager to head its Queensland business as part of the boutique firm's expansion strategy. Joining Evermore Money Management as Queensland state manager is Chris Chetham. The firm said Chetham ...