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Showing 71 - 80 of 174 results for "Investments business"

Global group adds to local leadership

JAMIE WILLIAMSON  |  FRIDAY, 22 NOV 2019
... Australian and New Zealand markets. Munich Re has confirmed to Financial Standard it is bringing its savings and investments business to Australia, to be led by Alex Francois as head of Australia and New Zealand business development, financial solutions. ...

IOOF acquires OnePath at a discount

ELIZA BAVIN  |  THURSDAY, 17 OCT 2019
IOOF has secured the sale of ANZ's OnePath pensions and investments business for $850 million, down from the original sales price of $975 million announced in October 2017. ANZ said the new price includes around $25 million that it has already received ...

MLC Wealth appoints chief operating officer

KRISTI CHENG  |  FRIDAY, 30 AUG 2019
... for the asset class and manager research specialists, and global Chief Operating Officer in Mercer's investments business. MLC Wealth also named Andrew Morgan in dual roles of chief corporate services officer and chief financial officer, effective ...

Zurich chief to depart, successor named

ELIZABETH MCARTHUR  |  MONDAY, 12 AUG 2019
Zurich announced a new chief executive for its life and investments business as Tim Bailey exits for a new role. TAL Life chief operating officer Justin Delaney will join Zurich from December this year. Prior to that, Delaney held a series of senior ...

OnePath awards $210m in mandates

KANIKA SOOD  |  WEDNESDAY, 26 JUN 2019
... manager for cash and fixed interest. The changes were implemented in February. ANZ sold its OnePath Pension and Investments business to IOOF but the deal has faced roadblocks with a May update saying if any conditions of the transfer are not met by October ...

Zurich launches new client portal

ELIZABETH MCARTHUR  |  FRIDAY, 24 MAY 2019
... engagement policyholders had with their life cover. Zurich's head of propositions for Zurich's life and investments business, Tim Howell, said: "Through talking to clients and advisers we identified a number of engagement points to focus on ...

ANZ provides update on wealth sale

ELIZABETH MCARTHUR  |  MONDAY, 13 MAY 2019
... provided an update on its contractual arrangements with IOOF in relation to the sale of its OnePath Pensions and Investments business. The coupon rate ANZ pays on the debt note subscribed by IOOF reduced from 14.4% per annum to 2% per annum as of May ...

ANZ serious on cost cuts

ELIZABETH MCARTHUR  |  MONDAY, 6 MAY 2019
... retail services, the sale of its life insurance business to Zurich, completing the sale of its pensions and investments business to IOOF, reducing product offering and restructuring the workforce. The spokesperson commented the sale to IOOF may take ...

Macquarie expands US funds management

KANIKA SOOD  |  FRIDAY, 12 APR 2019
... also selected us as manager of a portion of the Foresters general account." Macquarie bought the Delaware Investments business about 10 years ago, when the current chief executive Shemara Wikramanyake was the global head of Macquarie Funds Group. The ...

Zurich Investments shuts down fund

KANIKA SOOD  |  THURSDAY, 28 MAR 2019
... global research and portfolio construction was tasked with overseeing the investments within its Life and Investments business. Part of Drennan's job was to undertake a strategic review of the Zurich Investments business which now has $2.4 billion ...