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Rating agencies back Perpetual's new business

... things, we believe the right ingredients are in place for this experienced group to outperform over the long term. Perpetual Wealth Management group executive Gerard Doherty says the recent succession of strong ratings and supportive comments is confirmation ...

Action against illegal investment schemes on the rise

... investors, such as short-term unsecured loan investments, and investments promoted through contacts made at "get rich quick" wealth creation seminars, or via the Internet, are of real concern." "ASIC has and will continue to shut down illegal schemes ...

Bravura expands into Asia

... Bravura has signalled its intention to distribute its products in selected Asian markets last year when it bought the CSC wealth management business. Since the business launched into the market in 2004, the company has acquired CSC, Syscorp and the New ...

AXA primed for strong growth

AAP | TUESDAY, 23 AUG 2005

... to grow faster than its major financial services rivals in Australia for the foreseeable future. The life insurance and wealth management group surprised the market with a better than expected half-yearly net profit of $246 million, driven by the strength ...

Asteron adds product and marketing Power

... product and marketing having worked across a number of industries in the field including life insurance, retail banking and wealth management. She moves to Asteron from MLC where for a period of time she was in charge of building customer loyalty. Her ...

AUI bolsters its product and strategy arm

... with MLC and National Australia Group. Her international experience involved a stint as project manager for National's wealth management arm where her focus was on the development and implementation of strategy for the life insurance business. Prior ...

Investorweb restructures its research

... Securities and InvestorWeb Research products. Commenting on Ashton's appointment, Littlefield says Ashton provides us with a wealth of experience in both traditional and alternative managed funds and is proactive in assisting to fulfil advisers' research ...

Quintessential Wealth explores Eastern Europe

AAP | MONDAY, 15 AUG 2005

Australian boutique funds manager Quintessential Wealth Ltd (QWL) has launched its latest investment fund focusing on the emerging Eastern Europe and Baltic States economies. QWL Euro # II Fund will invest in Estonia, Latvia and Lithuania, the Czech ...

Mercer grows advisory team

Mercer Wealth Solutions has chosen Richard Carey to join its financial advisory team in the capacity of financial adviser and associate of the firm. Carey brings over 20 years finance industry experience to Mercer. He has held both domestic and international ...

Another win for Bridges against the taxman

... NSW OSR does not appeal the decision, the ruling will boost the bottom line result of Bridges parent company, Australian Wealth Management, who had set aside a provision of $5.2 million to cover the potential liability the majority of which can be written ...

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Treasury responds to Debelle's review into the AOFM

KARREN VERGARA

Treasury has responded to the Guy Debelle-led review into the Australian Office of Financial Management (AOFM), agreeing to all six recommendations.

Bravura ups guidance, reports earnings increase

RIDDHIMA TALWANI

Bravura Solutions informed investors cost discipline will protect its full year earnings result after a client migrated to a Business Process Outsourcing (BPO) early in the year.

MaxCap hires from Vanguard, AustralianSuper

MATTHEW WAI

MaxCap has welcomed two senior directors, including a portfolio manager from Australia's largest super fund, reporting to the recently named chief executive Kylie Robb.

Zenith snags mandate from Granite Bay

MATTHEW WAI

Granite Bay Private Wealth has selected Zenith Investment Partners to support their investment governance and due diligence.

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Blake Briggs

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Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.

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