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Showing 81 - 90 of 117 results for "platform market"

Rainmaker releases 2012 platform report

RACHEL DAVIS  |  TUESDAY, 17 APR 2012
The platform market is increasingly dominated by its leading players which are now harnessing their grip on its distribution channels to create a vertically integrated wealth management eco-system, according the just released 2012 Rainmaker Platform ...

Platform FUM plummets by $16.5bn

ELISE BURGESS  |  MONDAY, 2 APR 2012
... National Australia/MLC ($46.2bn), AMP ($44.9bn), IOOF ($20.8bn), OnePath ($17.7bn) and Mercer ($14.9bn) lead the platform market. Finally master trusts were up 3.9% to $66.3bn or 16.1% of the masterfund market with AMP ($19.8bn), BT ($16.0bn) and OnePath ...

AXA releases new North

ELISE BURGESS  |  TUESDAY, 29 MAR 2011
... reported that once the AMP/AXA acquisition is completed, the new conglomerate will climb into third place of the platform market share with 15.8 per cent, as per Platform funds under administration (FUA) by end December 2010.

AMP closes in on AXA

RUTH LIEW  |  TUESDAY, 16 NOV 2010
... clearing the path to a merged business with a formidable 3,000-plus adviser network and ranked third largest in platform market share. AXA APH said in a statement that the directors are recommending the deal in the "absence of a superior proposal". The ...

AMP unveils $6.34 per share bid for AXA

JOHN MCDULING  |  MONDAY, 15 NOV 2010
... September after it was twice rejected by the ACCC, whose concerns centered around competition in the retail investment platform market. "AMP would hold the number one market position for risk insurance, retail superannuation and retirement income in ...

INGIM continues wholesale team expansion

ELISE BURGESS  |  THURSDAY, 4 NOV 2010
... its plans to expand its suite of investment products to financial advisers via dealer groups and the wholesale platform market. "This segment of the market is a key area of focus for INGIM's strategy here in Australia," said Jim McKay, head of sales ...

ACCC opposes NAB/AXA merger

RUTH LIEW  |  THURSDAY, 9 SEP 2010
... opposition applies, as the deal would likely result in "substantial lessening of competition" in the retail investment platform market. The commission arrived at the decision after further consultation with the industry, including feedback from planners ...

IOOF agrees to buy North

ALEX DUNNIN  |  MONDAY, 9 AUG 2010
... number two with 20 per cent of the market. Westpac/BT would be number one with 29 per cent. Across the overall platform market, the combined NAB conglomerate would control almost 25 per cent of the market, one-third more than the number two player. The ...

Platforms up 30pc to $391bn

ALEX DUNNIN  |  THURSDAY, 15 JUL 2010
... turnaround in equity returns in the year to end March has propelled a 30 per cent bounceback in the size of the platform market. According to Rainmaker's recently released Advantage Report, platform FUA climbed back to $392 billion up from $302 billion ...

BT dominates platform land

RUTH LIEW  |  WEDNESDAY, 5 MAY 2010
... driven by "good cross-sell into both the Westpac and St.George networks". BT also dominated 25 per cent of the platform market's inflows for the period. Overall, Westpac Group posted strong net profits of $2.88 billion, up 32 per cent. Cash earnings ...