Powered by MOMENTUM MEDIA
moneymanagement logo
 

WEALTH MANAGEMENT

Funds management

Wealth management services provider Bravura Solutions has foreshadowed development of new wealth management applications over the next year to maintain the strong results...

Editorial

Perpetual has reported a $131.5 million operating profit after tax for the 2006 financial year, which is a 13 per cent increase on last year’s result....

Financial planning

Bravura Solutions has strengthened its position across the Asia Pacific by entering into a regional teaming agreement with IBM....

Financial planning

Mergers and acquisitions played less of a driving role in the sector’s growth this past year than at any time since the product started to take off in 19887, but this mar...

Financial planning

The wealth management industry is ripe for consolidation according to fund manager Ausbil Dexia, who also predicted that the strong returns on the Australian market would...

Financial planning

The world’s leading wealth managers are predicting explosive growth in assets under management in Asia over the next three years, according to a survey by investment bank...

Financial planning

St George has entered into an agreement with investment company Kaplan Equity whereby each party will hold a 50 per cent stake in Ascalon Capital Managers....

Financial planning

The Commonwealth Bank has constructed a separate, walk-in investment management section in its Bondi Junction branch, in the hope of attracting more bank clients to its w...

Editorial

Although National Australia Bank chief executive John Stewart told investors yesterday that the bank is “not out of the woods” despite posting a record profit, a strong s...

Editorial

A jump in funds under management has helped listed financial planning business Investor Group post a record net profit of $12.09 million for 2004-05, a 55 per cent increa...

Financial planning

Challenger Financial Services will be able to offer its clients access to international securities after acquiring a 25 per cent stake in Five Oceans Asset Management....

Financial planning

Suncorp’s wealth management business contributed significantly to the group’s $821 million profit for 2005 on the back of strong investment earnings, although the result ...

Funds management

A strong wealth management performance in Australia and New Zealand helped lift AXA’s net profit for the half-year to June 30 by 36 per cent to $246 million....

Financial planning

Challenger has sold the former HSBC Private Investment Group to Deutsche Private Wealth Management for an undisclosed sum....

Editorial

Australia’s five largest banks increased their wealth management income by 19.2 per cent and their funds under management by 11.3 per cent in the first half of 2004-05, a...

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 weeks 2 days ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

3 weeks 1 day ago

So we are now underwriting criminal scams?...

6 months 3 weeks ago

After last month’s surprise hold, the Reserve Bank of Australia has announced its latest interest rate decision....

2 weeks 3 days ago

WT Financial’s Keith Cullen is eager for its Hubco initiative to see advice firms under its licence trade at multiples which are catching up to those UK and US financial ...

3 weeks ago

As the deadline approaches for advisers to meet higher education requirements, the FAAA has shared an “obscure” loophole to help advisers avoid redoing a professional yea...

1 week ago