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Macquarie

Demise of the machines as Macquarie closes robo-advice unit

Asia | 15 Jun 17

Demise of the machines as Macquarie closes robo-advice unit

Macquarie’s direct robo-advice service is to be shut down with its automated advice offering integrated into the bank’s wealth platform following the sudden death of founder and chief investment officer John O’Connell.

PEOPLE MOVES: T Rowe Price, Invesco Powershares, Man Group

People Moves | 10 Mar 17

PEOPLE MOVES: T Rowe Price, Invesco Powershares, Man Group

Asset managers have been on a bit of a hiring spree with T Rowe Price and Invesco’s Powershares expanding their business development teams while Amundi and Man Group announce some internal promotions.

Companies | 3 Mar 17

PEOPLE MOVES: Intrinsic, Sesame Bankhall Group, GAM

Old Mutual Wealth’s Intrinsic has lured its new group managing director from Sesame Bankhall Group, which has prompted a management reshuffle at the financial services distributer. GAM has raided Henderson to fill its newly created head of equities role.

Zurich buys Macquarie Life’s risk business

Asia | 26 Sep 16

Zurich buys Macquarie Life’s risk business

The Federal Court of Australia has approved the transfer of Macquarie Life’s risk insurance portfolio to Zurich Australia, a move that will see the Swiss firm become Australia’s fourth biggest retail insurer in the IFA segment.

People Moves | 20 Sep 16

PEOPLE MOVES: Axa, Legal & General, Aegon

Axa Asia has named a chief executive of Life & Savings and Distribution, while Legal & General have added to its investment and pension risk transfer businesses with two appointments. Aegon Asset Management has bolstered its American real estate advice business with three people moves.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.