Wealth Management
Australian wealth manager AMP posts 33% rise in net profit
Australia’s biggest specialist wealth management company, AMP, has posted a 33% rise in net profits for the six months to 30 June due to solid growth in its core domestic business and a big contribution from its Chinese joint venture.
ANALYSIS: The dangers of wealth management consolidation
Wealth management and financial advice firms have been snapping up their peers at some rate in the post RDR world, but in recent months this has been kicked up a gear.
People Moves | 5 Aug 15
Brooks Macdonald creates deputy CEO role for Shepherd
Brooks MacDonald has appointed Andrew Shepherd to the newly created role of deputy chief executive.
Neptune hires Swiss head to boost country growth
Independent fund management company Neptune Investment Management has appointed a head of Switzerland as it looks to grow its business in the country.
Investment | 17 Jul 15
Ashes Investment Blog: Funds, runs and the quest for balance
As with markets, so with cricket. After the variable bounce infused contest that saw Australia comprehensively beaten in Cardiff, the second test had started much more poorly for England on a road of a pitch at Lords – an indication of just how quickly things can change.