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...

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...

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...

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....

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...

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...

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...

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....

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 ...

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....

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

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...

Financial planning software vendors may have differing views on whether web-based solutions will predominate in the short-term, but all providers have one thing in common...

Nothing much has changed on Money Management’s list of Top 50 Distributors during the space of the last 12 months....