AMP – SMSF Strategic Announcement and Appointments

Fishtank Solutions created CompareSMSF an on-line community in 2007.  The market focus of this initiative, Self Managed Super Funds (SMSFs) represents one of the most strategically significant segments of the Australian retirement savings market. One of Australia’s largest financial services companies, AMP, has recently made two significant announcements regarding

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Perpetual Transformation 2015 strategy

Over the next three years, Australian investment group Perpetual will embark on a transformation strategy that will significantly simplify its corporate structure, refocus its operational activities and capture new opportunities for growth. The Company will be reshaped as a large independent boutique wealth manager that will best leverage

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Risk-rating Managed Funds

L&G Investments is considering risk-rating its multi-manager range, which consists of the £249m Multi-Manager Growth Trust, £231m Multi-Manager Income Trust and £31m Multi-Manager Balanced Trust funds. It is the latest firm to look at risk-profiling its funds. Schroders says it is considering risk-rating some managed funds while

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Kleinwort Benson PWM hires Andrew Wheeler

Kleinwort Benson has hired Andrew Wheeler for the newly-created role of executive director of business development within private wealth management. Stephen Rothwell, head of private wealth management at Kleinwort Benson, said:  ‘We are continuing to build a formidable private wealth management team and Andrew is a strategic appointment

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Man to acquire FRM

Man Group plc (“Man”) has agreed to acquire the entire issued share capital of FRM Holdings Limited (Financial Risk Management “FRM”), a global hedge fund research and investment specialist with funds under management of approximately $8.0 billion. Man will integrate FRM with its multi-manager business. Man and

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