AMP’s MyNorth turns one

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AMP’s wrap platform MyNorth has celebrated turning one by further enhancing user experience for advisers and their clients. Since its launch last year, MyNorth has been one of Australia’s fastest growing superannuation and investment platforms, with $6.7 billion in funds under management. With the enhancements to the platform advisers can now manage multiple client activities […]

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Legg Mason Martin Currie Real Income Fund surpasses $500 million in funds under management

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Legg Mason, a global multi-affiliate investment manager, today announced that the Legg Mason Martin Currie Real Income Fund has now over $500 million in funds under management. Legg Mason Managing Director, Australia and New Zealand, Andy Sowerby said: “Launched in late 2010 the Legg Mason Martin Currie Real Income Fund is an investment strategy designed […]

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AMP Capital announces team changes to drive its international growth strategy

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AMP Capital is further evolving its global business model with a number of changes to the leadership team to better support clients and the firm’s future growth in key asset classes and regions. Craig Keary, currently AMP Capital Director of Australia and New Zealand, will become AMP Capital Director, Asia Pacific. Mr Keary will retain […]

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Tim Plant appointed to ANZIIF Board

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The Australian and New Zealand Institute of Insurance and Finance (ANZIIF) has appointed Tim Plant to its board. Tim, who has over 25 years of insurance and reinsurance experience, will be a welcome addition to the Board. He is currently icare’s Group Executive, Innovation and brings with him a wealth of experience as CEO of […]

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AMP Capital announces signing of WesTrac and next stage of industrial development in Western Sydney

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AMP Capital has announced the signing of WesTrac, one of Caterpillar’s largest authorised dealers, on a long-term lease at Crossroads Logistics Centre, located at Casula in Sydney’s south west. The signing of WesTrac means that AMP Capital will now commence the next stage of its $130 million development with the construction of a purpose-built facility […]

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Moneytree completes a JPY 1 billion funding Series B funding round

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Moneytree KK (Shibuya, Tokyo) has completed a Series B funding round that will drive its further expansion in the rapidly developing global FinTech industry, including entering the Australian market within the coming months. The development paves the way for unprecedented connectivity across the financial services sector with Moneytree providing tools and services that enable individuals […]

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Insync Funds Management appoints Portfolio Manager to the Global Titans Fund

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Insync Funds Management is pleased to announce the appointment of John Lobb as portfolio manager within the investment team. John has over 25 years of analytical and portfolio management experience. Previously, he had worked at Bankers Trust Australia, Citigroup Global Asset Management, Credit Suisse Global Asset Management and Orion Asset Management. Monik Kotecha, Chief Investment […]

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Melbourne vacancy rate drops to near 10-year low

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Housing data released by SQM Research this week has revealed the vacancy rate tumbled to just 1.7% in Melbourne in February this year, a near 10-year low, while falling in other eastern capitals against a steady national vacancy rate. In Canberra, the vacancy rate fell to just 0.9%, the lowest since May 2012, while in […]

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IOOF appoints new head of Technical Services

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IOOF has announced the promotion of Martin Breckon to Head of Technical Services, replacing Kate Anderson who recently moved to a senior role at IOOF-owned, Bridges Financial Services. Martin has been a key member of IOOF’s technical services team since 2012 and has over twenty years’ experience in technical advice services. Prior to joining IOOF […]

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Powerwrap hits $6 billion Funds Under Administration

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Australian financial services company Powerwrap Limited yesterday reported that its Funds Under Administration (FUA) had reached $6 billion, an increase of $480 million in the last month and $1 billion in the last six months. Powerwrap Managing Director Chris Brant said Powerwrap was consolidating its position at the forefront of the platform industry. “Clients are […]

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