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AMG Super appoints Melbourne-based BDM

05 May 2022 • By Jon Bragg • 1 min read

AMG Super appoints Melbourne-based BDM

The firm has hired a former executive from Bell Financial Group’s Desktop Broker. AMG Super has announced the appointment of Richard Carr as a new ...

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AMP records major outflows across business

AMP recorded $1.3 billion in net cash outflows from its wealth management business in the first quarter of the year. AMP’s Australian Wealth ...

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Magellan's FUM contracts on loss in global equities

Magellan has reported a slight decrease in funds under management (FUM), following a dip in global equities. Magellan reported FUM of $68.6 billion ...

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NAB half-year profit reaches $3.6bn

The big four bank has released its 2022 half-year results. NAB has reported statutory net profit of $3.6 billion as of March 2022, while also ...

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Asset manager fills newly minted investment director role

Global asset management firm, abrdn has announced that it’s appointed Raf Choudhury to its newly created investment director position

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Fed gears to fight inflation with biggest rate hike in 2 decades

The Federal Reserve has confirmed the news in a statement. The Fed has raised its benchmark interest rate by 0.5 per cent in a bid to fight ...

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Interest rates to remain below 2% in 2022, big banks agree

The big banks are predicting interest rates will remain below 2 per cent this year despite the markets pricing in a rate closer to 2.5 per ...

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Big 4 quick to pass on rate hike

Following the RBA’s first rate hike in 11 years, the big four banks have tweaked their home loan variable interest rates. The Commonwealth Bank ...

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TWUSUPER appoints Australia's first super minister as chair

Australia’s first minister for super is joining TWUSUPER as its new chair. TWUSUPER has announced the appointment of Hon. Nicholas Sherry as its ...

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Bell Financial Group nets new sales hire for Desktop Broker

Financial advisory service, Bell Financial Group has appointed Ryan Davis as sales and key account manager for its adviser trading platform, Desktop ...

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